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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources April 5, 2011

Senate budget chief: Long way to go
Austin American-Statesman    Share   Share on FacebookTwitterShare on LinkedinE-mail article
State Senate Finance Chairman Steve Ogden, R-Bryan, said that there is still a lot of work to be done before the upper chamber can take up the budget bills that just cleared the House. The House has pumped out three major budget bills since Thursday: House Bill 1 funds the 2012-13 budget, House Bill 4 cuts spending in the current budget to help address a $4 billion deficit, and House Bill 275 accesses $3.1 billion from the state's rainy day fund to close the remainder of that deficit. More

Texas' clout in Congress rises along with GOP
Texas Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Last year, with Democrats controlling the U.S. House of Representatives, Texas' delegation of Republicans was largely shut out of power. What a difference an election makes. Today, with Republicans now at the helm, Texas has the largest GOP delegation in Congress, and those members have relatively high seniority, spots on key committees and seats at the leadership table — evidence, observers say, of the state's sway inside the Capitol. More

Austin home starts jump 37 percent from fourth quarter
Austin Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail
Austin area home builders commenced 1,430 new home starts in the first quarter this year, or about 37 percent more than in the final three months of 2010. Despite the quarter to quarter increase, the total is about 157 units short of the amount in the first quarter 2010. More

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Government shutdown would impact Texas taxpayers
San Antonio Express News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Congress returns this week to hammer out a compromise spending bill to avert a government shutdown that would impact Texas taxpayers, veterans and tourists at San Antonio's historic missions. Lawmakers have until Friday to extend a stop-gap measure or pass a spending bill to avoid a shutdown like the one in 1995, which lasted 21 days and slowed veterans' services and closed 368 national parks. More

Proposed 20 percent minimum down rule would severely disrupt the housing market
NAHB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A plan unveiled by the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve on March 29 to require a minimum 20 percent down payment for "qualified residential mortgages" would disrupt the fragile housing market and jeopardize the struggling economic recovery, according to NAHB. Along with NAHB, diverse industry and consumer groups and housing finance experts took strong exception to the proposal, pointing out that it could prevent millions of credit-worthy borrowers from buying homes and would be a major setback for the housing industry as it slowly emerges from its worst downturn since the Great Depression. More

Bonded Builders Warranty Group (BBWG) protects you.
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

A look at changing landscape of home building
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Home building isn't dead, but it certainly has some time to think about what it would look like when it revives, perhaps from 2013 to 2015. That's according to John McIlwain, a senior fellow at the Urban Land Institute in Washington, which studies trends in housing and development. McIlwain regularly talks with builders and developers across the country. He expects that when home building once again is flourishing, the big master-planned subdivision that was the face of residential construction for so long won't have disappeared — but it will look different. More

Green builders take root
Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Texas architect LaVerne Williams has been green-minded for decades. After designing one of Houston's first green homes in Alief in 1979, he recalled that in summer, workers from nearby construction sites would drop by his nearly completed project on their lunch hour because it was cooler inside. Since then, many people in Houston have adopted green home building practices, Williams said. More

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Housing bubble continues to haunt Fed
Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail
Shelter costs account for 32 percent of the overall consumer-price index and about 40 percent of core CPI, which excludes volatile food and energy. The tightening rental market, as fewer Americans opt to buy homes, is a key reason why core inflation stopped declining last year and is moving higher. But there is a debate over how shelter costs are calculated and whether rents carry too much weight. More

Green roof industry grows 28.5 percent in 2010
Matter Network via Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The green roof industry grew by 28.5 percent over the course of 2010, up significantly from 16 percent growth recorded in 2009, according to an industry survey. Green Roofs for Healthy Cities conducts an annual industry survey of its members to identify the square footage of green roofs installed each year, in each region of the country. The survey understates the size of the market, since it is not completed by all of the companies that are actively designing and building green roofs. More
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