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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources April 10, 2014


TAB News Briefs
April 10, 2014
TAB Quick Links >    Home     Education     Legislative     Publications     Calendar     Sunbelt Builders Show     Resources



Latest NAHB publication lets builders compare financial performance against industry colleagues
National Association of Home Builders    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Cost of Doing Business Study, 2014 Edition, a national study of builders' business practices and financial performance was recently released by BuilderBooks, the publishing arm of National Association of Home Builders. The Cost of Doing Business Study gives builders the opportunity to see which companies earned a profit and how they did it. More



Lt. Governor Dewhurst announces next round of Interim Charges
Office of the Lieutenant Governor David Dewhurst    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Lt. Governor David Dewhurst announced Interim Charges relating to the Senate Committees on Higher Education, Criminal Justice, and State Affairs. "Texas is strong because we not only understand the essential relationship between freedom and opportunity, we govern in a way that cultivates more opportunity, " said Dewhurst. "These charges span a number of key issues, from efforts to further improving the quality of higher education in Texas to assessing the financial health of our state's key retirement funds." More

Excellence under 45 Awards Program Nominations
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Submit a nomination for the Excellence under 45 Awards Program until May 14. The awards recognize young professionals who have committed their time, efforts and careers to the Texas building industry. Link to details and the application.

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Dallas vacancy rate among lowest in nation as home building sits at highest since 2007
PRWeb via Digital Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Dallas area real estate has been in high-demand for the past year, and according to the National Association of Home Builders, the city is among the tightest inventories in the U.S. The association reports the vacancy rate in Dallas is just 1.3 percent, making it the fifth tightest major market in the nation. More

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Texas Housing Hall of Honor Nominations
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Submit a nomination for the 2014 Texas Housing Hall of Honor until June 6. The TAB program celebrates the men and women who have made significant and lasting contributions to the Texas housing industry. Link to details and the application.

2nd home buyers are older, have more money and like warmer climates
Housing Wire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Fannie Mae reports that second home buyers "tend to be older, have higher incomes, and put larger down payments on their second homes than primary residence buyers." We hope you were holding on to something when you read those truly and deeply shocking revelations. There is little comfort in the fact that certain homebuyers are not getting any younger, or no less predictable. More

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Most US homes now affordable for average buyers
AOL Real Estate    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The majority of homes nationwide are more affordable now than they were in the years leading up to the start of the housing bubble, with homebuyers currently spending a smaller share of their incomes on a mortgage than they have historically. Nationwide, roughly two-thirds of homes for sale on Zillow are considered affordable, and in many metro areas, the majority of homes are more affordable now than they have been historically for typical buyers making the area's median income, according to new research from Zillow. More



Scholarship applications available
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The Texas Builders Foundation will accept scholarship applications for the fall 2014 academic semester through June 30. The foundation awards student scholarships to individuals enrolled in Texas' technical and trade schools and community colleges and universities that offer construction degrees. The application is available at TexasBuildersFoundation.org.

With inventory tight, speculative luxury home building heats up
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Some developers are taking a gamble by building multimillion-dollar speculative homes — those that don't have a buyer lined up — in posh areas across the country. After the housing crisis, speculative building came mostly to a halt, but more luxury builders are testing the waters by building on spec once again. More

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Construction spending still on course to regaining its momentum
Market Realist    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The construction spending figure, as released monthly by the Census Bureau, U.S. Department of Commerce, is the dollar value of new construction activity on residential, non-residential, and public projects. Such data is made available in nominal and real dollars. More

3 hurdles that home builders need to overcome in 2014
Motley Fool    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The housing market is regularly cited as a key to economic recovery in the U.S. But with a number of challenges ahead, the nation's homebuilders are having a rough start to 2014. More


Early indicators bolster residential sector's optimism
By Michael J. Berens    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Residential building professionals have high hopes for 2014. Results of a recent survey of 6,680 builders, contractors, remodelers, architects, landscape architects and interior designers found that 90 percent expect continued growth in 2014. Across the board, respondents anticipate higher average revenues per project and a greater number of projects than in 2013, as well as an increase in new project starts. While we won't know for some weeks yet just how well the market performed in the first quarter, early indicators suggest these pros have good reason to be optimistic. More
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