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Home   About Us   Membership   Education   Events   Contact Us           July 21, 2015


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TAB's 2015-2016 residential construction contracts available Sept. 1
TAB
Available only to builder/remodeler members of the Texas Association of Builders, TAB's updated 2015-2016 contracts package will be available Sept. 1, 2015. Unlike other contracts packages, TAB's package reflects the most recent mandates coming out of the 2015 Texas Legislative Session and case law updates, in addition to a new design-build contract and architect addendum. As always, the package will also be updated to include needed clarifications, various improvements and greater ease of use.

The TAB Contracts subscription is your blueprint for typical construction and remodeling transactions in the State of Texas. The package of contracts and related addenda is a fantastic value and can save you thousands of dollars in legal fees. The subscription includes any needed updates that may occur during the two year cycle.
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Sunbelt Builders Show™ is saving a spot for you
TAB
The registrant numbers keep increasing for the 2015 Sunbelt Builders Show™. The two-day event is slated for July 29-30 at the Gaylord Texan in Grapevine. The Show already announced a sold out trade show floor (270 booths) and has lined up impressive education sessions for its attendees. This year's trade show floor is filled with new ideas, products and topics designed to enhance your business. View the list of exhibitors and conference schedule while registering for the Show today! Don’t miss this opportunity to learn and connect with the state's leaders in the housing industry. Registration starts here.
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Analysis: The center did not hold
The Texas Tribune
Mark P. Jones, a political scientist at Rice University, periodically engages in an exercise that graphically demonstrates the state of Texas politics. Weighing every recorded vote they cast, he charts state and federal legislators from the most liberal to the most conservative. A glance at his latest rankings makes one thing strikingly clear — there is virtually no middle left in Texas politics.
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1st disclosures offer view of 2016 Texas money race
The Texas Tribune
The first major wave of presidential campaign finance disclosures is offering the fullest picture yet of what role Texas, long known for its deep pool of political cash, is playing in the 2016 money race. The takeaways are as numerous as the Republican candidates flocking to the state to fill their campaign coffers. Some are predictable — U.S. Sen. Ted Cruz and former Gov. Rick Perry are leaning heavily on the state for campaign cash — but others are less expected, such as Florida Sen. Marco Rubio's inroads with top donors despite having few ties to the state politically or personally.
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Are more new homes on the horizon? The Commerce Department says yes
Realtor
We need more inventory. That would be the easiest solution to our nation's high-priced housing problem. So the news from the Commerce Department is sounding good: In June 2015, privately owned housing starts rose 9.8 percent above May's numbers. "An increasing level of new construction is the primary way that the housing market will find balance in this surging demand but tight supply environment," says our chief economist Jonathan Smoke. While the report covers permits, starts, and completions, we shouldn't put too much faith in the numbers, says Smoke.
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Houston housing market hits record highs
Houston Chronicle
Buyers closed on more single-family homes in June than in any month on record, defying the recent trend of declining home sales amid falling oil prices and weakening job growth, a new report shows. Houston-area home sales jumped 4.1 percent in June to 7,935 after falling the two previous months and in February, according to a monthly report released Wednesday from the Houston Association of Realtors. The association revised the area's sales decline in May to 6.6 percent from 4.3 percent.
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Abbott's response to Trump is muted
San Antonio Express-News
A pickup headed south on the MoPac expressway on a perfect day sported a homemade message you might not expect in this city with its more-liberal-than-the-rest-of-Texas reputation. Spelled out in blue electrical tape on the back of its cargo trailer was "Texas Needs Trump." It was a morning-drive reminder of the oxygen that Donald Trump is consuming in the presidential race after his month-old declaration that Mexico is sending us rapists and other criminals — and why some Republicans were slow to denounce those remarks.
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PRODUCT SHOWCASE
  Energy savings start with the framing.
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San Antonio's red-hot housing market sizzled in June
San Antonio Business Journal
The San Antonio area experienced its largest increase of home sales in June with 2,925 homes, according to newly released figures by the San Antonio Board of Realtors. This is an 18 percent increase in sales over June 2014 and the largest number of sales in a single month this year. The average sales price rose five percent in June over the same period a year ago to $242,588. The median price edged up six percent to $200,900.
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Apartment demand drives home construction
The Wall Street Journal
U.S. home construction surged in June, driven by demand for the apartments and condominiums that new households tend to favor. Housing starts rose 9.8 percent from a month earlier to a seasonally adjusted annual rate of 1.17 million in June, the Commerce Department said. The gain was driven entirely by construction of multifamily housing units, mostly rental apartments, which rose 29.4 percent. Starts on single-family units, which represent almost two-thirds of the market, dropped 0.9 percent.
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6-digit donations fuel Abbott's eye-popping campaign haul
The Texas Tribune
How did Gov. Greg Abbott raise $8.3 million in nine days, an eye-popping sum even for a vaunted rainmaker? For starters, Abbott benefited from the support of 13 deep-pocketed backers, each of whom cut $250,000 checks to the governor's campaign, according to figures released Thursday. Together, the individuals accounted for four in 10 dollars Abbott raked in from June 22 to June 30.
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Home builders take a 'beating' from lack of labor
CNBC
Single-family home construction fell to a three-month low in June, which is usually the busiest time for homebuilding. Even building permits are not showing signs of robust growth. Builders claim there is good demand, but they complain they're handcuffed by a lack of skilled labor to build new homes. The builders' industry trade group calls the incidence of labor shortages nationwide "surprisingly high," given the fact that homebuilding has barely recovered from its 2008 crash.
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PRODUCT SHOWCASE
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Delegation's members build, share war chests
The Texas Tribune
How a member of Congress raises and spends campaign money can speak volumes. Newly filed federal campaign finance reports telegraph which federal House members are worried about re-election, which are eager to ingratiate themselves to colleagues in Washington and who might be in legal trouble. And for those who hope to oust an incumbent, a fundraising report can reflect not just a capacity to spend money on mail and television advertising — it can also indicate how serious of an organization the candidate is running.
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Houston company offers window to a greener future
Houston Chronicle
Consumers thinking about their wallets as well as their environmental footprint are driving growth in the market for more sustainable building products, including windows. Jeff Ludy of Houston Window Experts, who was at Erich's house last week to check on the installation, said about 60 percent of his customers inquire about energy savings when looking to replace. The trend is likely good news for companies like Houston-based Quanex, which makes energy-efficient window components.
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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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