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Home   About Us   Membership   Education   Events   Contact Us           April 09, 2015

 



Why Texas continues to attract more home buyers
HULIQ
When you add the recent increases in household income and the growth in new homes sales in Texas, you can see why the state continues to attract more home buyers. In fact according to the Texas Homebuyers and Sellers Report released in March 2015, the demand for Texas homes has surpassed the nationwide figures.
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Wanted: Qualified workers, by Texas' construction industry
Texas Public Radio
The construction industry took a hit in March, posting a decrease of 1,000 jobs nationwide. The decline followed a steady increase in construction jobs over the last 14 months. But the national news is not true for Texas, where construction jobs are increasing and 48 percent of firms are still having a hard time filling positions.
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Online hotel and show registration open for 2015 Sunbelt Builders Show™
TAB
Join the Texas Association of Builders as it celebrates the 15th-year of hosting the Sunbelt Builders Show™. The two-day event is slated for July 29-30 at the prestigious Gaylord Texan® Resort and Convention Center in Grapevine, Texas. Don’t miss out on the discounted room rates that are offered for Sunbelt attendees. After doing business on the trade show floor, enjoy the 4.5 acres of indoor gardens, the Paradise Springs Lagoon, Waterslide and Lazy River or unwind at Relache Spa & Salon.

Don't wait, register early and book your hotel rooms before they are gone. A detailed schedule of events can be found on the new Sunbelt Builders Show™ website.

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2 years after West blast, Texas Legislature weighs new regulations
The Dallas Morning News
Two years after a fire and explosion at a West fertilizer plant killed 15 people and injured more than 300, House lawmakers took up bills that would address regulatory breakdowns that contributed to the accident. Backers hope the legislation could prevent future deaths. But they remain wary of chances for approval from a Legislature reluctant to impose greater regulations on businesses.
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7 baby boomer housing trends to watch
U.S. News & World Report
Many baby boomers say they want to retire to the Sunbelt. Most of the rest of us — those who have recently retired or who are planning to retire — want to stay closer to home. But even homebodies expect that they'll likely sell their old suburban home and move to new quarters, which may be less expensive, more comfortable and more appropriate for their new stage of life as retired empty nesters. So whether you're in Sarasota, Florida, Saratoga, New York or Sausalito, California, here are seven ways baby boomers are looking at their retirement home.
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Average home listing price rose in March
Houston Chronicle
The Houston Association of Realtors recently released its snapshot look at the housing market in March. The data reveals that the average listing price of a home in Houston rose to $276,445, a 4.6 percent increase over last year. That means we're on pace to exceed last July's average sales price, according to HAR. The report also shows that 9,489 listings were entered into the Multiple Listing Service last month. That's a housing inventory increase of 621 listings, a 7-percent increase over last year's March.
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Builders begin 2,000-home project near Lake Lewisville
Builder
Fresh on the heels of Centurion's plans to bring 1,800 new homes to Texas' Denton County comes news of Crescent Communities' 500-acre development in Lake Lewisville. Builders including K. Hovnanian Homes and Highland Homes have begun work on the 2,000-home project, with the first model homes opening slated to open in June, reports the Dallas Business Journal's Candace Carlisle. Despite the decline in oil prices and its negative effect on the job market of many Texas metros, North Texas seems somewhat immune.
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Toll battles mount as US states seek cash for ailing roads
Bloomberg
As U.S. states collect record tolls from drivers, political opposition to fee-based highways and bridges is threatening efforts to rebuild crumbling infrastructure. In Texas, supporters of legislation to limit tolls rallied on the capitol steps, waving signs reading "Don't Mess With Texas Public Roads." Connecticut's Republican lawmakers have stymied plans to restore toll roads after three decades without them. In Kentucky, lawmakers aligned with the Tea Party have blocked fees the Democratic governor says are needed to replace an obsolete bridge to Ohio.
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Sellers ask a premium for one-of-a-kind homes
The Wall Street Journal
Amid the growing demand — and prices — for luxury real estate, builders and developers are pushing the architectural envelope with oversize floor plans and lavish amenities. In response, city planners are setting stricter zoning rules to rein in development. But tighter rules typically don't apply to existing homes, which are "grandfathered in." This creates a potential economic upside for some homeowners at resale time. Their homes have bonus features that newer properties may never have. But will buyers pay a premium for uniqueness?
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2 lawmakers criticize Dallas-Houston bullet train
The Dallas Morning News
The Texas Legislature's top two transportation officials criticized a high-speed train planned between Dallas and Houston, whose officials have lauded the project for months. Sen. Robert Nichols, R-Jacksonville, said Texas Central Railway leaders spent too much time talking to officials in the metropolitan endpoints of the line and not enough discussing plans with the rural towns the bullet train will have to run through.
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MMREM chosen to assist Texas in selling state-owned homes
HousingWire
The Texas Department of Housing and Community Affairs selected Matt Martin Real Estate Management to manage the sale of real estate assets acquired by the TDHCA through its housing finance support programs. MMREM was selected for a three-year contract to participate in the program after participating in a thorough "request for proposal" process. During the RFP process, MMREM provided detailed information on its experience in asset disposition, title, closings, property valuations and field services.
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Colby Horton, Vice President of Publishing, 469.420.2601
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Caitlin McNeely, Senior Editor, 469.420.2692 
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