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As 2010 comes to a close, the Texas Association of Builders would like to wish its members, partners, and
other industry professionals a safe and happy holiday season. As we reflect on the past year for the profession, we would like to provide the readers of TAB News Briefs a look at the most accessed articles from the year. Our regular publication will resume next Tuesday, Jan. 4, 2011.
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Farmers Insurance, state agree to cut 'excessive' rate hike
Dallas Morning News
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Jan. 12, 2010 issue:Farmers Insurance agreed to scale back a double-digit rate hike for homeowners coverage in Texas. But the company will get to keep millions of dollars it has collected the past six months, even though the state declared those premiums excessive. Farmers, one of the largest insurers in Texas, had proposed a statewide increase of 10 percent in June. The company said the rates were necessary because of
increased property losses and a jump in the cost of reinsurance — which insurers buy to help pay claims after a catastrophic event such as a hurricane.
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Crews try to save endangered San Antonio homes
Lubbock Avalanche Journal
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Jan. 26, 2010 issue: Construction crews moved dirt to shore up a group of houses precariously perched on a crumbling hill in San Antonio as engineers tried to determine why the land below was shifting, causing dozens of homes to evacuate. Gaping crevices, some 15 feet deep, cut across several yards as dirt cascaded into a towering stone retaining wall that nearly split in half. One soil expert said the cause of the landslide
appeared to be the result of poor retaining wall design, and a city official said the nearly 1,000-foot-long wall in the upper-middle class neighborhood of sprawling two-story homes was built without a permit.
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Homeowners want right to sue restored
KVUE-TV
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Jan. 28, 2010 issue: Homeowners from the Hills at Rivermist subdivision in San Antonio told lawmakers they and other Texas home buyers need protection from home builders. They say the re-sale value of their property is badly damaged, even though their homes are fine. They're considering suing the builder to make up the difference. But when Jim Coultress
and many of his neighbors bought their new homes they agreed not to sue. Instead, they promised to use private arbitration to settle future any disputes with the home builder.
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Bonded Builders Warranty Group (BBWG) has provided warranties to Texas builders for over 10 years. Now we
offer A rated Contractors General Liability and Builders Risk insurance through our sister company, Bonded Builders Insurance Services (BBIS). This Protection Plus program is available from local Texas insurance agents. For information on our warranty and insurance programs, contact David Broyles, Vice President, BBIS, 877 219-9519, ext.4368 more
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Spokesman: $51 million verdict in Perry Homes lawsuit is 'jackpot justice'
Associated Press via KHOU-TV
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March 2, 2010 issue: A spokesman for a politically influential Houston home builder is calling a $51 million Tarrant County jury verdict in a
consumer lawsuit against the builder "jackpot justice." Anthony Holm is a spokesman for Perry Homes and major political contributor Bob Perry. Holm calls the award to Robert and Jane Cull of Mansfield "equivalent to every single resident in Texas depositing $2 into the lawyer's bank account" and said it would be appealed.
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Lone Star: Why Texas is doing so much better economically than the rest of the nation
Slate
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April 20, 2010 issue: Once a separate nation, Texas has recently been behaving more like an independent economic republic than a regular state. While it hasn't been immune to the problems
plaguing the nation, the Texas housing market, employment rate, and overall economic growth are relatively strong. Chalk some of this up to accidents of geology and geography. But Texan prosperity also reflects the conscious efforts of a once-parochial place to embrace globalization.
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Construction expert has plan for containing the gulf oil leak, but can't get anybody to listen
The Brownsville Herald
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June 8, 2010 issue: Thousands of ideas have been submitted to BP and the U.S. government for solving the Gulf oil spill crisis, and it's likely the vast majority of them are worthless. But what about those that might actually be feasible — that might actually work? While BP has been actively soliciting suggestions from every quarter, it's not clear
the company is capable of recognizing a good idea if it sees it, considering the sheer volume it has to sift through. Whatever the case, Danny Davis is wondering why he hasn't already been called in to deal with the Gulf catastrophe, the worst oil spill disaster in U.S. history.
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Housing shortage is feared once economy picks up
Syracuse.com
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June 15, 2010 issue: While the nation begins to walk away from the worst housing crash since the Great Depression, it can be hard to believe or accept a housing shortage could now be on its way.
"It is ironic, but there is a growing consensus that there may be a new housing shortage coming," James Gaines, a real estate economist with Texas A&M, told CNN Money. Only 672,000 new homes were started in April, which is less than half of the long-term run rate that's needed in order to keep up with the nation’s population growth.
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As the largest Fleet & Commercial Group of its kind in the Southwest, The Thompson Group has the knowledge, experience and resources to keep your business competitive and profitable. We have the largest selection of trucks, cargo vans and commercial specialty vehicles in Texas. more
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Hang in there, says economist for homebuilders group
Dallas Morning News
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Oct. 19, 2010 issue: Top home building economist David Crowe looked pretty relaxed during his visit to North Texas. Crowe, who was in Grapevine to speak to Texas home builders, was in what's
definitely the strongest housing market in the country. "I don't think I'll get any tomatoes thrown at me today," said Crowe, chief economist with the National Association of Home Builders. "Be thankful you are in Texas and not in Michigan or southern Florida. Your housing market has not suffered nearly as much as many areas of the country."
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Texas Association of Builders announces 2011 officers
TAB
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Oct. 21, 2010 issue: The Texas Association of Builders, in conjunction with the Sunbelt Builders Show™, recently installed its slate of officers for 2011 at their Excellence in Leadership
Dinner at the Gaylord Texan in Grapevine, Texas. Incoming President Randy Bayer served as the 2006 president of the Greater Houston Builders Association, is a past recipient of the Greater Houston Builders Association Custom Builder of the Year award, and serves as a director on the National Association of Home Builders Board of Directors.
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Fort Hood soldier getting 'Extreme Makeover' home
Victoria Advocate
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Dec. 7, 2010 issue: A soldier who was severely wounded in the Nov. 5, 2009, shooting at Fort Hood and his fiancee are getting the house of their dreams, courtesy of the ABC television show
"Extreme Makeover: Home Edition" and an army of volunteers working this week. Staff Sgt. Patrick Zeigler, who returned home from Iraq two weeks prior to the shooting, was hit four times in last year's attack and suffered a nearly fatal wound to his head. Team leader Ty Pennington and designers Leigh Anne Tuohy, Paul DiMeo and Xzibit, will work with local builder Tilson Home Corporation, the Texas Association of Builders and Temple-Inland Inc. to pave a new path for the couple "to embark on a
lifetime of love and happiness."
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2-10 Home Buyers Warranty® (2-10 HBW®) has teamed up with Lockton Risk Services, Inc. offering builders a BRAND NEW General Liability program through 2-10 HBW Risk Solutions. This program offers multiple carriers to provide flexible coverage terms at the best price. Additionally, 2-10 HBW has three Texas-approved structural warranties to meet your needs.
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Unstable soil conditions exist throughout the United States and result in billions of dollars of damage to property each year, more than the damage from earthquakes, hurricanes, and tornadoes combinded.
Water is attracted to clay causing heavied foundations, slabs, lawns, and anything else that gets in its way.
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240 East Renfro Ste. 207
Burleson, TX
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