NARI Member RisherMartin Wins Premier National Entrepreneurship Award for Innovation in their Industry

rishermartinlogoRisherMartin Fine Homes was presented the 2016 Fred Case Entrepreneur of the Year Award at the Hanley Woods Remodeling Gala in Kansas City, Missouri. The most prestigious honor in the remodeling industry, the annual Fred Case Award is presented to the industry’s brightest and most innovative firm. Bruce Case, the President and CEO of Case Design stated, “RisherMartin Fine Homes was a clear choice because of their best in class operations that are driven by a suite of hardware, software, and cloud based applications that allow them to collaborate quickly and accurately, all within the complex operation of a renovation firm.”

With business and engineering backgrounds, Chris Risher and Jeremy Martin, of RisherMartin Fine Homes, have continuously harnessed the power of available technologies to run and operate a highly efficient organization. These systems have allowed RisherMartin to effectively communicate with hundreds of partners that help plan and build their homes. These same tools have allowed them to eliminate the age-old problem in the construction industry – projects taking longer and costing more than anticipated.

RisherMartin Fine Homes is an Austin based renovation and custom home building firm that focuses on architecturally significant projects in Central and West Austin. RisherMartin works collaboratively with some of Austin’s most prestigious architects to help plan and build residential projects with a fixed price guarantee. Their work was recently featured in the 2016 American Institute of Architects Austin Homes Tour, designed by Furman + Keil Architects.

Builder Confidence Jumps In September

HMI lands at highest level in almost a year.

By Hanley Wood Data Studio

The home builder association’s index of builder confidence moved up by six percentage points in September to a reading of 65, the highest it has been since last October, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released Monday. The August reading was downwardly revised to a reading of 59.

Read More At Metrostudy →

Constructive Demand, Shaky Supply

Call it “good news Friday,” for a mid-September splash of brighter hues on the demand side of housing’s still-healing supply-and-demand equation. What’s good about it?

For starters, what’s negative is less so. Here’s CoreLogic’s latest look at the portion of the nation’s 50 million homes with mortgage loans that are “under water,” or in negative equity. Homes with negative equity stood at 3.6 million, or 7.1% of all homes with a mortgage; that’s a better-than 13% improvement from the prior quarter, and almost 20% better than a year ago. The headline here is that there are 900,000 fewer of those mortgage holders now than a year earlier who owe a bank more money than their home would fetch if it were sold today.

Read More At Metrostudy →

New Home Sales Cooled In August

August posts biggest drop since Sept. ’15; still, year-over-year gains are impressive; weather in east could be a factor.

By Hanley Wood Data Studio

The numbers are in: Sales of new single-family houses in August 2016 came in at a seasonally adjusted annual rate of 609,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. The rate was 7.6% below the revised July rate of 659,000 but 20.6% above the August 2015 estimate of 505,000. It also was above the consensus Wall Street estimate, per Bloomberg, of 598,000, and, per The Wall Street Journal, of 602,000.

Read more at Metrostudy →

Election Year’s Impact On Housing Uncertain

THE CONFIDENCE GAME
Metrostudy, September 12, 2016

Expect a roller-coaster ride for consumer sentiment as election-year trends weigh on housing’s still-fragile recovery trajectory.

By John McManus

Elections do a number on consumer sentiment and confidence. Especially the every-four-year kind that result in a chief executive for our country’s government, and hold out the potential, at least, for re-tipped balances among Congressional representatives and partisan power.

Probably the most significant force or factor sitting in the soup of uncertainty ahead that could impact abundantly-evident strong demand for homeownership’s spectrum of new and used house and community options is a blow to consumer confidence.

National Association of Home Builders senior economist Jung Fu watches the most widely accepted measures of consumer confidence, from The Conference Board and the University of Michigan. She’s tracked us to the present, noting that The Conference Board’s latest readings–for August–blipped up for the total Index as well as for component measures for the “present” and “expectations.”

Read more at Metrostudy →

2016 Tour of Remodeled Homes On CultureMap

Check out this article at CultureMap: Inside 4 stunning abodes on Austin’s Tour of Remodeled Homes

The Austin NARI Tour of Remodeled Homes is back for its 14th year, featuring renovations by seven of Austin’s top builders. The self-guided tour takes place Saturday, September 24, and Sunday, September 25, from 10 am to 6 pm. Nine beautiful homes are featured on the tour, but first, we take you inside four of the stunning remodels.

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Read and see more online →

In The News: Zilker-area home on remodeling tour now a place where kids can hang

The Austin American-Statesman recently ran a nice article about one of the homes on the 2016 Tour of Remodeled Homes:

Susan Terrell and Don Brode moved into their Zilker neighborhood house in 2003 with just a dog. Their family grew to two dogs and two kids, George, 9, and Lily, 11. Ten years after moving in, Terrell and Brode realized they needed more space than the 1,750-square-foot house.

They went on a search but realized how much they loved their neighborhood. Instead, they decided to remodel and build an expansion that would satisfy their criteria: to create a house that was true to the 1956 era in which the house was built and create a space for their children’s friends to congregate. “We decided to have the house where people would come to our house instead of the kids always wanting to go to Joey’s house,” Terrell says. She says she wanted her kids to grow up with her and her husband instead of growing apart.

And unlike many home remodeling projects where walls are torn down to open space, Terrell and Brode decided to define the space, much like the original 1956 home, but with a better flow. They worked with CG&S Design-Build and architects Stewart Davis and Gregory Thomas and project manager Jay Schaefer and interior designer Mark Evans.

Read more here and be sure to visit this house and all the rest on the 2016 Tour of Remodeled Homes!

Five Mistakes To Avoid When Cleaning Your Deck

by TimberTown Austin

Spring is here! The grass is green, flowers are blooming, and it’s the perfect time to enjoy your outdoor space before the heat of summer. For deck owners, all you have to do is just step outside onto your porch or back deck and soak up the sun, right? Not so fast.

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If you own a deck or porch, you know there’s work to be done! After fall and winter, there’s bound to be stains, dirt, and grime that has been left to sit and settle into the boards and between the gaps. Before you bring the lounge chairs back out, there are a few ways you can actually ruin the look of your deck if you’re not careful.

by TimberTown Austin

Here are the top mistakes to avoid when cleaning or refinishing your deck:

Mistake #1: Letting Nature Do The Work

If you think the wind and rain that come during the spring will clean your deck or porch for you, think again. All the elements can do is move around dirt and grime, not remove it.

Mistake #2: Not Clearing The Gaps

Allowing any part of your deck to accumulate dirt, leaves, and anything else in between the gaps of your deck boards can lead to serious issues. Any organic matter that’s left to rot can cause discoloration and premature rotting of wood (especially softer woods like pine and cedar). Also, because water tends to accumulate in any area where it cannot run off, it will pool and potentially cause your decking to warp and twist. Do your boards a favor, mind the gap and clear them out thoroughly.

Mistake #3: Excessive Powerwashing

Decking materials, whether they be as strong as Ipe or made of composite materials, are not steel or glass. They can be damaged by prolonged power washing, using the wrong tip, or too high of a PSI. If you have never pressure washed a deck before, you need to do the following:

  • Use a fan tip
  • Wash along the grain and the length of the board
  • Never aim too close to the deck surface

Mistake #4: Not Cleaning Your Deck Prior To Refinishing

So, let’s say you have a new deck made of Ipe and it’s due for its very first annual refinishing. Instead of reading the directions, you simply sweep off some leaves and dirt and apply the oil. Everything looks fine the first day, but after a while you notice strange markings on your deck. Surely, it must be the oil! Nope. The oil did its job. Unfortunately, it’s not enough to sweep off your deck prior to oiling it. It has to be thoroughly cleaned so the finishing solution of your choice can adhere to the grain and protect the wood. If there’s dirt still left in the wood, the oil cannot properly soak into the surface. Use a wood deck cleaner and brightener to prevent giving yourself more work and an ugly deck to look at.

Mistake #5: Not Checking The Weather Prior To Refinishing

It’s Saturday morning and you are going to oil your hardwood deck first thing in the morning. You oil your deck in no time flat. Sunday morning, everything still looks good. Then it rains. You don’t notice it at first, but after a few days you notice the finish is uneven and it looks like the wood has spots all over it. What happened? Because the oil had not yet fully dried and settled
into the wood, the finish became uneven. To prevent this from happening, make sure your deck is completely dry 24 hours prior to and after applying any finish or sealer.

The Exception To The Rule

The best way to ensure you never make these mistakes is by building a deck out of composite decking. Popular brands like Trex, TimberTech and Fiberon are wrapped in a protective plastic shell which won’t rot and come with 25-year stain and fade warranties. You can also use a 100% PVC product like Azek or Zuri which don’t use any organic materials and have longer warranties. Composites are the best low-maintenance option since all it takes is a little soap and water to keep it looking brand new.

Conclusion

Avoid these mistakes and you can give yourself the best chance of not spending a lot of time and money on future deck maintenance and repairs. Instead, you can clean your deck, apply a finish, and enjoy it for the remainder of the year. Or, you can build a composite deck and save yourself a little time and elbow grease.

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