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Home   About Us   Membership   Education   Events   Contact Us           September 15, 2015


 



Final day to nominate for TAB 'Of The Year' awards
TAB
Today is the last day to nominate an individual for the 2015 Texas "Of The Year" awards. In an effort to recognize outstanding contributions to the industry by its members, the Texas Association of Builders will be receiving nominations for:
    J.B. Sandlin Builder of the Year
    Associate of the Year
    Developer of the Year
    Remodeler of the Year
    Philanthropist of the Year
    Local Association Accomplishment of the Year
    Presidential Distinguished Service
The "Of The Year" awards grading is based on state association involvement (50 percent), local association involvement (30 percent), and national association involvement (20 percent). Contributions in these categories are judged on previous years' involvement, as well as current year's activities. Each candidate is judged independently and a final tabulation of the results will determine the winner. The "Association Accomplishment of the Year" and "Distinguished Service" awards will be based upon 2015 contributions and achievements.

All of the forms for nominating deserving members for these awards can be found at TexasBuilders.org. When making nominations, be aware that individuals currently serving as TAB officers are ineligible to receive these awards. The nomination forms should be completed and returned to the Texas Association of Builders, 313 E. 12th Street, Ste. 210, Austin, Texas 78701 by Sept. 15, 2015. A letter of recommendation from the local association Executive Officer must accompany the forms.

These awards will be presented at the TAB Fall Board Meeting and Excellence in Leadership Dinner on Nov. 12, 2015, at the Westin Austin Downtown Hotel in Austin, Texas.
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Builders facing labor shortages in Texas, US
Houston Chronicle
The length and depth of the Great Recession spurred many construction workers to rethink their career choices. Many dropped out and never returned, making it difficult for the industry to find enough skilled workers for the current nationwide building boom, according to the Associated General Contractors of America, which released a report Thursday on current labor trends. The pattern of boom and bust has made construction work less desirable at the same time that demand is growing for new office buildings, schools and government offices, according to the survey of 1,358 construction companies, including 116 in Texas.
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Houston set to replace Chicago as 3rd-largest U.S. city by 2025
Reuters via The Huffington Post
Hidden in the haze of the petrochemical plants and beyond the seemingly endless traffic jams, a Texas city has grown so large that it is poised to pass Chicago as the third biggest in the United States in the next decade. Houston is projected to have population of 2.54 million to 2.7 million by 2025, while Chicago will be at 2.5 million, according to official data from both states provided for their health departments. New York and Los Angeles are safe at one and two respectively.
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Investors snapping up new homes for rentals
CNBC
It was widely deemed a temporary play: Large-scale investors buying thousands of discounted foreclosed properties during the worst of the housing crash and turning them into single-family rentals. When home prices recovered, they would surely sell them for a hefty profit. The housing market is recovering, albeit more slowly than expected. Foreclosure volume is way down and home prices are way up, but these investors are not selling.
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Here's a way to look at how labor shortages hold back recovery — state by state
Builder
More and more data surfaces on the magnitude of the labor shortage challenge. We have another analysis here about the root cause and potential action items related to labor capacity constraints. Here, from Coyne College, is a thorough analysis of where new residential construction has grown the fastest, where demand is highest, where permits are flowing at the greatest rates, and, ultimately, where the red-flags of labor shortages have cropped up with the most urgency.
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Texas senators again at center of shutdown fight
Houston Chronicle
The coming battle over whether to shut down the federal government is all set to be dominated by Texas' two senators in Washington, D.C. In familiar roles for U.S. Sens. John Cornyn and Ted Cruz, they for weeks have been making their case in various interviews why their path is the right one for Republicans who are facing the potential of a second shutdown in nearly as many years.
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Housing is hot: Why it's costing more to buy a home in North Texas
KERA News
Thanks to corporate relocations, more people are moving into North Texas, and that's just one of the reasons housing is getting more expensive; prices are up 10 to 30 percent in some areas. Candace Carlisle covers real estate for the Dallas Business Journal and she takes a look at the market.
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Median rental rates are spiking in Texas and across the US
Houston Chronicle
Texas' rental market is becoming increasingly expensive. There are five Lone Star State cities in a U.S. ranking of rising rents compiled by Zumper, an apartment rental research site that just released its National Rent Report for September, 2015. That's bad news for millennials who can't afford homeownership.
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Lawsuit challenging Denton drilling ordinances is dropped
Fort Worth Star-Telegram
A lawsuit filed by the oil and gas industry hours after Denton voters approved the state’s first ban against hydraulic fracturing has been dismissed. City officials and the Texas Oil and Gas Association announced that state District Judge Sherry Shipman had signed an agreed order to dismiss the suit. In the suit, which was filed the morning after voters approved the ban Nov. 4, the gas association challenged the legality of the ban. It later amended the suit to include the moratorium the city had imposed on drilling as it reworked its entire ordinance.
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Collin County expects $100K budget for Paxton prosecution
Houston Chronicle
Collin County officials expect to budget $100,000 to prosecute Attorney General Ken Paxton, but hope to eventually slash that amount by two-thirds. The county Commissioners Court on Monday evening is expected to discuss how much it will cost to pay the three special prosecutors appointed to try Paxton, who was indicted in July on three felony charges of violating state securities laws.
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Colby Horton, Vice President of Publishing, 469.420.2601
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Caitlin McNeely, Senior Editor, 469.420.2692 
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