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Week of January 12, 2004

Front Page

President's Message

* 2003 – A Year to Remember

Housing Forum

* Saving Open Land Is All About Density

Housing and Economics

* Home Sales Slip in November, But Record Expected for 2003

Multifamily

* EPA Revises Water Submetering Policy
* Multifamily Stock Index Poised for Record High

Business Management

* Eight Ways to Drive Internet Leads and Sales

Research

* Newly Modified ANSI Square Footage Standard Available

Building Quality

* Research Center Program Promotes Building Quality

Seniors Housing

* Developing a Strategic Plan for the 55+ Market Niche

State and Local

* Eight Honored for Advancing Housing-Friendly Initiatives

Builders Show

* Show Registration Available On Site Only
* HUD to Announce Top 10 Home Building Technologies

Housing Finance

* Fed Report Underestimates Fannie Mae, Freddie Mac Contribution, Builders Charge

Small Builders and Remodelers

* A Good Home Show Booth Can Drum Up Business

Building Systems

* Online Reports Provide Information on Concrete Homes

Labor

* Florida Builders Showcase HBI’s Project CRAFT Program

Building Products

* Pella Displays Latest Innovations at Builders’ Show

Building News Coast To Coast

Association News & Events

* A Message From a Candidate for NAHB Vice President/Secretary
* Stanton to Lead NAHB Legislative and Political Operations
* Indiana Builder Named an Entrepreneur of the Year
* One Home at a Time, Mississippi Builder Putting Working Families on the Road to the American Dream
* Log In this Month to Enter to Win a Free Palm PDA
* Calendar of Events

NBN Back Issues

 

Indiana Builder Named an Entrepreneur of the Year

In National Entrepreneur of the Year Awards® presented in Palm Springs, CA, in late November, Paul Shoopman, a member of the Builder Association of Greater Indianapolis, was named one of 2003's top 10 entrepreneurs in the nation and the leader in real estate and construction by the accounting firm of Ernst and Young.

Shoopman was cited for demonstrating that high quality homes can be affordable. His firm, Dura Builders, builds between 600 and 700 homes a year in the $90,000-$250,000 range.

The Indianapolis-based company has its own manufacturing plant, engineering and surveying service, development firm and mortgage lending service. "This vertically integrated approach provides a great convenience for customers by allowing them to apply for a mortgage, view a model home and select their own color palette all in one place," it was noted during the awards.


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Shoopman used the industrial arts skills he learned in high school to follow his two brothers into construction. He started out building custom homes one home at a time and also did concrete work for a large production builder. Refused financing by every bank in town, he was able to build his first home at 18 after his father signed for the bank notes for the lot and building materials.

In 1979, the beginning of a five-year period of a severe economic downturn with peak interest rates of 21%, “I just shifted gears,” Shoopman recalls. “I went into housing production because nobody was buying custom homes, and my decision turned out to be perfect timing.”

Bill Carson, chief executive officer of the Indianapolis builders, says that Shoopman “has a tenacious approach to everything he considers worthwhile.”

He became interested in the NAHB Spike Club in the late 1980s and in his first-year recruitment efforts brought in 84 members, making him the nation’s top producing Spike. In 13 years he has recruited 500 Spikes, a record that is surpassed by only one individual in the history of Indiana.

Dura only considers bids on work that come from members of NAHB. He is a Gold Key member of BUILD-PAC, NAHB’s political action committee.
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