TAB News Briefs
Apr. 24, 2014

Discounted Sunbelt registration
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 60 percent full, so make your hotel reservations soon as well.More

How the energy industry is draining Austin's pool of blue-collar workers
Austin Business Journal
The technology industry isn't the only sector in Austin struggling to find workers. Construction companies and contractors are also fighting hard to keep their employees in the midst of a construction boom. Here's what Travis Brown, partner at Allensworth and Porter LLP, had to say about the labor shortage and its effect on the construction industry in an interview with Austin Business Journal. More

Homes are selling quickly, so why aren't builders building more?
New single-family homes aren't on the market for long, selling quickly at record prices, according to government data. So why are building rates so low? In addition to credit and construction-cost issues, underlying demand is shaky, economists say.More

New-home building incentive in Bryan
The Bryan City Council approved a program that offers incentives to home builders to build new homes in the Bryan City Limits in order to bring more homes to the area. The agreement for 2014 waives fees for new home construction for homes between 2,200 and 3,000 square feet. The total cost of these fees can be around $1,500. In the past five years, the City of Bryan has issued an average of 27 permits annually for homes built in this target range.More

Texas sees the highs and lows of construction industry in March
San Antonio Business Journal
Talk about a mixed bag. Texas' construction industry boasted an impressive number of gains and losses, according to the March 2014 employment report by Arlington, Va.-based Associated General Contractors. Out of the 51 areas (all 50 states plus the District of Columbia) tracked by AGC, Texas had the dubious honor of losing the most jobs between February and March of this year. More

New-home sales down in March
Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.More

Slower housing sales forecast long-term stability
U.S. News & World Report
Housing is growing slower than it has in past recoveries, but that may be a temporary slowdown rather than an indicator of long-term weakness in the sector, much the same as jobs have been slow to recover because of a lack of confidence in the economy, analysts say.More

4 collection steps that successful construction companies know and employ
By Scott Wolfe
Getting paid in the construction industry is a mess. Construction contracts are riddled with confusing provisions like pay-when-paid clauses or joint check requirements. Yet companies can maintain a degree of control over their receivables and cash flow by implementing and committing to intelligent collection policies. These are the actions and procedures used by a company to collect on an unpaid account. This article examines some elements of these collection policies to help your company create or improve on its own policies. More

Bathtubs are out, big showers are in
Extra shower space allows for multiple shower heads, a built-in seat and designs without shower doors, said John Petrie, president of the National Kitchen and Bath Association, in an email interview about current kitchen and bath trends. They can be designed without a threshold — which look more contemporary and are easier for people to use as they get older.More

Builders and remodelers expect growth despite adjusted forecasts
By Michael J. Berens
Projections are down, but hopes are up. That in a nutshell is the assessment of the current state of the home building and remodeling industries as the books close on the first quarter of 2014. Unusually harsh and prolonged winter weather in much of the country from January to March, along with economic instability, dampened the momentum that the home construction and remodeling industries built up during the second half of 2013. Nonetheless, the arrival of spring has brought signs of new business and renewed optimism that 2014 will yet turn out well. More