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Nov. 10, 2006

RICH NAPIER OF POWHATAN COUNTY INSTALLED
AS PRESIDENT OF 2007 HOME BUILDERS ASSOCIATION OF VIRGINIA

President of Napier Signature Homes
to Lead Statewide Trade Association


POWHATAN, Va. – Friday, Nov. 10, 2006 – A Richmond-area custom home designer and builder will serve as the 2007 president of the Home Builders Association of Virginia.

The statewide trade association installed Rich Napier, president and co-founder of Napier Signature Homes, at an installation ceremony at the Jefferson Hotel in Richmond on Friday, Nov. 3. Napier along with the other 2007 HBAV officers will serve a one-year term. Mostly recently, Napier served as first vice president and treasurer of the organization.

In his new role, Napier will work closely with his fellow members promote a suitable environment to ensure the vitality of Virginia’s building industry by engaging with the appropriate executive, legislative, and regulatory agencies. HBAV, which celebrated its 50th anniversary this year, includes 17 local chapters throughout the Commonwealth with approximately 5,700 member firms.

“I’m extremely proud to serve as president of the Home Builders Association of Virginia as it begins its 51st year,” said Napier. “The organization’s mission is clear as is my role to help educate elected officials, the public and others on issues like governmental regulation, taxation and smart growth.

“At times on the local and state level in Virginia, there is a big disconnect between economic growth, the jobs created by this growth and the subsequent demand for affordable housing,” Napier added. “Builders don’t create growth. We respond to it. A healthy economy and job growth create demand for housing. As an industry, Virginia’s home builders are prepared to help our communities make sense of these tough issues.”

About Rich Napier
Napier, whose father Oscar founded Napier Realtors ERA ® in 1958, has worked in the real estate business since graduating from the University of Richmond in 1974. He served as president of the family’s real estate firm from 1983-‘89 and served as president of the Richmond Association of Realtors in 1987. His brother Jim is now president of Napier Realtors ERA.

Along with his father and brother, Napier started Napier Signature Homes in 1989. In 2002, he served as president of the Home Builders Association of Richmond, which is a member organization of the HBAV. This made Napier the first person in local history to serve as both the president of the Richmond Association of Realtors and Home Builders Association of Richmond.

About Napier Signature Homes
Napier Signature Homes is an award-winning, custom home designer and builder serving residential clients in western Richmond since 1989. To date, the niche builder has constructed more than 130 custom homes. The company focuses on building six to eight custom homes per year, each one uniquely designed and built around the individual needs and preferences of its future owners.

Napier Signature Homes is an extension of Napier Realtors ERA® founded in 1958. This highly successful real estate company has six offices in the Richmond area. As a privately held company, Napier Signature Homes is based in Powhatan, Va. More information about the company – including virtual tours and photos of its custom homes – are accessible at www.napiersignaturehomes.com.

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Media Contact: Jonathan Rhudy — (804) 897.0763 — jonathan@rhudy.biz