30
JAN-FEB 2019 Rochester Area Builders, Inc. a publication of FOUNDATIONS FORTY BEL W o CONNECTING. BUILDING. ENGAGING. RAB 99 North Construction + A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Co., Inc. - North Rochester + ABC Supply Co., Inc. - South Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Aerotek + Al Barker Custom Homes, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + All-Star Basements + Allegra Marketing + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + And More By Kori + Andersen Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + B&C Plumbing & Heating, Inc. + Barton Brothers Construction, LLC + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beacon Roofing Supply + Beckley's Office Products + Bell Bank Mortgage + Benike Construction + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + Bob's Construction, Inc. + Bobcat of Rochester + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandon Henderson's Construction Plus, LLC + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + CAPS Kitchen & Bath + Carpet One of Rochester + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications / SpectrumReach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + Chosen Valley Testing, Inc. + Chris Fritsch Custom Homes, LLC + Christian Brothers Cabinets + CHS, Inc. + City of Byron + City of Chatfield + City of Elgin + City of Eyota + City of Kasson + City of Lanesboro + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + CLA + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Compeer Financial + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Country Financial + Countryside Builders, LLC + Craig Swanson Builders, Inc. + Cravath Homes, LLC + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / Custom Communications Inc + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + Dakota Supply Group, Inc. + Dale Gathje Construction, Inc. + Dan Severson Builders, Inc. + Data-Smart Computers, Inc. + David Reiland Building Contractor, LLC + DeGeus Tile & Granite + Derby Construction, LLC + Design Studio B + Destination Building Center + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Family Tradition Flooring + FASTSIGNS + Ferguson Enterprises + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + Ford Metro, Inc. + Foster Construction, Inc. + Foster Klima & Co. + Franklin Energy + Frattalone Companies, Inc. + Gary Kline Roofing, Inc. + Gerhards - The Kitchen & Bath Store + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + Greg Speedling Contracting, Inc. + Greg Wellik Construction + Guaranteed Rate Inc + H&H Company of Rochester, LLC + Haley Comfort Systems + Hallmark Building Supplies, Inc. + Hamilton Plumbing (Merged with B&C) + Hammer Homes Inc + Hanson Construction & Specialty Cabinets, LLC + Harmony EDA + Harmony Insurance Group + Harris Rochester, Inc. + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security Services LLC + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + Hirshfield's Decorating Center + Home Federal Savings Bank + Home Improvement Professionals, Inc. + HomePro Home Inspections, Inc. + Houston County EDA + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + ICC Restoration & Cleaning Services + iHeartMedia + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + International Brotherhood of Electrical Workers Local 343 + J&M Consulting + J.F. Ahern Company + Jaguar Communications + James Hardie Building Products + Jeff Feece Designs + Jeff Hinkle Custom Homes, Inc. + Jim Whiting Nursery & Garden Center, Inc. + Joe Hartert Builders, LLC + Johnson Printing + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Kariel, Inc. + Kendell Doors & Hardware, Inc. + Kenny Sylvester Construction, LLC + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + Kitchens Plus + KLHome Staging, LLC + Knutson Construction Services + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC / KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + Larry Newman Drywall + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + M.P. Kaye Builders, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + Manufacturer's Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, Inc. + Med City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Consulting + MedCity Duct Cleaning, LLC + Meier Companies, Inc. + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael Jack, LLC + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions, Inc. + Midwest Walls, LLC + Mike Allen Homes, LLC + Minnesota 97.5 FM - KNXR + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + Minuteman Press + MLT Group + Molin Concrete Products Company + Moneycap, LLC representing Family Heritage Products + Montgomery Meadows Development, LLC + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + Mundfrom Builders, Inc. + NAWIC Southeast Minnesota Chapter 346 + Norbord + North Risk Partners, C.O. Brown Division + NRZ Construction & Consulting, LLC + Nuss Truck & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction + Ohly Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted County Public Health + Olmsted Medical Center + On Site Companies + ONB Bank + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella Windows & Doors + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson Well Drilling, Inc. + Pine Island EDA + Pine Island Lumber + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors by French Manufacturing, Inc. + Powers Ventures + Prehn Building Sales, Inc. + Premier Alarm & Security, Inc. + Premier Bank Rochester + Premier Builders of Rochester, Inc. + Prime Time Painting of Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + R. Fleming Construction, Inc. + R.J. Manemann Custom Homes, Inc. + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Millworks, Inc. + Reliable Contractors, Inc. + River City Builders & Millworks, Inc. + Robert Gill Builder, Inc. + Roberts Hamilton + Rochester Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Economic Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Community & Technical College (RCTC) + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities (RPU) + Rochester Public Works + Rochester Ready Mix Concrete Company + Rochester Title & Escrow Company, Inc. + Rochester Towneclub, LLC + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Companies US, Inc. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + S.L. Contracting, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schluter Systems + Schoeppner, Inc. + Schwab LLC + Schwickert's Tecta America, LLC + Scott Berberich Construction, LLC + Seavey Builders, Inc. + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Smith Schafer & Associates, Ltd. + Solar Connection, Inc. + Somerby Golf Community + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Spring Grove EDA + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Steve Gentry Construction, LLC + Stevens Heating, Inc. + Stewart Title + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook of Rochester, Inc. + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Swenke Ims Contracting, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + The Boldt Company + The Design Connection + The Flooring Collective + The Home Depot + The Pinske Edge + The Rescued Room + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Todd Eidem Construction, Inc. + Tom Brogan Heating & Air Conditioning + Tom Kalmes Construction, Inc. + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International + Traditional Wood Builders + Tri Star Insulation + Tri-State Business Machines + Tri-State Insulated Concrete Forms + TSP, Inc. | Architecture, Engineering, Planning + Tulip Tree Studios + Turri Crane Service, Inc. + Two Rivers Habitat for Humanity + U.S. Bank + United Rentals + Val-U-Blinds + Valor Mechanical, Inc. + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes + W.L. Hall Company + WA Insurance + Warners' Stellian Appliance Company, Inc. + Waste Management + Weis Builders, Inc. + Welker Custom Homes, Inc. + Weller Brothers Landscaping + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wendland Utz + Werner Electric + West Bank + West Concord EDA + WHKS & Company + Widseth Smith Nolting + Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

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Page 1: FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

J A N - F E B 2019 Rochester Area Builders, Inc.a publication of

F O U N D A T I O N S

FORTYBELWoCONNECTING. BUILDING. ENGAGING.

RAB

99 North Construction + A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Co., Inc. - North Rochester + ABC Supply Co., Inc. - South Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Aerotek + Al Barker Custom Homes, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + All-Star Basements + Allegra Marketing + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + And More By Kori + Andersen Windows, Inc. + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + B&C Plumbing & Heating, Inc. + Barton Brothers Construction, LLC + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beacon Roofing Supply + Beckley's Office Products + Bell Bank Mortgage + Benike Construction + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + Bob's Construction, Inc. + Bobcat of Rochester + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandon Henderson's Construction Plus, LLC + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + CAPS Kitchen & Bath + Carpet One of Rochester + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications / SpectrumReach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + Chosen Valley Testing, Inc. + Chris Fritsch Custom Homes, LLC + Christian Brothers Cabinets + CHS, Inc. + City of Byron + City of Chatfield + City of Elgin + City of Eyota + City of Kasson + City of Lanesboro + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + CLA + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Compeer Financial + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Country Financial + Countryside Builders, LLC + Craig Swanson Builders, Inc. + Cravath Homes, LLC + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / Custom Communications Inc + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + Dakota Supply Group, Inc. + Dale Gathje Construction, Inc. + Dan Severson Builders, Inc. + Data-Smart Computers, Inc. + David Reiland Building Contractor, LLC + DeGeus Tile & Granite + Derby Construction, LLC + Design Studio B + Destination Building Center + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Family Tradition Flooring + FASTSIGNS + Ferguson Enterprises + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + Ford Metro, Inc. + Foster Construction, Inc. + Foster Klima & Co. + Franklin Energy + Frattalone Companies, Inc. + Gary Kline Roofing, Inc. + Gerhards - The Kitchen & Bath Store + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + Greg Speedling Contracting, Inc. + Greg Wellik Construction + Guaranteed Rate Inc + H&H Company of Rochester, LLC + Haley Comfort Systems + Hallmark Building Supplies, Inc. + Hamilton Plumbing (Merged with B&C) + Hammer Homes Inc + Hanson Construction & Specialty Cabinets, LLC + Harmony EDA + Harmony Insurance Group + Harris Rochester, Inc. + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security Services LLC + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + Hirshfield's Decorating Center + Home Federal Savings Bank + Home Improvement Professionals, Inc. + HomePro Home Inspections, Inc. + Houston County EDA + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + ICC Restoration & Cleaning Services + iHeartMedia + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + International Brotherhood of Electrical Workers Local 343 + J&M Consulting + J.F. Ahern Company + Jaguar Communications + James Hardie Building Products + Jeff Feece Designs + Jeff Hinkle Custom Homes, Inc. + Jim Whiting Nursery & Garden Center, Inc. + Joe Hartert Builders, LLC + Johnson Printing + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Kariel, Inc. + Kendell Doors & Hardware, Inc. + Kenny Sylvester Construction, LLC + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + Kitchens Plus + KLHome Staging, LLC + Knutson Construction Services + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC / KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + Larry Newman Drywall + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + M.P. Kaye Builders, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + Manufacturer's Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + M a s t e r Builders, Inc. + McGough Construction + MDH, Inc. + Med City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Consulting + MedCity Duct Cleaning, LLC + Meier Companies, Inc. + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael Jack, LLC + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions, Inc. + Midwest Walls, LLC + Mike Allen Homes, LLC + Minnesota 97.5 FM - KNXR + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + Minuteman Press + MLT Group + Molin Concrete Products Company + Moneycap, LLC representing Family Heritage Products + Montgomery Meadows Development, LLC + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + Mundfrom Builders, Inc. + NAWIC Southeast Minnesota Chapter 346 + Norbord + North Risk Partners, C.O. Brown Division + NRZ Construction & Consulting, LLC + Nuss Truck & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction + Ohly Law Office + Olmsted County Planning Dept, Enviro Safety Div + O l m s t e d County Public Health + Olmsted Medical Center + On Site Companies + ONB Bank + Otis Custom Homes, LLC + Overhead Door Company of

Olmsted County + Paape Energy Services + Pace International + Palmer Soderberg, Inc. + Paramark Corporation + PC

Applications Consultants, Inc. + Pearson Builders, Inc. + Pella Windows & Doors + Penz Custom Homes, Inc. +

People's Energy Cooperative + Peterson Well Drilling, Inc. + Pine Island EDA + Pine Island

Lumber + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors by French

Manufacturing, Inc. + Powers Ventures + Prehn Building Sales, Inc. + Premier Alarm & Security, Inc. + Premier Bank

Rochester + Premier Builders of Rochester, Inc. + Prime Time Painting of

Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel

+ Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + R. Fleming Construction, Inc. + R.J. Manemann Custom Homes, Inc. + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Millworks, Inc. + Reliable Contractors, Inc. + River City Builders & Millworks, Inc. + Robert Gill Builder, Inc. + Roberts Hamilton + Rochester Area Appraisals, LLC + Rochester

Area Chamber of Commerce + Rochester Area Economic Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Community & Technical College (RCTC) + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities (RPU) + Rochester Public Works + Rochester Ready Mix Concrete Company + Rochester Title & Escrow Company, Inc. + Rochester Towneclub, LLC + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Companies US, Inc. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + S.L. Contracting, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schluter Systems + Schoeppner, Inc. + Schwab LLC + Schwickert's Tecta America, LLC + Scott Berberich Construction, LLC + Seavey Builders, Inc. + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Smith Schafer & Associates, Ltd. + Solar Connection, Inc. + Somerby Golf Community + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Spring Grove EDA + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Steve Gentry Construction, LLC + Stevens Heating, Inc. + Stewart Title + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook of Rochester, Inc. + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Swenke Ims Contracting, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + The Boldt Company + The Design Connection + The Flooring Collective + The Home Depot + The Pinske Edge + The Rescued Room + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Todd Eidem Construction, Inc. + Tom Brogan Heating & Air Conditioning + Tom Kalmes Construction, Inc. + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International + Traditional Wood Builders + Tri Star Insulation + Tri-State Business Machines + Tri-State Insulated Concrete Forms + TSP, Inc. | Architecture, Engineering, Planning + Tulip Tree Studios + Turri Crane Service, Inc. + Two Rivers Habitat for Humanity + U.S. Bank + United Rentals + Val-U-Blinds + Valor Mechanical, Inc. + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes + W.L. Hall Company + WA Insurance + Warners' Stellian Appliance Company, Inc. + Waste Management + Weis Builders, Inc. + Welker Custom Homes, Inc. + Weller Brothers Landscaping + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wendland Utz + Werner Electric + West Bank + West Concord EDA + WHKS & Company +

Widseth Smith Nolting + Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

Page 2: FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

2 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

Page 3: FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 3

Happy 2019! I hope everyone had time to spend with their families and friends over Christmas and New Year’s and are feeling refreshed and recharged as a new year begins. I want to take this time to thank Brian Sheehan for serving as the 2018 President of the Rochester Area Builders. He was a great leader and spokesperson for the association last year.

As I start to settle in to this new role, I want to say thank you to the Board of Directors for allowing me to lead the Rochester Area Builders for the next year. I have had the pleasure of being an active member of the RAB for 16 years. There have been many great leaders since

it was chartered in 1953 and I am looking forward to providing the same leadership as they have over the past 65 years.

Additionally, I want to congratulate Alissa Moe from Cambria for being voted in as the 2019 Vice President of the RAB. She brings great experience and leadership to the Board and will serve the members well this year.

To start off what’s sure to be a great year ahead, I want to recognize and thank all the members of the Board of Directors who accompanied me at the Gift of Life Transplant House on January 8th. We proudly served dinner to the guests and their caregivers with a meal prepared by fellow RAB member Charlie Brannon and his team at Charlies Eatery & Pub. Community involvement is a big part of this association and I look forward to giving back throughout the year.

Next, in anticipation of leading my first General Membership meeting on Tuesday, January 29th at the DoubleTree Hotel, I want to encourage all of our members from the association to put this meeting on your calendars. It will be a great night to network with many builders and we will announce Rochester Area Builders’ annual award winners in the following categories: Distinguished Service Award for Builder and Associate, Cornerstone Award, and Rising Star. We are also excited to host our guest speaker, Cris Gastner. He is the Senior Vice President of Community and Economic Development Associates and will discuss several ways we can positively impact our businesses and our bottom line.

Last, but not least, I want to end this letter with an “ask” that everyone promote our upcoming 40th Annual Home Show on February 8th, 9th, and 10th. Can you believe it’s been 40 years? There is still time to get a booth and be a part of this great event. You don’t want to miss the opportunity to promote your company and share with the membership, along with the general public, what services you can provide for them. I am also excited to share that as a sponsor of the Rochester Downtown Alliance SocialICE event, we will be participating in the celebration and encouraging attendees to visit the Home Show that same weekend. Our very own 40 Below will be there for FAM JAM on Saturday from 1 to 4pm, helping kids build snow forts and RAB member Jay Burke of Heartwood Homes, has generously built a custom “Party Pergola” for the SocialICE nightly festivities. Later this year, the pergola will be donated to Family Service Rochester and raffled off during Rochesterfest.

In closing, I am excited to see the professional growth of this great organization and its members and am looking forward to making 2019 a memorable year.

Thank you,

Executive Director/Editor John EischenProduction Shelly BahlmannThe Rochester Builders newsletter is the official publication of

Rochester Area Builders, Inc. This newsletter is published and

distributed monthly to its members and others associated with

the building industry. Neither the advertisers, nor RAB will be

responsible or liable for misinformation, misprints, typographical

errors, etc., herein contained.

108 Elton Hills Lane NW Rochester, MN 55901 Phone: 507-282-7698

IndexFEBUARY Calendar ..............................2

Presidents Letter .................................3

Studs, Struts & Stilettos ................... 4

Networking Night ............................... 5

Home Show ....................................... 6

Job Shadowing .................................. 7

GET CONNECTED! ............................. 8

Scholarship Opportunity ................... 9

Press Release- Altra ........................10

Press Release-Retirement ..............11

Rochester Public Works ..................13

NAHB - Eye On Housing ..................15

Elliott Eisenberg .............................. 17

Project Build ....................................18

NAHB - Eye On Housing ..................20

Foundations Ad Opportunity ...........21

NAHB Auto Deal ...............................22

Rochester & Byron Building Permits ....................24

Olmsted Building Permits ...............25

Membership Update .......................26

Build Your Home Tax Free ...............27

Member Rebate Program ...............28

Information from RAB .....................29

NAHB Member Discounts ...............30

Letter from The PresidentJanuary 2019,

Jerry JensenValor Mechanical2019 RAB President

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40thAnnual

Celebrating 40 YearsCelebrating 40 Years

WHILE TRENDS COME AND GO... this is NOT your Grandma’s Home Show!

Celebrating 40 years of home improvements with two floors of exhibitors.

PRESENTED BY $10 per day for Adults | $1 for Youth 7-16 | FREE for under 6

Sat: Students show their School ID for free admission 1PM-3PM

For more information visit RochesterAreaBuilders.com |

FEBRUARY 8TH, 9TH, & 10TH Mayo Civic Center

SHOW HOURS: Friday, 2/8 | 3pm - 8pm

Saturday, 2/9 | 9am - 6pmSunday, 2/10 | 11pm - 4pm

Discover new construction career employment

opportunities.

Find out how you can build or remodel to be more

environmentally friendly.

LIMITED SPACE AVAILABLE! CLICK HERE TO REGISTER!

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8 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

Once you have the app, login using your personal credentials, and you can have access immediately.

[email protected]

It can allow RAB members to: • Receive noti�cations from RAB • Access the Member Information Center • Search member listings by company name or rep name • View reps who have chosen to display themselves for members • Call or email a rep right from your phone • Get a map to members’ business location • Update your personal pro�le information • View upcoming events • Register, pay, and check in for events

507-282-7698

You can download the MemberPlus App through the Apple App Store or the Google Play Store.

MemberZone o�ers a FREE mobile information app

Get Connected!

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www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 9

CRITERIA: 1. Applicant must be a resident of Dodge, Fillmore, Goodhue, Houston, Mower, Olmsted, Steele, Wabasha, Winona counties; be recommended by a RAB or BER member; or participated in the RAB Youth Sporting Clay Shoot. 2. Applicant must be accepted by a post-secondary program in a construction related field including technical school, trade school, apprenticeship, or college. 3. Applicant must have a 2.5 or better G.P.A. – High School Transcript Required 4. Applicant must demonstrate financial need. 5. Scholarship will be paid directly to the school.

SCHOLARSHIP OPPORTUNITY

Rochester Area Builders, Inc. is proud to announce their 2019 scholarship program. Either $1000 or $500 non-renewable scholarships are available for graduating high school seniors and college freshman. Scholarships are made available through the Remodelers Council, the Commercial Builders Council, the Builders Exchange of Rochester, and the Youth Sporting Clay Shoot. Scholarships are for attendance in a post-secondary program in a construction-related field including technical school, trade school, apprenticeship, or college. Scholarship recipients will be announced in June 2019. To be eligible for any scholarships, applications must be postmarked by May 3, 2019.

Application can be found HERE.

BUILDERS COUNCILCOMMERCIAL

a d i v i s i o n o f R o c h e s t e r A r e a B u i l d e r s , I n c .

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10 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

Contact: Shawn Hauser | 608-779-3164 | 800-755-0055 | [email protected] | 1700 Oak Forest Drive, Onalaska, WI 54650

ALTRA FEDERAL CREDIT UNION UNVEILS STATE OF THE ART BRANCH WITH GRAND OPENING SPECIALS

January 3, 2019 –Altra Federal Credit Union has opened their newest Rochester location at the corner of 19th St. and West Circle Drive and will feature weekly specials throughout the month beginning January 7, including a chance for members to win $10,000.

“We are excited to open our flagship office in the Rochester community,” said Jolene Vaselaar,Regional Market Manager for Altra Federal Credit Union. “We invite members to visit this innovative branch, meet our friendly staff, explore the technology and take advantage of the grand opening specials.”

Members will have the chance to play “Crack the Vault” for a chance to win a $10,000 grand prize,Visa gift cards and Altra merchandise. Visit the office for complete details.

The office will feature Altra’s Next Generation Smart ATM that can take deposits, make withdrawals, check balances, view account history, transfer funds, conduct loan payments and more. The Smart ATM will be available in the lobby and 24-hour drive-up.

Members will be greeted by a SolutionsSpecialist who is trained in each type of transaction. In addition, members will have access to a kiosk where they can learn more about Altra’s mobile products and services. Wi-Fi and a comfort zone are also available to members.

The office will be staffed with full business and mortgage lending teams as well as retail branch employees. Additionally, the office will include acommunity room for Altra to host financial education seminars.

ABOUT ALTRA

Altra Federal Credit Union is a nationwide, full-service cooperative financial institution with over 103,000 members and $1.5 billion in assets. They currently have 17 locations in seven states. Altra was founded in 1931 and is headquartered in Onalaska, WI. Altra’s two offices in Rochester are located at 123 16th Ave SW and 3833 Cascade Creek Road NW.

To learn more visit www.altra.org.

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Long-time Southern Minnesota Architect David Kane to Retire

Rochester, Minn. — A significant force behind some of southern Minnesota’s recognizable buildings is hanging up his T-square. After 44 years of practice, David Kane is retiring from a long and successful architectural career.

David Kane is noted for his design of buildings such as Olmsted National Bank and the Widseth Smith Nolting office building (formerly Home Design Studio), both on West Circle Drive in Rochester, Minnesota, and the Steele County History Center in Owatonna, Minnesota.

David Kane began his career under the tutelage of his father, Warren Kane, who practiced architecture in Austin, Minnesota. Warren Kane’s design of the Norwest Bank (now Wells Fargo Bank) on North Main Street in Austin is one of the area’s earliest uses of weathered steel, which forms the dramatic cantilevered high roof at the main entry façade.

One of David Kane’s favorite memories of learning from his father was in the early 1970s while he was still in in college. “Dad submitted for two church projects, one in International Falls (competing with 13 other firms) and another in Grand Marais (one of eight firms). The interviews were one or two days apart, so we did a road trip interviewing first at International Falls followed by Grand Marais. Driving down the North Shore after the second interview Dad asked how we did, and I said I thought we got both projects. He laughed and said, ‘No way!’ and that experience would teach me to be more realistic. We got them both!” Warren Kane published an article in the national magazine Our Church on designing small rural churches and was recognized as an expert in church design.

David Kane joined his father’s practice after graduating from the University of Minnesota with a Bachelor of Science in Architecture and Environmental Design in 1974. Within less than a year, David Kane found himself at the head of the firm upon his father’s untimely death. He carried on his father’s legacy by providing rural Minnesota with planning and design that was personal, functional, yet reflected a high-quality aesthetic.

He oversaw the growth of the firm under the banners of David Kane Planning and Design, Kane and Cox Architects, and, finally, Kane and Johnson Architects (KJA). The practice expanded to Rochester through the 1988 acquisition of Pieper Richmond Architects as well as into Minneapolis, Minnesota, and Kansas City, Kansas. In 1990, Kane moved from Austin to Rochester and later sold the Austin practice to his business partner.

KJA survived five major recessions between 1978 and 2008, ultimately downsizing and regrouping the practice in Rochester. With its extensive portfolio and solid reputation, KJA was acquired in 2014 by Widseth Smith Nolting (WSN), a firm of 200 employees and eight offices across Minnesota and North Dakota.

Throughout his career, David Kane’s passion has been helping churches accommodate growth and changes in mission. He has designed more than 250 church projects from small renovations, to medium sized additions, to large new buildings. He has designed prominent government, commercial, casino, hospitality, and educational facilities helping clients bring their visions to life.

From his earliest days working with his father to his work with WSN, David Kane has been a driving force leading teams of creative, dedicated designers and completing hundreds of architectural projects.

Widseth Smith Nolting is a multi-discipline firm of more than 200 employees providing engineering, architectural, land surveying, and environmental services. Its offices are located in Alexandria, Bemidji, Brainerd/Baxter, Crookston, East Grand Forks, Forest Lake, and Rochester, Minnesota, and Grand Forks, North Dakota. For more information on the firm, please visit WidsethSmithNolting.com.

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www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 13

There are so many continuing educational opportunities today – it can be hard to find the time to attend them all!

This year, the City of Rochester is taking note and offering our Stormwater Speaker Series on a quarterly basis on topics that are of high importance to being stewards of clean water. As always, our speaker events are free and open to all. Save the following dates on your calendar for the 2019 Stormwater Speaker Series.

2019 Stormwater Speaker Series

February 12 at 7pm: Planning your Rain GardenStephanie Hatzenbihler, Environmental Education Specialist City of Rochester - Public WorksThinking about adding a rain garden to your landscape? It’s never too early to start planning! This class will cover the basics of rain garden functions, the benefits of long rooted and native plants, and the importance of managing stormwater onsite. A photo tour will highlight rain gardens throughout the city, including those installed as part of the Realize Rains Garden Rochester Cost-Share Grant Program.

May 7 at 7pm: Stormwater UpdateTroy Erickson, Water Resources Manager City of Rochester – Public WorksThis is an excellent opportunity to learn about stormwater management in the City of Rochester. We’ll start with the basics of our Municipal Separate Storm Sewer System (MS4) permit and discuss how the City of Rochester took action in 2018 to meet the permit requirements. Then you’ll learn about upcoming projects for the rest of 2019 and will see how the City is adjusting to the updated MS4 permit.

August 8 at 6pm: Resilient YardsMetro Blooms & Blue Thumb ExpertsIs your yard ready and resilient? Weather extremes, from hotter temperatures to more frequent heavy rainfalls are new normal in Minnesota. This workshop provides a framework to understand the importance of resilience and how it can be fostered in your yard through a variety of practices, including planting native plants and how to install your own raingarden.This event is co-sponsored by Olmsted County Soil and Water Conservation District.

November 7 at 7pm: Smart Salting in Rochester!Stephanie Hatzenbihler, Environmental Education Specialist City of Rochester - Public WorksLearn about the City of Rochester’s new “Smart Salting” program and how you can get involved! This introduction session will discuss snow removal techniques and ice management for your home and compare to the methods used by Public Works at the city-wide level. Tips and tricks that you shouldn’t miss will be shared!

The Stormwater Presents Speaker Series is a quarterly program featuring topics related to stormwater management in the City of Rochester. This program is FREE of charge and no registrations are required. All presentations are held in Rochester at Saint Mary’s University of Minnesota - Cascade Meadow (2900 - 19th Street NW). Contact Stephanie at [email protected] or 507-328-2440 with questions.

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14 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

Join us for an educational presentation on Fox Blocks Insulated Concrete Forms in the morning and a product demonstration in the afternoon at Cemstone Supply on Wednesday, March 13th! Lunch provided.

WHEN: March 13, 2019 WHERE: Cemstone Supply 3705 Enterprise Drive SW Rochester, MN 55902

TIME: 9:00 a.m. - 3:30 p.m.

Lunch will be provided

MORNING PRESENTATIONSJohn D. Lee, P.E., LEED APDirector of Business Development Cemstone Products Company

• Build with Strength Campaign

• Building with ICF’s and trends across the country

Brad Scholl, Proposal Development AnalystCemstone Products Company

• Services Cemstone offers for estimating projects

DAYS SCHEDULE

RSVP BY: March 6, 2019

RSVP TO: Chad Grande 507.252.1129 [email protected]

DELIVERED WHERE YOU WANT IT. WHEN YOU WANT IT.

AFTERNOON PRESENTATION Darryl Ulrich, Regional Sales ManagerFox Blocks

• Fox Blocks Product line-up

• Benefits of building with Fox Blocks

• Hands-on Fox Blocks demonstration

ICF TECHNOLOGY SEMINAR & INSTALLER TRAINING

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November 30-Year Mortgage Rate Data

BY DANUSHKA NANAYAKKARA-SKILLINGTON on JANUARY 10, 2019

Information compiled by Freddie Mac shows that mortgage rates continued to increase in the fall. The 30-year FRM – Commitment rate, inched up by four basis points to 4.87 percent from 4.83 percent in October. With the November increase, the 30-year FRM – Commitment rate, was at the highest level since February 2011. As a result of rising home costs, builder confidence in the market for newly-built single-family homes fell four points to 56 in December and affordability was at the lowest level in a decade.

The Federal Housing Finance Agency reported that the contract rate for newly-built homes, inched up 10 basis points to 4.77 percent in November. Mortgage rates on purchases of newly built homes (MIRS) increased by 11 basis points over the month of November to 4.86 percent.

After increasing the federal funds rate to 2.25 percent to 2.50 percent at the December Federal Open Market Committee meeting, the Fed remains cautiously on track to continue its gradual approach to raising interest rates with one or two possible rate hikes in 2019.

Moreover, the 10-year Treasury rate fell from above 3.21% at the start of November to 2.7% at the start of January. This decline will reduce mortgage interest rates. The average market rate, according to Freddie Mac, was 4.51% at the start of January.

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CARE TIPS

WATERSUNLIGHTOXYGEN

for GROWING a BusinessTaking care of your business is a lot like keeping plants alive.

Here are a few tips to help your business grow in 2019:

Cultivate and nourish your existing customer base with a diverse mix of marketing.

Shine a light on the areas of your business you need help improving (and hire an expert to get it done right).

Breathe life into your marketing efforts with innovative solutions.

For creative ideas and marketing tools that can help cultivate your growing business, visitwww.TulipTree-Studios.com

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Economic Forecast 2019: Good, But Not as Good as 2018 Elliot Eisenberg, Ph.D

Despite increasing poli t ical uncertainty, a split Congress,

trade concerns, financial-market volatility, and slowing global growth, from an economic perspective, the next 12 months should be decent. The odds of a recession have roughly doubled but remain relatively low – about 25% -- despite being just a few months away from the longest economic recovery in US history. While growth is slowing in all major economies, inflationary pressures are surprisingly tepid. As a result, the Fed will have the luxury of raising rates at a very leisurely pace, and thus hopefully avoid prematurely ending the continuing, albeit slowing, expansion that we will experience in 2019.

A major reason for the slowdown is the fading of fiscal stimulus from tax cuts passed in December 2017 and debt-financed spending increases totaling $400 billion passed in February 2018. Collectively, this should clip GDP by close to half a point. Add to that global slowing, trade concerns, a strengthening dollar, Brexit fears, and other threats -- and GDP growth during the next 12 months should average 2.3%, down from 3.0% in 2018.

D e s p i t e s l o w i n g g r o w t h , unemployment will continue declining from the current rate of 3.7% to 3.5% and maybe as low as 3.4%, rates not seen in more than 50 years! As the labor market tightens, wage

growth should increase in 2019, from 3%/year last year to 3.3%/year and maybe 3.5%/year by year end 2019, a healthy rise. Inflation, as measured by the PCE, the Fed’s favorite measure, looks to flatline at 2% in 2019, while core inflation (which excludes food and energy) will edge up slightly from 1.9% to 2.1% due to rising wages.

Because of the very slow rise in core inflation, the Federal Reserve will raise the federal funds rate from 2.375%, where it is now, to at most 2.875% by year’s end, with a quarter-point rate increase in June and possibly another one in December. 10-year Treasuries will end 2018 at 3.35%, up from the current 2.8%, and the rate on 30-year mortgages will end 2019 no higher than 5.1%.

As for housing starts, the combination of high land costs, rising worker wages and input costs, and the reduced benefits of homeownership resulting from last year’s tax reform should see them increase by no more than 2% to 1.28 million. Single-family starts will likely total 900,000, up from 883,000, while multifamily starts should flatline at about 380,000.

New and existing home sales should both remain largely unchanged in 2019 and end the year at 620,000 and 5.3 million respectively, with mortgage purchase volume rising

by $50 billion due to higher prices. Refinance activity should fall by about $60 billion because of the rise in mortgage rates. Housing inventories will rise slightly, but due to the combination of continued strong household formation and insufficient new home building, home prices will still rise by 4%, less than last year.

In summary, growth in 2019 looks to be slower than what we became accustomed to in 2018. This is attributed to slowing global growth, increasing trade concerns, a growing worker shortage, higher interest rates, and substantially less fiscal stimulus coming from Washington. Although the Fed may raise rates as much as two times next year, strong consumer spending combined with continued employment growth and rising wage growth should keep the economy on track. The chances of a recession, while meaningfully higher than in 2018, remain relatively low. Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at [email protected]. His daily 70-word economics and policy blog can be seen at www.econ70.com.

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18 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

Project Build Minnesota is a state-wide construction workforce enhancement campaign that promotes a positive image of construction as a life-long career choice for young men and women of all races and ethnic backgrounds.

Project Build Minnesota is a movement, a vision and a vehicle to motivate our youth, parents, counselors, teachers, administrators and policy makers to learn more about the many benefits of pursuing a life-long career in the building industry.

Project Build Minnesota was started in 2016 by a coalition of building industry associations who have developed a

Project Build Minnesota represents the entire Minnesota construction and building industry. The movement is designed to foster career choice awareness across all lines of the residential and commercial building industry.

of those who get into construction as a career stay there.

What is the vision?

What is the top goal?

To create a movement to empower young men and women with choices and ensure a steady flow of qualified skilled labor into Minnesota’s construction market.

The goal of Project Build Minnesota is to remind folks that mastering a trade for those that enjoy working with their hands and building things is a smart choice. The industry-

their parents, teachers, and counselors that construction work is a noble, exciting way to build communities and shape people’s lives. Plus, work in the construction industry

>>> PROJECTBUILDMN.ORG

Average wage in construction jobs in mn is

people love the �eld.

$61,000

95%

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www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 19

Big Plans?Let ’s get started!

CLOSINGCOSTSHOME EQUITYLINE OF CREDIT

Contact a Premier Banker for detailsDowntown

507.285.3700Green Meadows

507.285.3820North Broadway

507.285.322337th St & N. Broadway

507.285.3800Offer available at Premier Bank Rochester locations only. Loan to value must be 80% or less. Minimum loan amount $10,000. Maximum loan amount of

$100,000. Loans over $100,000 will require borrower to pay closing costs ranging from $0-$10,000 depending upon loan amount. Interest payments are due monthly with all outstanding principal due at maturity, which will result in a balloon payment at maturity. There is an annual maintenance fee of $25. The interest

rate is a variable rate of interest tied to the Wall Street Journal Prime Rate, with a minimum Annual Percentage Rate (APR) of 4% and maximum (APR) of 21.75%. Not applicable to existing loans. Available for a limited time only and may be withdrawn at the bank’s discretion. NMLS# 411469.

ZERO

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20 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

NAHB 2019 “Priced Out” Estimates

BY NA ZHAO on JANUARY 8, 2019

NAHB recently updated its priced out estimates for 2019. The new estimates show that, if the median U.S. new home price goes up by $1,000, 127,560 households would be priced out of the housing market nationwide. In other words, based on their incomes, 127,560 households would be able to qualify for a mortgage to purchase the home before the price increase, but not afterward.

The number of priced out households varies across both states and metropolitan areas, largely affected by the sizes of local population and the affordability of new homes. Among all the states, Texas registered the largest priced out effects that a $1,000 home price increase could push 11,152 households out of the market, followed by California (9,897), and Ohio (7,341).

The metropolitan area with the largest priced out effect, in terms of absolute numbers, is Chicago-Naper-ville-Elgin, IL-IN-WI, where 4,598 households are squeezed out of the market for a new median-priced home if price increases by $1,000. This is largely because Chicago is a populous metropolitan area with a large number of households; and, compared to the largest metropolitan areas on the East and West costs, the median priced home is more affordable to begin with. Around 26% of households there are capable of buying new median-priced homes. For similar reasons, Houston-The Woodlands-Sugar Land, TX metro area, where nearly 32% of households can afford median-priced new homes.to begin with, registered the second largest number of priced out households (3,622). In New York-Newark-Jersey City, NY-NJ-PA, 3,613 households are squeezed out of the housing market for a new median-priced home if price increases by $1,000. Compared to Chicago or Houston, the median-priced new home is affordable to a smaller share of the households in New York, but New York is the largest metro area by population size with over 7 million households.

NAHB 2019 priced-out estimates also present how interest rates affect the number of households would be priced out of the new home market. Around 1 million household could no longer afford buying median-priced new homes as a result of mortgage rates increase from 4.85% to 5.1% nationwide.

More details, including priced out estimates for every state and over 300 metropolitan areas, and a description of the underlying methodology, are available in the full study .

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www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 21

Newsletter Advertising RatesFull color 1/2 Horizontal

Full color Full Page

Full Color Full Page Press Release

Payment options:

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The Rochester Area Builders Newsletter is an unbeatable opportunity to advertise to members and individuals associated with RAB. It is a source of valuable association and industry information, and is published and emailed monthly. Foundations is sent to over 900 connected industry professionals. The sizes of ads are listed under Display Ad Dimensions, and prices are located below. Ads may be changed from month to month.

Our prices are for full color ads. We will be glad to work with you to design your ad. Please send digital files for all ad copy, logos, and artwork. We use PC format. We accept Illustrator and Photoshop files (CS1). Convert all fonts to outlines. We also accept the following high resolution file types: .tif, .eps and .pdf (with all graphics and fonts embedded) files. If you have any other formats, please contact us.

ContactRochester Area Builders, Inc.Attn: Shelly Erpelding108 Elton Hills Ln NWRochester, MN 55901

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FEB-MAR 2018 Rochester Area Builders, Inc.a publication of

F O U N D A T I O N S

FORTYBELWoCONNECTING. BUILDING. ENGAGING.

RAB

A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Company, Inc. - Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + J.F. Ahern Co. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + Allied Building Products + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + Andersen Windows, Inc. + Anderson Builders, LLC + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + Atlas Insurance Brokers, LLC + B&C Plumbing & Heating, Inc. + Al Barker Custom Homes, Inc. + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beckley's Office Products + Beetles Bar & Grill, Inc. + Benike Construction + Scott Berberich Construction, LLC + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + By Design Builders, LLC dba Wausau Homes + Byrne Electric, Inc. + City of Byron + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communica-tions/Spectrum Reach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + City of Chatfield + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + Citizens One Home Loans + City of Kasson + Citywide Insulation, Inc. + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construc-tion + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Hardwoods + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeCook Builders, LLC + DeGeus Tile & Granite + Derby Construction, LLC + The Design Connection + Design Studio B + Destination Building Center + Destination Flooring Rochester, LLC + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + DreamMaker Bath & Kitchen + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + City of Elgin + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + Envirolastech, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + City of Eyota + EZ Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece Designs + Ferguson Enterprises + Ferguson Truck & Trailer Sales + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + H&H Company of Rochester, LLC + Habitat for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hamilton Plumbing + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + James Hardie Building Products + Harmony EDA + Harmony Insurance Group + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes, Inc. + Hirshfield's Decorating Center + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomeOnTrack + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston County EDA + Hoyer Construction, LLC + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia + Image Smartz, LLC + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M Consulting + Michael Jack, LLC + Jaguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Kariel, Inc. + M.P. Kaye Builders, Inc. + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + KNXR FM - Minnesota 97.5 + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + City of Lanesboro + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + Maas Companies, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + Manufactur- e r ' s Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, Inc. + MEC Construction, LLC + Med City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Consulting + Meier Companies, Inc. + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions + Midwest Walls, LLC + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + MLT Group + Molin Concrete Products Company + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + Mr. Sandless Floor Refinishing + Mundfrom Builders, Inc. + Larry Newman Drywall + 99 North Construction & Paint + Norbord + North Risk Partners, C.O. Brown Division + Nuss Truck & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction + Ohly Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted

County Public Health + Olmsted Medical Center + Olmsted National Bank + On Site Companies + Original Mechanics, Inc. + Otis Custom

Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer

Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella

Windows & Doors + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson Well

Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + The

Pinske Edge + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors

b y French Mfg, Inc. + Powers Ventures + Precision Signs + Prehn Building Sales, Inc. + Premier Bank Roches-ter + Premier Builders of Rochester, Inc. + Presidio + City of Preston + Prime Time Painting of Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Inc. + RCTC Carpentry Program + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region

Millworks, Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Rochester Area Appraisals, LLC + Roches-ter Area Chamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Restoration & Remediation + Rochester Title & Escrow Company, Inc. + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + RyMark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + Schoeppner, Inc. + Schwab, LLC + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + Dan Severson Builders, Inc. + Nick Severson Construction, LLC + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Sign Here, Inc. + S.L. Contracting, Inc. + Smart Home Innovations & Engineering, Inc. + Smart-HR + Smith Schafer & Associates, Ltd. + Solar Connec-tion, Inc. + Somerby Golf Communi- ty + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Greg Speedling Contracting, Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + City of Spring Valley + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Stevens Heating, Inc. + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook Builders of Rochester, Inc. + Struve's Paint and Decorating + Robert Suk Law Office, PLLC + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Tonna Mechani- cal, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International, Inc. + Traditional Wood Builders + Tri Star Insulation + Tri-State Business Machines, Inc. + Tri-State Insulated Concrete Forms + TSP Architects & Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + United Rentals + The Urban Studio, LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & Remodeling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. Waugh Construction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage East + Wendland Utz + Werner Electric + West Bank + West Concord EDA + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood Sports

Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + Xcel Energy + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

FEB-MAR 2018 Rochester Area Builders, Inc.a publication of

F O U N D A T I O N S

FORTYBELWoCONNECTING. BUILDING. ENGAGING.

RAB

A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Company, Inc. - Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Ag Services, Inc. + J.F. Ahern Co. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + Allied Building Products + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + Andersen Windows, Inc. + Anderson Builders, LLC + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + Atlas Insurance Brokers, LLC + B&C Plumbing & Heating, Inc. + Al Barker Custom Homes, Inc. + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beckley's Office Products + Beetles Bar & Grill, Inc. + Benike Construction + Scott Berberich Construction, LLC + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandrup Builders + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Tom Brogan Heating & Air Conditioning + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + By Design Builders, LLC dba Wausau Homes + Byrne Electric, Inc. + City of Byron + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communica-tions/Spectrum Reach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + City of Chatfield + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + Citizens One Home Loans + City of Kasson + Citywide Insulation, Inc. + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construc-tion + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Hardwoods + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeCook Builders, LLC + DeGeus Tile & Granite + Derby Construction, LLC + The Design Connection + Design Studio B + Destination Building Center + Destination Flooring Rochester, LLC + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + DreamMaker Bath & Kitchen + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + City of Elgin + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + Envirolastech, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + City of Eyota + EZ Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece Designs + Ferguson Enterprises + Ferguson Truck & Trailer Sales + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + H&H Company of Rochester, LLC + Habitat for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hamilton Plumbing + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + James Hardie Building Products + Harmony EDA + Harmony Insurance Group + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes, Inc. + Hirshfield's Decorating Center + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomeOnTrack + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston County EDA + Hoyer Construction, LLC + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia + Image Smartz, LLC + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M Consulting + Michael Jack, LLC + Jaguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Kariel, Inc. + M.P. Kaye Builders, Inc. + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + KNXR FM - Minnesota 97.5 + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC/KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + City of Lanesboro + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + Maas Companies, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + Manufactur- e r ' s Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, Inc. + MEC Construction, LLC + Med City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Consulting + Meier Companies, Inc. + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions + Midwest Walls, LLC + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + MLT Group + Molin Concrete Products Company + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + Mr. Sandless Floor Refinishing + Mundfrom Builders, Inc. + Larry Newman Drywall + 99 North Construction & Paint + Norbord + North Risk Partners, C.O. Brown Division + Nuss Truck & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction + Ohly Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted

County Public Health + Olmsted Medical Center + Olmsted National Bank + On Site Companies + Original Mechanics, Inc. + Otis Custom

Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer

Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella

Windows & Doors + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson Well

Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + The

Pinske Edge + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + PowerLift Doors

b y French Mfg, Inc. + Powers Ventures + Precision Signs + Prehn Building Sales, Inc. + Premier Bank Roches-ter + Premier Builders of Rochester, Inc. + Presidio + City of Preston + Prime Time Painting of Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Inc. + RCTC Carpentry Program + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region

Millworks, Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Rochester Area Appraisals, LLC + Roches-ter Area Chamber of Commerce + Rochester Area Econ. Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Restoration & Remediation + Rochester Title & Escrow Company, Inc. + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + RyMark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + Schoeppner, Inc. + Schwab, LLC + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + Dan Severson Builders, Inc. + Nick Severson Construction, LLC + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Sign Here, Inc. + S.L. Contracting, Inc. + Smart Home Innovations & Engineering, Inc. + Smart-HR + Smith Schafer & Associates, Ltd. + Solar Connec-tion, Inc. + Somerby Golf Communi- ty + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Greg Speedling Contracting, Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + City of Spring Valley + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Stevens Heating, Inc. + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook Builders of Rochester, Inc. + Struve's Paint and Decorating + Robert Suk Law Office, PLLC + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Tonna Mechani- cal, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International, Inc. + Traditional Wood Builders + Tri Star Insulation + Tri-State Business Machines, Inc. + Tri-State Insulated Concrete Forms + TSP Architects & Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + United Rentals + The Urban Studio, LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & Remodeling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. Waugh Construction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage East + Wendland Utz + Werner Electric + West Bank + West Concord EDA + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Company + Widseth Smith Nolting + Wildwood Sports

Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + Xcel Energy + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

2019NewsletterAdvertising

Phone: (507) 282-7698Fax: (507) 282-6351E-Mail: [email protected]

New Member 12 Issues________ $487.50

________ $675.00

Page 22: FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

22 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

We’re in the offering NAHB members up to $1,000 business.

¹Private offer amount varies by model. City Express and Low Cab Forward receive a $250 Offer for both Fleet and Retail deliveries. Fleet deliveries on the Buick Enclave, Chevrolet Traverse, Silverado, Express, Suburban, Tahoe, GMC Acadia, Sierra, Savana, Yukon, XL receive a $1,000 Offer. All other Fleet or Retail deliveries receive a $500 Offer. Valid toward the purchase or lease of eligible new 2017 and 2018 model year vehicles. Offer excludes Chevrolet Bolt, Camaro, SS, Corvette, Sonic, Spark, Trax, Volt, Buick Cascada, LaCrosse, Regal, Verano, and all Cadillac vehicles. Additional GM models may be excluded from time to time at GM’s sole discretion. Customer must take delivery by 1/2/2019. Not compatible with some other offers. Not valid on prior purchases. See dealer for details. 2Offer available to qualified fleet customers through 1/2/2019. Not compatible with some other offers. Take delivery by 1/2/2019. See dealer for details. 3To qualify, vehicle must be used in the day-to-day operations of your business and not solely for personal/non-business-related transportation purposes. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit www.gmbusinesschoice.com. Requires $500 minimum purchase. Cash Allowance will be equal to the amount spent up to $1,200. Not eligible on Associated Accessories from third-party independent suppliers. Not available with some other offers. Take delivery by 1/2/2019. See dealer for details. ©2018 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.

2018 Chevrolet Low Cab Forward 3500HD

2018 GMC Sierra 1500

2018 Chevrolet Silverado 2500HD

2018 Chevrolet Express 2500 Cargo Van

Up to

Private Offer1

$1,000Eligible Accessory Cash Allowance3

Up to

$1,200+ + =National Fleet Purchase

Program (FVX)2

$3,750In Potential Value

$5,950 Up to

USING THE PRIVATE OFFER FOR NAHB MEMBERS IS EASY:1. Get your NAHB Proof of Membership by logging into NAHB.org and obtaining your verification form.

2. Visit your local Chevrolet dealer and mention this Private Offer.3. Select an eligible vehicle(s) to purchase or lease and present your NAHB proof of membership.

For even more value, combine this offer with the National Fleet Purchase Program and Business Choice Offers. For full details on the Private Offer, NAHB members should visit nahb.org/gm.

Example offer for NAHB members who are business owners purchasing a 2018 Chevrolet Express 2500 Cargo Van.

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24 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

DECEMBER 2018

New Residential NUMBER VALUATION

Single Family Attached 0 0

Single Family Detached 3 1,138,000

Existing Residential

Basement Finish 1 41,000

Deck Addition 0 0

ByronBuilding Permits

2018 VALUATION 2017 VALUATION

New Residential Single Family Dwelling 20 6,343,102 23 6,380,379

Townhome Dwelling 5 1,242,738 10 2,442,524

Two-Family Houses 0 0 0 0

Manufactured Home 0 0 0 0

Multi-Family Bldgs (Units) 0 0 0 0 Existing Residential Deck Addition 3 27,380 5 15,235

Room Addition 1 21,000 3 96,000

Porch Additions 0 0 1 34,400

Other Additions 0 0 0 0

Basement Finish 15 191,330 21 362,773

Alterations 27 213,774 24 188,479

Multi-Family Addition 0 0 0 0

Multi-Family Alterations 20 300 10 169,350 New Commercial Assembly (Church) 0 0 0 0

Assembly (General) 0 0 2 475,000

Assembly (Restaurant/Bar) 1 377,768 0 0

Business 6 3,296,200 1 100,000

Education 0 0 0 0

Factory/Industrial 0 0 0 0

Institution 0 0 0 0

Mercantile 0 0 0 0

Miscellaneous 0 0 0 0

Residential (Apartment) 0 0 0 0

Residential (Care/Assisted Living) 0 0 0 0

Residential (Care/Hotel/Motel) 0 0 0 0

Storage (General) 0 0 0 0

Storage (Parking Garage) 0 0 0 0

Storage (Warehouse) 1 20,000 0 0

Utility (General) 0 0 0 0

Utility (Private Garage) 0 0 0 0 Existing CommercialAddition 2 8,870,297 2 12,503,688

Alterations 20 11,540,040 16 4,753,930

Structural Shell 0 0 1 313,250

“White Box” 0 0 0 0

Interior Demolition Only 1 88,900 1 7,500

Other Phased Permits 0 0 1 1,750,000 Other ConstructionBusiness Signs 10 63,726 5 35,968

Advertising Signs 0 0 0 0

Footings & Foundations 2 195,000 7 N/A

Demolition 0 0 3 0

Rochester Building Permits DECEMBER 2018

Year To Date Statistics 2018 2017 NO. VALUATION NO. VALUATION

Building Permits Issued to Date 2305 587,794,238 2665 524,691,279

Single Family Dwelling 261 79,863,171 335 98,091,382

Multi-Family Buildings Total Units: 1,068 18 183,219,286 22 84,791,339

Trade Permits Issued to Date 10624 139,564,892 9787 111,970,714

Electrical 3884 55,621,448 3084 48,857,056

Electrical (Temp. Service) 273 78,100 384 166,335

Mechanical (HVAC) 2783 42,811,617 2460 27,568,374

Mechanical (Gas Piping) 678 1,403,961 749 1,188,998

Mechanical (Fireplace) 376 1,518,794 424 1,242,584

Mechanical (Hydronic) 191 9,120,034 174 11,406,112

Plumbing 2439 29,010,938 2512 21,541,255

Total Permits YTD 12929 727,359,130 12,452 636,661,993

Information and downloads available at Rochester Building Safety Department’s Website: http://www.rochestermn.gov/departments/building-safety/reports/build-ing-permits

*total may differ as permits may have been voided.

January 13 3 6 19 11 20 25 15 19

February 8 8 20 15 14 19 15 20 16

March 27 24 32 29 28 30 31 44 25

April 25 19 29 39 25 22 33 45 40

May 20 14 22 27 35 19 56 43 28

June 12 26 32 33 47 51 41 52 38

July 23 8 39 39 38 29 44 45 36

August 15 18 38 21 60 33 47 30 31

September 10 19 22 22 23 27 52 35 39

October 14 16 23 34 35 49 25 36 29

November 21 20 22 26 26 23 12 41 21

December 12 16 14 22 27 42 37 33 25

TOTAL 200 191 299 326 369 369 418 429 347

*total may differ as permits may have been voided.

2010 2011 2012 2013 2014 2015 2016 2017 2018

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www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 25

Olmsted County Permits YTD DECEMBER 2018 2018 VALUATION 2017 VALUATIONNew Residential

Single Family-Detached 21 6,346,406 41 11,139,407

Single Family-Attached 6 853,737 2 324,190

Garage 24 1,174,953 19 700,939 Residential

Deck 45 209,828 44 178,885

Addition 12 335,709 11 874,874

Alterations 97 1,134,164 167 2,045,050

Garage Addition 5 177,630 5 115,218

New Commercial/IndustrialRecreational 0 0 0 0

Church/Religious 0 0 1 1,591,400

Industrial/Warehouse 0 0 1 2,823,143

Store/Restaurant 0 0 0 0

Nonresidential Building 1 28,598 0 0

Service/Repair Station 1 1,720,360 0 0

Commercial/IndustrialAddition 0 0 1 132,431Alterations 12 792,660 9 384,780Re-roofing 2 20,648 2 13,100

Other StructuresPool, Retaining Wall, etc. 10 362,182 11 465,076Manufactured Homes 34 0 61 26,692

2018 VALUATION 2017 VALUATION

Miscellaneous PermitsMechanical 181 2,100,780 176 1,454,696Plumbing 106 830,797 113 1,025,386

Total Permits 560 17,457,688 665 23,319,100

Activity Overview

Key Metrics Historical Sparkbars 11-2017 11-2018 Percent Change YTD 2017 YTD 2018 Percent Change

Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

New Listings 352 358 + 1.7% 6,576 - 0.8%

Pending Sales 399 411 + 3.0% 5,762 5,568 - 3.4%

6,630

- 3.8%

Days on Market 61 58 - 4.9% 63 60 - 4.8%

Closed Sales 475 503 + 5.9% 5,674 5,458

+ 9.2%

Avg. Sales Price $202,129 $214,578 + 6.2% $204,933 $219,604 + 7.2%

Median Sales Price $174,125 $190,000 + 9.1% $176,748 $193,000

+ 0.2%

Affordability Index 227 182 - 19.8% 224 179 - 20.1%

Pct. of Orig. Price Received 95.8% 95.6% - 0.2% 96.9% 97.1%

Current as of December 4, 2018. All data from the Southeast Minnesota Association of REALTORS® Multiple Listing Service. Provided by the Minnesota Association of REALTORS®. Report © 2018 ShowingTime. | 2

--

Months Supply 2.5 2.7 + 8.0% -- -- --

Homes for Sale 1,282 1,308 + 2.0% -- --

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

11-2015 11-2016 11-2017 11-2018

Stewartville Oronoco Eyota Marion Quincy

2018 Valuation $305,802 $171,520 $72,690 $160,917 $0

2017 Valuation $719,349 $719,349 $20,000 $352,201 $0

2018 Total Permits 11 12 2 7 0

2017 Total Permits 9 13 1 8 0

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

December 2017 & 2018 Permits

Updated Data unavailable at the time of printing

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26 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

MEMBERSHIP TOTAL: 476RETENTION RATE: 90.5%

As of 11-30-2018

Membership InformationMembership Renewals as of 12/31/18One YearGrand Meadow EDA 2018Kariel, Inc. 2018KIMT - CBS 3 2018Olmsted Medical Center 2018Stonybrook of Rochester, Inc. 2018

Two to Four YearsClayton Thomas Blinds of Rochester

2017

Minuteman Press 2017Real Property Appraisals, LLC 2017Sunbelt Rentals 2017Wobig Construction, LLC 2017Blooming Prairie EDA 2016Dodge County EDA 2016James Hardie Building Products 2016M.P. Kaye Builders, Inc. 2016Spring Grove EDA 2016TLS Companies, LLC 2016West Concord EDA 2016

Five to Nine YearsDunham Associates, Inc. 2013City of Byron 2012Lodermeier's, Inc. 2011

Ten to 19 YearsBobcat of Rochester 2008Cachiaras Building & Remodeling 2008Cambria 2008Cordes Construction 2008On Site Companies 2008Vision Homes 2008XRG Concepts, LLC 2008Your Home Improvement Company

2008

DiNicola & Pestka Appraisals 2007Key Builders, Inc. 2006

20 Years & MoreOlmsted County Planning Dept, Enviro Safety Div

1997

Olmsted County Public Health 1997Rochester Building Safety Department

1994

Rochester Public Works 1994Custom Retaining Walls & Landscaping, Inc.

1988

Tonna Mechanical, Inc. 1988Edel Construction, LLC 1987Rochester Title & Escrow Company, Inc.

1987

Ford Metro, Inc. 1985Curtin Drywall, Inc. 1983Custom Alarm / Custom Communications Inc

1981

DeWitz Home Builders, Inc. 1965

MONTHLY MEMBERSHIP REPORT

NRZ CONSTRUCTION & CONSULTING, LLC11587 County 2

Stewartville, MN 55976Phone: 507-281-8004Contact: Nahor Sindt

Builder MemberResidential Builder

WE WELCOME THE FOLLOWING NEW MEMBERS IN JANUARY

MONTGOMERY MEADOWS

DEVELOPMENT, LLC6214 14th St NWByron, MN 55920

Phone: 507-315-1500 Contact: Jerry Fischer

Builder MemberDeveloper

NAWIC SOUTHEAST MINNESOTA CHAPTER 3463936 E Frontage Rd, Ste 184

Rochester, MN 55901Phone: 320-223-9459

Contact: Laura SheehanAssociate MemberTrade Association

Page 27: FORTY BEL o W - Microsoft...JAN-FEB 2019 a publication of Rochester Area Builders, Inc. FOUNDATIONS FORTY BEL o W CONNECTING. BUILDING. ENG AGING. R AB 99 North Construction + A&A

www.RochesterAreaBuilders.com FOUNDATIONS January - February 2019 27

President Jerry Jensen, Valor Mechanical, Inc.Vice President Alissa Moe, CambriaSecretary Leslie McGillivray-Rivas, WSB & Associates, Inc.Treasurer Jesse Buhl, MedCity ConsultingPast President Brian Sheehan, Weis Builders, Inc.

Directors Jessie Hanson, Benike Construction

Jennifer Lawver, ERH Developing, Inc. Spencer Holmen, TLS Companies

Tom Leimer, Knutson Construction Kevin Sternberg, Countryside Builders, LLC Joe Langel, Home Federal Luke Stier, Stier Construction

Builders Exchange Council Representatives

Jeremy Wohlfiel, Chair John Honeck, Harris Company, Vice Chair

Katie Herrmann, Kraus-Anderson Construction, Past ChairCommercial Builders Council Hilary Stonelake-Curtis, Dunlap & Seeger ChairDevelopment Council Chair Matt Smith, Elcor Construction, ChairRemodelers Council Chair Becky Holmen, Bright Ideas, ChairNational Life Directors Joe Weis, Weis Builders, Inc.National Directors David Kane, Widseth Smith Nolting, Rep. Levi Kaiser, Alvin E. Benike, Inc.

Todd L Severson, TLS Companies, LLC Steve Buss, Cornerstone Builders & Real Estate, Inc.

Joe Weis,Weis Builders, Inc.

State Directors John McGuine, JM Consulting,

Jean DeWitz, DeWitz Home Builders, Inc. David Pederson, Dunlap & Seeger, Rep. Dan Severson, Dan Severson Builders, Inc.,

Kathy Einck, Maplewood Homes.LLC Tyler Niemeyer, Braun Intertec Corporation

Executive Director John Eischen

[email protected]

Staff Shelly Bahlmann [email protected] Golf Outing, Sporting Clays, Home Show, Directory, Newsletter, RAB Update

Audra Bolduan [email protected]

Marketing, Builders Exchange Trustees, Showcase Committee

Darcy Goplen [email protected]

Rebekah Nielsen [email protected] Ambassadors, Awards, Community Relations,

Education, Membership, Fashion Show, Program, Spike Club, Remodelers Council: Executive & Remodelers Tour, 40 Below

Government & Public Affairs Consultant

Rick Dold [email protected] Government Affairs

TAX FREEBUILD YOUR

HOME IN AUSTIN

Five-Year Property Tax Abatement for New Construction Single-Family

and Multi-Family Homes

August 1, 2016 – December 31, 2019

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28 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com

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30 FOUNDATIONS January - February 2019 www.RochesterAreaBuilders.com