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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources May 15, 2014

TAB News Briefs
May 15, 2014
TAB Quick Links >    Home     Education     Legislative     Publications     Calendar     Sunbelt Builders Show     Resources
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Sunbelt Builders Show

NAHB: Confidence among US home builders falls to lowest in a year
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Confidence among U.S. home builders dropped in May to the lowest level in a year, showing the residential real estate market may be slow to recover after an unusually harsh winter. The National Association of Home Builders/Wells Fargo builder sentiment gauge fell to 45 this month, the weakest since May 2013, from a revised 46 in April that was lower than initially reported, figures from the Washington-based group showed today. Readings less than 50 mean fewer respondents report good market conditions. The median forecast in a Bloomberg survey called for 49. More

Could Texas 'water crisis' dry up the state's economy?
Dallas Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With everything "bigger in Texas," it can be hard to focus on what the state is lacking. While businesses and residents are flocking to the Lone Star State for factors such as its business climate, low taxes and economic incentives, the issue of Texas' dwindling water supply seems rarely to be an issue. But what has been dubbed a "water crisis" could be the economy's undoing. More

New report: Middle class homebuyers have more choices in Dallas
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With home prices soaring and incomes rising at only modest rates, middle class Americans are having a tougher time affording homeownership. But a new report by finds that things aren't so rough for middle class buyers in Big D. Just over half of the houses for sale in the Dallas area are priced in a range that middle class homebuyers can afford, Trulia says. More

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Discounted Sunbelt registration
TAB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Take advantage of several discounts by registering now for the Sunbelt Builders Show™. The annual event, hosted by the Texas Association of Builders, will be held on July 23 and 24 at the beautiful JW Marriott® San Antonio Hill Country Resort. (TAB meetings begin on July 22 and end at Noon on July 25.) The room block is already over 85 percent full, so make your hotel reservations soon as well.


Housing market: Pockets of hot and cooling
Public Radio East    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Association of Realtors reported that the median price for a home is $191,600, up nearly 9 percent from last year, and a buyer purchasing a similarly-priced home with a 5 percent down payment would need an income of $44,200 to land a mortgage. Here & Now's Jeremy Hobson checks in with two Realtors: Randy Courtney in Arizona and Anthony Graham in north Texas. More

Texas Builders Foundation accepting scholarship applications
TAB    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Texas Builders Foundation is now accepting scholarship applications for the fall 2014 academic semester. The foundation awards student scholarships to individuals enrolled in Texas' technical and trade schools and community colleges and universities that offer construction degrees. More

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10 things that put off potential homebuyers
AOL Real Estate    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As real estate markets continue to recover around the country, buyers are out in full force. Many of today's buyers make judgments about homes within moments of seeing a listing online. They are also more cautious than before the housing crisis. They want to make sure they're buying the best house and for the best amount of money. For sellers, that means giving buyers what they want. Though it's a home first and foremost, it's also an investment. If you're planning to put your house on the market, here are 10 ways you might be turning off potential buyers. More

Bidding wars: Fighting to find a family home
Yahoo News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For many, buying a house is the American dream, but these days, snagging a suitable home has turned into an all-out war in some places, with victory often going to the highest bidder. Experts say housing prices have been steadily increasing and are likely to continue to rise. All the while, interest rates have remained low and new home construction has been lagging, creating a limited supply of available homes. This combination has stirred up a nightmare scenario for many homebuyers and a dream come true for sellers. More

Homebuyers have options with inspection contingency
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In March, 39.4 percent of new listings in the Washington area went under contract within two weeks of hitting the market. With speeds like that, prospective buyers may feel it's impossible to get ahead of the competition without an endless budget or an all-cash offer. One way to make an offer stand out is to waive the inspection contingency. This is really attractive to sellers because it eliminates one possible delay on the way to closing. But buyers need to understand the situation and weigh the consequences of using this tactic. More

  Energy savings start with the framing.
Residential construction in the 21st century is full of challenges. Using Norbord's common sense solutions, you will build faster, save thousands of dollars for each and every house you build, all while meeting or exceeding code. Energy savings start with the framing. Energy savings start with Norbord.

Many homebuyers must wait in limbo — and in rentals
Houston Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With a new job in Meyerland, Jason Dobrolecki decided it was time to move his family from Katy to a neighborhood closer to work. Dobrolecki and his wife hoped to find a house in a neighborhood that was nearby and had good schools, as they planned for their toddler and 10-month-old's education. They put their house on the market and, to their surprise, had a contract within a week. In their suddenly speeded-up housing search, they made offers on multiple properties — at or above list price — but kept losing out to buyers willing to pay more or with all-cash bids. More

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Trending wood species and applications in top kitchen design
Woodworking Network    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Kitchen design trends are changing and incorporating more international flavor than ever before. Here's your chance to find out what kitchen design styles and wood species are currently trending in the U.S. and what type of wood-use applications customers are craving. More

Homebuilder ETF rises above key level as housing reports loom
MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After wallowing below its 200-day moving average last week, the iShares U.S. Home Construction ETF ITB -1.99 percent has rallied back above that key chart level. But some chart watchers see another bearish development: ITB etching a possible head-and-shoulders pattern. More

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Solar decathlon — Innovation in home design
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
One of the truly wonderful events that occur bi-annually in this country is the Solar Decathlon, an educational program of the United States Department of Energy and organized by the National Renewable Energy Laboratory. It was first established in 2002 and in the last several years has expanded to Spain and China. Collegiate teams are challenged to design, build and operate solar-powered houses; the teams compete in the categories of affordability, consumer appeal, design excellence, energy production and maximum efficiency. More

Disappearing designs and relaxing environments lead bathroom remodel trends
PR Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A survey conducted by Geberit revealed that 30 percent of Americans believe the toilet tank is the most unappealing feature of their bathroom, revealing a growing shift towards form over function in bathroom design ahead of National Home Remodeling Month in May. More
TAB News Briefs
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M. Scott Norman, Jr., TAB Executive Director
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