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Homebuilder sentiment index dips in December
The Associated Press via The Dallas Morning News
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Even a holiday gift from Uncle Sam couldn't brighten the homebuilders' outlook in December. The National Association of Home Builders said its housing market index fell by one point to 16 this month, reflecting concern that job losses and a slow economic recovery will continue to stifle demand for new homes despite the extension of a federal tax credit for buyers.
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JPMorgan Chase to
open homeownership center
The Houston Business Journal
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Houston is one of six markets where JPMorgan Chase & Co. is planning to open a Chase Homeownership Center. The New York banking giant plans to open one center in southeast Houston at 11550 Fuqua St. by March 31.
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New jobless benefit claims rise unexpectedly
The Associated Press via The Fort Worth Star-Telegram
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he number of newly laid off workers filing claims for unemployment benefits unexpectedly rose last week as the recovery of the
nation's battered labor market proceeds in fits and starts. The Labor Department said that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous week. That was a worse performance than the decline to 465,000 that economists had expected.
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We are a full service turn key flooring company specializing in custom homes in the million dollar range. Our scope of work on this project includes installation of hardwood floors, stone floors, wall tiles and carpet. The projects that we work on are extremely detailed. Our installers are very experienced and can handle the most difficult projects. We use a variety
of vendors so when people come to our beautiful showroom in Southlake, they can be assured to fine the latest trends in all flooring areas. more
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Report: U.S. construction off 9 percent from October
Reuters
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New U.S. construction starts in November dropped 9 percent from October to a seasonally adjusted annual rate of $405 billion, as the weak economy took its toll on funding for for both private and public projects, according to a report by McGraw-Hill Construction.
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Companies cited
for safety violations related to scaffolding collapse
The Austin American-Statesman
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After a six-month investigation, federal regulators have proposed nearly $160,000 in fines against four contractors involved in construction of a West Campus high-rise where three workers fell to their
deaths after a June scaffolding collapse.
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Gift for water utility customers: No rate increases
El Paso Times
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El Pasoans will get a holiday gift in the water utility budgets that are up for final approval. El Paso Water Utilities is not
planning rate increases for its water, sewer and reclaimed-water customers. Fees for the storm water utility will also stay the same.
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Spate of historic zoning cases raises questions about eroding Austin tax base, equity of program
The Austin American-Statesman
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A spate of 25 historic zoning applications at the Austin City Council meeting last week prompted council members to raise questions about the 30 year old program's tax impact. Those cases are up for a final vote today . Council members
say they want to review the program's effect on city finances and figure out whether the landmark designations are spread fairly across the city.
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Engineering for Texas builders since
1964, MLAW provides soils reports, foundation designs, framing plans, wind storm plans, forensic engineering and inspections. www.mlaw-eng.com MORE |
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Texas advocate seeks ban on insurers' blanket clauses
The Dallas Morning News via The Denton Record-Chronicle
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The state's insurance consumer advocate is seeking to eliminate the blanket authority of health and disability insurers to decide what their policies cover, a shift that could have a major impact on health insurance in Texas.
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Bushland explosion linked to pipeline fracture
The Associated Press via The Lubbock Avalanche Journal
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A pipeline will be rerouted from a Texas
Panhandle neighborhood where a fiery Nov. 5 natural gas explosion left three people hurt. El Paso Corp. spokesman Robert Newberry said Thursday that the updated line in the Bushland area will be "400, 600 feet away from any residence."
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Government to award stimulus funds
for broadband
The Associated Press via The Houston Chronicle
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The Obama administration on Thursday will hand out the first $182 million of a $7.2 billion pot of stimulus money that will go toward building high-speed Internet networks and encouraging more Americans to use them.
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Get the latest Texas Association of Builders news as well as information affecting the building industry by visiting www.TexasBuilders.org. For information about Education, Exhibits and Special Events happening at the 2009 Sunbelt Builders
Show™, visit www.SunbeltBuildersShow.com.
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The NAHB University of Housing positions individuals to achieve the highest level of professionalism, participation, leadership and business profitability within the dynamic built environment. Building industry professionals
recognize NAHB as a premier repository of housing knowledge and regularly turn to the association for their continuing education needs.
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Today's homebuyers are making the investment of a lifetime and they want protection in the event their home develops a structural
defect. Today's builders want protection from expensive claims, lawsuits, and liabilities. Don't take a chance on good fortune! Our warranty begins on day one of closing and assumes a builder's liability for major structural defects for the next 10 years. Call StrucSure Home Warranty at 1.877.806.8777 or click here to learn more about how to protect yourself and build buyer confidence with the
best warranty coverage available… FHA approved and HUD accepted.
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Now no matter where you go, your home is within reach. That's because the Schlage LiNK™ System allows you to control access to your house as well as your lighting and air-conditioning from
anywhere on your cell phone or computer. Receive text messages from the lock when someone enters their code at the door, or turn on your lights before you enter your home. You can conserve energy by adjusting your Trane Remote Energy Thermostat, or adjusting your lights all through the easy to use Schlage LiNK™ Interface.
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Proud sponsor of the Texas Association of Builders since 2000.
Providing the highest quality insurance protection to the building industry since 1993.
www.mcg-ins.com
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Elsey & Associates is a full service independent insurance and risk management firm specializing in the construction industry. We are committed to serving the unique needs of all our clients. Helping our clients prepare for risk and prevent uninsured losses during these uncertain times is Elsey's most
important mission.
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TruFlor T&G subflooring
is a great value for today's
smart builders.
Visit www.truflorOSB.com to find out why.
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