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Home   About Us   Membership   Education   Events   Contact Us           December 23, 2014


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At Envoy, we’re committed to working with you to build better homes and better financing.

 
As 2014 comes to a close, TAB would like to wish its members, partners and other industry professionals a safe and happy holiday season. As we reflect on the past year for the industry, we would like to provide the readers of the TAB News Briefs a look at the most accessed articles from the year. Our regular publication will resume Tuesday, Jan. 6.

Texas high court ruling a big win for builders
NAHB
From Jan. 28: The Supreme Court of Texas issued a unanimous opinion very favorable to builders and consumers. Interpreting language found in most commercial general liability insurance policies, the court in Ewing Construction Co., Inc. v. Amerisure Insurance Co. held that the contractual liability exclusion did not bar coverage for faulty workmanship, concluding that a general contractor who agreed to perform construction in a "good and workmanlike manner" did not assume liability for damages arising out of its defective work so as to trigger the contractual liability exclusion.
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U-Haul names top moving destinations: Where does Austin fall?
Austin Business Journal
From April 15: The top moving destination in 2013 for people using U-Haul trucks was Houston, but Austin wasn't far behind. The Phoenix-based truck rental company ranks all cities regardless of size based upon the number of one-way truck rentals. Houston has snagged U-Haul's top spot on the list of top 50 moving destinations for the past five years. There are some surprises, though. Not all of the top destinations were growing Sun Belt cities.
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Freddie Mac: 3 Texas cities dominate housing recovery
Housing Wire
From June 3: The impact of the housing crisis did not hit Texas at the same epic proportions that it did the rest of the nation, skimming by the downturn with only a few cuts and bruises. Now five years after the crisis, the latest Freddie Mac Multi-Indicator Market Index posted that of the four metros in a healthy range, three are in the Lone Star state: San Antonio, Austin and Houston.
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Obama's immigration order will ripple across Texas labor force
Houston Chronicle
From Nov. 27: He worked as a construction finisher, earning $65,000 a year for the Marek Family of Companies. He was a great employee, a family man and the kind of longtime employee no company wants to lose. But Stan Marek, the company's president and CEO, said he had to fire his finisher several years ago when he learned his social security number was false after the employee tried to use his medical insurance.
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Why Austin is unaffordable: Major obstacles to building
Austin American-Statesman
From July 31: Headline stories and political polls all validate the obvious — Austin is expensive. Much of the affordability problem is associated with housing. After all, housing costs are the largest single budget item for all but the most elite. Not that long ago, Austin was one of the most affordable communities in the country. Today, it is the most expensive major city in Texas.
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PRODUCT SHOWCASE
  OUR NEW ONSITE APP HELPS YOU BUILD A BETTER HOUSE
Installing Norbord’s OSB products may seem pretty straightforward to an experienced builder or framer, but mistakes do happen—and they tend to be expensive and time-consuming to fix. So, as a service to our customers and the home building industry, we’re introducing Onsite, the new Norbord app that provides information needed to help prevent mistakes from happening, enabling your people to work effectively with all our OSB products.
 


The US economy may continue to feel lousy, but not if you live in these cities
Yahoo Finance
From June 24: Economic growth in the U.S. has failed to accelerate this year, and instead, forecasters have been lowering their estimates for growth. But you may not know the economy is doing lousy if you live in close to two dozen metropolitan areas that are expected to grow at least 4 percent for the rest of this decade, bringing jobs along with them, according to a study released by the U.S. Conference of Mayors.
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Could Texas 'water crisis' dry up the state's economy?
Dallas Business Journal
From May 15: 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.
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UTSA report: West Texas counties need to prepare for gas boom population growth
Texas Public Radio
From June 24: A new study by UTSA's Institute for Economic Development shows a rapidly-rising economy is in store for the West Texas oil and gas play. The largest oil production in Texas has always been in the Permian Basin, but with new hydraulic fracking technologies, more of the shale plays around the state are starting to get a piece of the pie.
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Home building at historic levels in some cities
USA Today
From Jan. 23: Home building is recovering faster in some cities than in others, just as home prices are. Major cities in Texas are leading the way back in single-family home construction, while Western cities hit hard by foreclosures still lag, research shows.
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Texas housing market ... slows?
Housing Wire
From May 6: In a surprise turn, the almost always fast growing Texas housing market slowed significantly in the first quarter of 2014, while single-family home prices continued to increase and inventory reached a new historic low, according to the first quarter report from the Texas Association of Realtors.
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TAB News Briefs

Colby Horton, Vice President of Publishing, 469.420.2601
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Caitlin McNeely, Senior Editor, 469.420.2692 
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