Liz Schneider, President, North Coast Building Industry Association

It’s hard to believe that 2019 is coming to a close in a few days.

There have been a lot of positive changes & growth this year in mortgage lending, real estate, and new construction- all have been for the better.

Conforming loan limits for 2020 have been raised to $510400 for single family properties. That equates to a single-family property owner occupied purchase with as little as 5% down as high as $537,000 without any increase in rate for a Jumbo loan! FHA loan limits for 2020 for single family homes in most areas of Northeast Ohio have been raised to $331760- that’s a sale price of $343,000 with the minimum 3.5% down payment FHA requires.

Interest rates have held steady at under 4% for 2019.

The demand for jobs in the skilled trades is rising. If you’re in the market for a new career- consider any of the skilled trades- electrician, plumber, HVAC, carpenters, & plumbers. The Lorain County Joint Vocational School is a great place to contact for classes. A vocational education can offer a satisfying career path and financial gains.

The North Coast Building Industry Association has the Virtual Parade of Homes that’s open 24/7 if a new home is in your future for 2020. Check it out at


If you’re looking for anything related to your home in 2020- come check out the NCBIA Home Show, Saturday, February 29, 2020 at Emerald Event Center in Avon. This is free to attend. “Leap” into Spring!

2019 was also the 75th anniversary of the North Coast Building Industry Association. We celebrated in October at our Birthday Bash attended by current and past members and leaders of the Association.

It has been my pleasure and privilege to share my knowledge of the industry with you in 2019. If you have any ideas of what you’d like to see in this column for 2020- please contact Judie Docs at

I wish all of you a happy and healthy holiday season and a prosperous 2020!

The North Coast Building Industry Association is your local not-for-profit trade association representing member companies involved in all aspects of home building, remodeling, and other aspects of services available to help you in the future.   So, you can see it is for your protection that you use a NCBIA member. If you are unsure that your contractor is a member of the NCBIA or you are looking for a list of NCBIA members, you can visit our website at or call 440-934-1090.   We also have a job posting board (under the Industry tab).

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Homeownership is truly a cornerstone of the American way of life.  North Coast Building Industry – Come Build with Us!