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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources Feb. 4, 2014

TAB News Briefs
Feb. 4, 2014
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Agriculture, water, school funding top Straus' charges for 2015 session
Lubbock Avalanche-Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Texas House Speaker Joe Straus released a long list of interim charges — issues legislators take an in-depth look at in even-numbered years when they are not in session, outlining an ambitious agenda for the 84th Legislature. The list of interim charges includes issues critical to West Texas, mainly agriculture, water, transportation needs and revising the funding formulas for all public schools, including colleges and universities. More

Texas sees decline in home flips
Austin Business Journal
Fewer Texans flipped houses over the past year, according to a new study by Irvine, Calif.-based RealtyTrac. Over the course of 2013, there were 4,762 single-home flips in the state of Texas — down slightly from the 4,814 flips recorded for 2012. Interesting fact, however, is that the 2012 and 2013 house-flipping numbers represent a marked increase from 2011 — when 1,923 single-family homes were flipped.
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Home building demand heats up on brighter jobs picture
Investor's Business Daily    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The polar vortex may be causing frigid temperatures in parts of the U.S. now, but it shouldn't stop business from heating up for the nation's home builders once they kick off their key spring selling season in the days after Super Bowl Sunday. More

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NAHB applauds passage of Senate flood insurance bill
NAHB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Association of Home Builders applauded Senate passage of the Homeowner Flood Insurance Affordability Act (S. 1926), legislation that would provide relief from soaring flood insurance premium rates for countless home owners across the nation and contains an amendment by Sen. Roy Blunt, R-Mo., that is critical to the health of the remodeling industry. More

Austin approves tighter ADA guidelines for new homes
KXAN-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Austin city council members approved stricter standards for residential single-family and duplex construction. The requirements passed with a 6-1 vote. However, the Home Builders Association of Greater Austin said they have several concerns with the proposed law and call it an intrusion of privacy, not a public safety issue. More

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An economic divide: As Austin's mixed-income neighborhoods disappear, economic opportunities could suffer
Austin American-Statesman (Login may be required)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Gareth and Mary Wilcock bought a home in the Mueller housing development, they weren't thinking about their children's future earning power. They just wanted a better home to raise a family. At the time, Gareth Wilcock said, they lived in a $125,000 house in University Hills that was affordable but didn't have a proper foundation or sewer. So, on a whim, he and Mary, who was pregnant with their first child, stopped in at Mueller to explore. They ended up buying one of the neighborhood's new affordable housing units for $165,000. More

Safety of corrugated steel tubing investigated following fires
KXAS-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For three months, NBC 5 Investigates looked at the safety of flexible gas lines known as CSST, corrugated stainless steel tubing. It's a product used in millions of newer homes and is approved for use in national building codes. But CSST has also been blamed for fires across the country where fire officials and insurance industry investigators have said energy from lightning jumped or arced onto the CSST punching holes in the tubes releasing and igniting gas. More

SBOE gives final approval to new graduation program
Texas Education Agency    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The State Board of Education gave final approval today to the state's new high school graduation program, which gives students added flexibility to follow their academic interests. The Texas Legislature last year created the new 22-credit Foundation High School Program, which allows students to earn performance acknowledgments and four-credit endorsements in specific subjects but left decisions about many details of the plan to the State Board. More

Nolensville sprinkler systems fall victim to freeze
The Tennessean    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kelly McCoy, in Bent Creek subdivision in Nolensville, spent the last two days dealing with a kitchen destroyed by a frozen sprinkler pipe that busted. Her husband was home at the time, which turned out to be a little bit of luck. As water started leaking, then pouring out of the kitchen ceiling lights, he and a neighbor bailed it out. Appliances, floors, food were soaked as wet snow-like insulation fell to the floor along with part of the kitchen ceiling. More

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Houston home builder, Grand View Builders, reports shattered sales numbers and anticipates record-breaking 2014
Businesswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Concurrently with the completion of a healthy and thriving 2013 for the Houston real estate market, Houston-based home builder, Grand View Builders, shattered previous years' sales numbers and sustained rapid growth in 2013. Throughout the past year, the family-owned and operated business also earned recognition from Houston's real estate industry, supported philanthropic efforts and anticipates a prosperous and record-setting 2014. Grand View Builders, though Houston-based, also serves the San Antonio, Austin, Dallas and Fort Worth markets and is the parent company of GVB Custom Homes, SWMJ Construction and new sub-company, Outdoor Oasis, led by president and CEO, Marc Jungers. More

Not all lending pulls back
Housing Wire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Commercial and multifamily mortgage originations are expected to grow to $300 billion in 2014, rising 7 percent from 2013 volumes and will continue to rise to $333 billion in 2016, the latest Mortgage Bankers Association originations suggest. "Early indications are that commercial and multifamily lenders increased originations by 15 percent in 2013," said Jamie Woodwell, MBA's vice president of commercial real estate research. More
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