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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources March 9, 2010

URGENT: NAHB needs your help to loosen AD&C credit
TAB and NAHB    Share   Share on FacebookTwitterShare on LinkedinE-mail article
In order to get builders the credit that is so desperately lacking, NAHB needs you to submit hard-and-fast, verifiable and credible case studies that can prove that this is a serious problem. The AD&C credit crunch has cut off the flow of credit for the production of housing. NAHB is seeking strong examples of instances where home builders and developers have been unable to obtain acquisition, development and/or construction (AD&C) financing for viable projects or have experienced adverse treatment regarding an outstanding AD&C loan. More



Latest U.S. program pays homeowners to sell at a loss
The New York Times via The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration’s most aggressive attempts to grapple with a problem that has defied solutions. More

Forbes: If one state is a poster child for economic recovery, it's Texas
The Westside Story    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Forbes has ranked Austin as the city best surviving the recession. Austin tied with Washington, D.C. for the number one slot. Four Texas cities made the top 10, including Dallas, San Antonio and Houston. Forbes looked at unemployment, rate of job growth and projections, home prices and cost of goods and services. More

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Are deaths linked to Chinese drywall?
The Associated Press via Manufacturing.net    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. Sen. David Vitter has called for federal officials to do a more thorough review of the deaths of several people who lived in homes that contained smelly, possibly toxic Chinese drywall. Federal officials at the Consumer Product Safety Commission said they have investigated and found no link between the drywall and the deaths of eight people. They said one of the deaths did not even occur in a house with Chinese drywall. More

Ebby Halliday building up to 100 with a week of events for 99th birthday
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It's hard to play down your 99th birthday when you're the Queen Mum of Big D. Ebby Halliday wanted to keep things low-key this year, holding out for a big bash for her centennial on March 9, 2011. "The hundredth is coming up, and that will be enough for both birthdays," she says. More



Despite concern, state economic figures show improvement
The Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Texas job creation and sales tax revenues may be inching in the right direction, experts said Monday, but state budget writers still face a massive shortfall expected to be swelled further by higher-than-projected Medicaid caseloads. More

Texas budget chief: Shortfall at least $11 billion
The Austin American-Statesman Postcards Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Texas' economy seems to have turned a corner, but the improvement won't be enough to avoid a significant shortfall next year, top budget officials said. John Heleman, the comptroller's chief revenue estimator, said Texas is beginning to add jobs, and he expects sales tax collections to pick up later this year. More

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White: No to slots and casinos
The Austin American-Statesman    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Democratic gubernatorial nominee Bill White said that he does not support the legalization of slot machines and does not think Texas should legalize casinos across the state. "I don't think the State of Texas should be promoting gambling and something for nothing," White said during an interview with the American-Statesman. More

Capital One Bank survey finds businesses have mixed economic outlook
The Austin Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A quarterly consumer and business survey conducted by Capital One Bank discovered a mix of economic optimism and doubt among Texans recently. About 46 percent of respondents in the consumer survey said their savings decreased in the past six months, while 42 percent said their financial situation was weaker than a year before. About 84 percent said they were holding off on large purchases for at least six months. More


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Texas officials lobby feds for beefed-up border checkpoints
The Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A year after Texas ports of entry were snubbed in the federal stimulus package, a coalition of border officials lobbied lawmakers Monday to provide $6 billion for infrastructure improvements and more personnel. Texas led all states in trade with Mexico last year, but a General Services Administration report found land ports of entry need repairs. Border mayors and other officials say the government has failed to provide the money for upgrades and staffing. More

McAllen to host state hurricane conference
The McAllen Monitor    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Representatives from the emergency management community, first responders and law enforcement agencies will attend the 2010 Texas Hurricane Conference in McAllen this May. The conference, scheduled from May 17-20, offers attendees a variety of resources to prepare and coordinate responses to catastrophic storms, state Sen. Juan "Chuy" Hinojosa, D-McAllen, announced this week. More

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DFW home sales fell in February, but median price rose
The Fort Worth Star-Telegram    Share    Share on FacebookTwitterShare on LinkedinE-mail article
North Texas home sales in February fell 5 percent from the same month a year ago, but for the eighth straight month the median home price rose compared with a year ago, according to a new report. The median home price was $139,900, up 1.3 percent from February 2009, reported the Real Estate Center at Texas A&M University. The center compiles monthly data from the Multiple Listing Service for its report, which covers a 24-county area including Dallas-Fort Worth. More

Study: Houston hiring to increase in second quarter
The Houston Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Businesses in the Houston-Sugar Land-Baytown area expect to hire at an active pace through the second quarter of 2010, according to a report issued by employment firm Manpower Inc. Milwaukee-based Manpower said 20 percent of the 18,000 companies interviewed plan to hire more employees, while only 7 percent said they planned to reduce their payrolls. More


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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