.jpeg)
Inflation Pressure to Continue in 2022
In November, consumer prices were up 6.8% from a year ago — the largest year-over-year gain in almost 40 years, with further inflation expected. Supply-chain constraints and strong consumer demand have contributed to recent price increases in some sectors. For example, building material pricing in the separate Producer Price Index increased 14.1% on a year-to-date basis through November. This is triple the comparable growth rate from last year. Prices are higher for a broad set of materials, including
Builder Sentiment Strong at Year’s End
BY ROBERT DIETZ on DECEMBER 15, 2021 Despite inflation concerns and ongoing production bottlenecks, builder confidence edged higher for the fourth consecutive month on strong consumer demand and limited existing inventory. Builder sentiment in the market for newly built single-family homes moved one point higher to 84 in December, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This ties the highest reading of the year that was posted in
Enter the 33rd Annual REGAL Awards
The Sales & Marketing Council (SMC) of the BIA of Central SC (BIA) is pleased to present the 33rd annual REGAL Awards. This program recognizes and awards Real Estate's Greatest Achievers and Leaders in many areas of the sales and marketing of new homes. SMC members are encouraged to enter the awards program now through January 17, 2022 (click here to enter). We are also pleased to announce that the winners will be announced at an in-person REGAL Awards Gala to be held Saturday, February 26, 2022 at the
Scott Morrison named BIA Residential Builder Member of the Year, Other Members Recognized
Members of the Building Industry Association of Central South Carolina (BIA) voted for their choice of nominees for the Byron Crosthwaite Residential Builder Member of the Year Award and the Associate Member of the Year Award. These awards and others were presented during the associations annual Holiday Ball held Friday, December 10, 2021. he 2021 BIA Residential Builder Member of the Year is Scott Morrison of Great Southern Homes. The award is sponsored by Movement Mortgage. Mr. Morrison joined the
Winners of the 2021 Central SC Building & Remodeling Awards
The winners of the 2021 BIA Building & Remodeling Awards were announced this September. This is a program of the Building Industry Association of Central SC (BIA) and combines the long-running Columbia Remodelers Awards (CRA) and the Custom Building Awards (CBA) programs. The awards are given to BIA Members for work completed in the Midlands between May 2020 and September 2021. Due to COVID-19, judges from around the country viewed photos and read descriptions of entries to determine the winners of each
.jpg)
