Tuesday, 15 August 2017 14:39

Builder Buildup

BUILDING MOMENTUM: AUG 2017

CRAIG FEATURED IN CBF

"Homebuilding picks up steam in Central Ohio, but can't keep up with demand..."

Columbus Business First Magazine interviewed our boss and other market leaders. Though 2017 construction activity is on the rise, builders can't keep up with the demand from home buyers.

Topics Within:

  • Miserable market for buyers
  • An artificial high
  • Builder build up
  • Nationwide challenges
  • A new way of building
  • Less is more (but we need more)

Updated: Aug 10, 2017, 4:01pm EDT by JANET ADAMS


 

Home sales rose in central Ohio last month, but inventory stands at record low

New Construction At Ebrington

Craig Tuckerman has been a custom home builder in Central Ohio for more than 25 years, so he knows all about the ebbs and flows of what can be a volatile market. These days, in a region that’s experienced 77 straight months of inventory declines in single-family homes and condominiums, “It’s a good time to be a builder in Columbus,” said Tuckerman, president of Tuckerman Home Group Inc.

If I didn’t know what the numbers were, I’d have thought we were back at that 10,000 (building permits a year) level,” he said. “Everybody is busy.” The fact is, the building industry isn’t close to pre-Great Recession numbers. Data provided to Columbus Business First from Binns Real Estate Services show that since 2000, the peak of 11,266 permits for Franklin and surrounding counties occurred in 2003. That number hit a low of 2,119 in 2011. It grew to 3,197 permits in 2016.

Home building is making a comeback, industry experts and builders say. Activity is up 15 percent for this year’s first half, according to Robert Binns. It’s a development that can’t happen soon enough for home buyers and their Realtors.

READ MORE great work from Janet Adams of Columbus Business First:

 

 


 

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Do not hesitate to contact Lisa Theado at 614-353-4644 with questions or to schedule a showing on one of our inventory homes. This inventory is a valuable resource in the popular communities of Ebrington, Upper Arlington, Bexley, and Kitzmiller Road.

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Craig Tuckerman

NAHB Master Custom Builder since 2002, 2013 Building Industry Association Board of Trustee, 2011-2013 Ohio Residential Construction Advisory Committee, BIA Member since 1993, 2009 BIA Next Generation Builder of the Year, 2009 BIA Service Provider of the Year, 2005 BIA Builder of the Year,  2004 BIA President.

Craig demonstrates outstanding commitment to promoting the objectives of the BIA and the best interests of the housing industry. He has an impeccable industry reputation including ethical business practices and outstanding customer satisfaction.

Lisa Theado, Head of Sales, The Tuckerman Home Group

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