"Fast is fine, but accuracy is everything."

Wyatt Earp

Latest Blogs

  • Quality You Can Count On
  • The Three R's
  • Parade of Homes
  • Good News About Housing Starts!
  • Regnier sees Bank of Blue Valley moving in the right direction

 

 

Quality

 
 


Doing it right the first time saves time and money:

 

We understand that framing is one of the most important stages in the building process. It is our goal to deliver a house that is completed to the highest standard and insure it will be a project you will be proud to put your name on. After all, if the frame of a structure is poorly constructed the rest of the project will be difficult and more costly to build and never be the masterpiece you set out to produce.

 

 


Fogarty Construction

ensures the quality of their work in several ways:

 

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RELIABLE,

RESPONSIBLE,

REASONABLY PRICED

 

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Fall Parade of Homes

2011 Fall Parade of Homes cover 236x300 Fall Parade of Homes

2011 Fall Parade of Homes cover

The Fall Parade of Homes returns to the Kansas City Metropolitan Area  September 29-October 14 and is expected to showcase more than 200 new homes that will be free and open to the public 11 a.m. to 6 p.m.

Today’s market offers a number of reasons to buy a home including affordable prices, low mortgage rates and great new homes.  In addition, innovative materials and construction techniques mean that today’s new homes are built to be much more energy efficient than homes constructed a generation ago. We invite you to come out once again and experience the latest and greatest innovations in new homes.

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Starts in New Home Construction Continue at Positive Pace

Posted on May 30, 2012 “Homes are being built, ground is being broken, and lots are selling as the Home Builders Association reports a 50 percent increase in permit activity over the same four months of 2011,” according to Executive Vice President Sara Corless.  January through April’s permits totaled 915 outpacing 601 last year.  This is the highest four months of activity since 2008 when permits totaled 1,277. /p>

April marks the fourth consecutive month in which starts showed improvement over the same month last year with 277 over 210 in 2011. “Builders reported increased traffic as well as increased sales during April’s Parade of Homes” said Corless.  “Home sale closings in May indicate permit activity will continue into the summer.”

The top four counties ranked by permit numbers are Johnson, Clay, Jackson and Platte, respectively. Of note, Platte County has increased its share of permits year or year from 7 to 12 percent.

View Residential Building Statistics

 

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"...Regnier said he thinks the bank is headed in the right direction. Like other banks in town, Bank of Blue Valley is loaded with deposits, so it has plenty of money to lend. Historically, its specialty has been in residential construction lending, and it’s not changing its focus."

Bob Regnier, CEO of Bank of Blue Valley

 

James Dornbrook

 

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Although many bank analysts say the beleaguered Bank of Blue Valley    faces bleak times, CEO Bob Regnier refuses to lose his bright outlook.

Regnier pointed to the bank’s non-performing loan ratio declining to 2.55 percent, now lower than the 2.79 percent average of his peers. Although the bank lost $13.5 million in 2011 ­— mainly because of loan-loss reserves and write-offs — its core earnings have improved every month for the past 24 months. The bank may have $28.9 million in “other real estate owned” (collateral from bad loans) on the books, but the bank slowly is selling that off and recouping some of that money.

“The problem loan number isn’t the issue for us anymore,” Regnier said. “Now it’s a real estate-owned problem. Those numbers aren’t enormous.”

 

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