Local building industry booming due to low construction interest - News, Weather, Sports, Toledo, OH

Local building industry booming due to low construction interest rates

New kitchen display at Toledo House and Home Show (Source: WTOL) New kitchen display at Toledo House and Home Show (Source: WTOL)
TOLEDO, OH (WTOL) -

They like to say your dreams can come true at the Home and House Show.

There was no disagreement this weekend at the SeaGate Convention Centre on that dream house.

“A house on the ocean,” said Maureen Thebes.

Sandy Roback agreed.

“It’s on the water,” said Sandy.

The Home Builders Association of Greater Toledo says business is booming and expects to see steady growth because of low construction interest rates.

There could be hikes in the coming year.

Folks are coming to contractors now to get locked in before rates jump.

Then there’s a recent jolt in consumer confidence.

“I think the stock market is doing really well. People, when they see their portfolio is solid and strong it opens up the door to say, ‘I feel more comfortable in going out and purchasing a new house,’” said Josh Doyle of the association.

One of the biggest trends at this year’s show is the smart home.

You can control everything inside with an IPad or phone app.

Everything is programmed into a closet-sized console.

You can control your thermostat, appliances, lighting and security systems, wifi or garage door.

Cost of this begins at $1000.

“I like to say it adds value to your home so whatever you spend with us you’re going to get back even more because the work is done. The wow factor is there. It's done for you,” said Ben Remer of Design Entertainment.

A smart idea for folks building on their future.  

Follow WTOL:  

Download our app here

Copyright 2018 WTOL. All rights reserved.





 

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • Dave & Buster's reopens Friday after Lucas Co. Health Department confirms case of Hepatitis A

    Dave & Buster's reopens Friday after Lucas Co. Health Department confirms case of Hepatitis A

    Friday, April 20 2018 2:13 PM EDT2018-04-20 18:13:50 GMT
    (Source: WTOL)(Source: WTOL)

    A confirmed case of Hepatitis A has been diagnosed to a food handler who works at at Dave and Buster's near the Franklin Park Mall. The Toledo-Lucas County Health Department warns that anyone who consumed any food or drink from the restaurant between March 1 through March 29 has been exposed to the virus and should get tested.  Dave and Busters has set up a phone line for people with questions or concerns at  is 844-344-94-44. Follow WTOL:   Download our app he...

    More >>

    A confirmed case of Hepatitis A has been diagnosed to a food handler who works at at Dave and Buster's near the Franklin Park Mall. The Toledo-Lucas County Health Department warns that anyone who consumed any food or drink from the restaurant between March 1 through March 29 has been exposed to the virus and should get tested.  Dave and Busters has set up a phone line for people with questions or concerns at  is 844-344-94-44. Follow WTOL:   Download our app he...

    More >>
  • Former OSU football coach Earle Bruce dies at 87

    Former OSU football coach Earle Bruce dies at 87

    Friday, April 20 2018 8:31 AM EDT2018-04-20 12:31:56 GMT
    Earle Bruce (Source: Bleacher Report)Earle Bruce (Source: Bleacher Report)
    Earle Bruce (Source: Bleacher Report)Earle Bruce (Source: Bleacher Report)

    Former Ohio State Buckeyes coach Earle Bruce passed away Friday morning at the age of 87, according to ESPN.-

    More >>

    Former Ohio State Buckeyes coach Earle Bruce passed away Friday morning at the age of 87, according to ESPN.-

    More >>
  • Fire destroys north Toledo home

    Fire destroys north Toledo home

    Friday, April 20 2018 6:03 AM EDT2018-04-20 10:03:09 GMT
    (Source: WTOL)(Source: WTOL)

    The homeowner was at work at the time of the fire. 

    More >>

    The homeowner was at work at the time of the fire. 

    More >>
Powered by Frankly