NORTH TEXAS HOME BUILDERS A
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4410 Fairway Boulevard Wichita Falls, TX 76308 P: 940.692.2211 F: 940.692.2214 www.nthba.com
What’s
INSIDE
• Meet Your Members • Parade of Homes Information • Dates to Remember 2020
Special Thanks to our 2020 North Texas Home Builders Association Partners: Gold
Silver
On
Site
Solutions
April 2020
From the President These are amazing times, who would have thought these turn of events in such a short time period could happen. I often wonder about the people who “are of little faith”, live through these times. We can just look at the daily news, step into a Walmart, or take a gander at Facebook. All of these outlets let us know of the hysteria that occurs when people go crazy. However, a person of faith knows these events will pass. All will be back to normal, and politics will once again be the talk of the day. People can go back to worrying about whether their neighbor is going to mow their lawn soon, and such things as that. We at the Home Builder Association have many fellow believers, all who are great builders and professionals who are always willing to donate, and lend a hand. If any one you know needs help, please contact us. With all that being said, The Parade of Homes kickoff dinner is still scheduled for June 11th. We are always monitoring the status of events, and if the Board deems necessary we will reschedule the date. Remember, be smart, stay safe, and KEEP THE FAITH!
HAPPY BIRTHDAY!
Caroline Groves Scott Flinn Allen Moore Rick Belz Tim Butler Ben Young Brandon Litteken Brad Litteken Judy Wachsman
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Thanks for Renewing!
Classic Builders Hughes & Son, LLC J and C Electric Texas Flooring Gallery Union Square Credit Union Union Square Credit Union
Michael Grassi Chad Hughes John Peysen Lane Landes Delinda Dodd Kevin Rhine
2801 Kell East Wichita Falls, TX 76308 Phone (940) 692-5734 Fax (940) 692-0239 tco@wf.net
It’s not a dream home without natural gas.
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Dates to Remember
May 7th – General Membership Meeting (Moved to May 14th - At The Forum) June 11th – Parade of Homes Kickoff Dinner/Fun Night June 12th, 13th, 14th, 17th, 18th, 19th, Parade of Homes June 18th – 20th, NAHB Spring Leadership Meetings Washington, DC July 14th – 17th,TAB's Summer Meetings, Gaylord Texan Grapevine, TX July 15th – 16th, 2020 Sunbelt Builders Show™, Gaylord Texan Grapevine, TX October 20th – 22nd, 2020 NAHB Fall Leadership Meetings Kansas City, MO November 11 – 13, 2020 TAB's Fall Meetings, JW Marriott Austin, TX
On
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Solutions
Locally Owned Roll Off Waste Dumpsters Direct to You!
940-704-7580
Personal Banking | Commercial Banking |Mortgage
FCBTexas.com | 844.322.8392 3
MEET Meet YOUR MEMBERS Your Members April 2020
Cornerstone Building Co.’s mission is providing our clients with the highest quality of workmanship possible. Our success is due to the absolute integrity of our builders and our commitment to work ethic. We are passionate about staying up to date on the latest trends and innovations. Cornerstone Building Co. is a new home construction business incorporated in Texas by Sean Snyder. Between staff and crew, we bring years of experience to the table. As of now, we are involved in brand new whole-home construction. Cornerstone’s pride and personal involvement in our work results in superior quality and superior service. You will find this attitude reflected in everything we do, including our level of responsibility, professionalism and competency. Contact Sean Snyder by calling 940-882-0713 or visit www.cornerstonewf.com.
i The Jacksboro National Bank was chartered on June 30, 1905 and opened for business July 24, 1905 with initial deposits of $9,761. We have maintained the philosophy of local independent ownership along with personal dedicated customer service throughout our 100+ years of existence. We added a location in Bowie in 1998; constructed our new building in Jacksboro at the intersection of US Hwy 281 and State Hwy 148 in 2009; opened a full service Mortgage Department in Wichita Falls in August 2013; and constructed a new facility in Bowie at 213 W. Wise St. in May 2014. Our foundation is centered in our customers (many who have established relationships over 50 years), our employees (who have over 575+ years of experience with many having 25+ years with JNB), and our Board of Directors who have 150+ years of service. Our goal is to provide a complete banking experience for our customers with a dedicated staff delivering personal service to each. Give Klayton, Nicki or Tatum a call today to get started on your financing needs! 4
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Overhead Door Company of Wichita Falls™ is a full-service garage door company serving Wichita Falls and surrounding areas for over 60 years. We provide residential services including garage door repair and installation and also commercial door repair and installation. We are the only distributor of “The Genuine. The Original.” Overhead Door residential and commercial door products. Our company stands behind a brand that has been leaders in the garage door industry since 1921. The founder of Overhead Door also invented the first garage door and garage door opener. Overhead Door Company Of Wichita Falls™ is the first choice when it comes to all your garage door needs. Providing excellence in both products and service for decades to Wichita Falls and the surrounding areas that comes with a The Red Ribbon. Our goal as a company is to provide prompt expert service, repairs, and installation for your garage door and garage door opener needs. When you invite us into your garage, you can rest assured the professionals we send to your home can be completely trusted around your belongings. Our years of experience with needs such as yours will allow us to quickly determine what the issues are, and we only use the best products available when making the necessary repairs or installing new doors and or equipment. Expert garage door service doesn’t have to be hard to find: When you come to Overhead Door Company of Wichita Falls™, you get professional work and quality products – all at an affordable price. Quality products built to last: Serving Wichita Falls since 1951, you can count on us for quality built products that can stand up to the toughest of wear and tear. Schedule your free estimate: Give us a call today to schedule your free estimate. Our professional staff will help you figure out exactly what you need for your home or business. CALL Stephen Norton at Overhead Door of Wichita Falls TODAY at 940-687-3667 or 940-767-7788
703 E. Scott Wichita Falls, TX 76308
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Thanks for Renewing!
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WFISD Superintendent Discusses Building Two Equal High Schools with a $290 Million November 2020 Bond elec�on. WFISD Superintendent Michael Kuhrt spoke to NTHBA Members during the March 5th general membership luncheon. He said, “board members are in agreement two new equal-sized high schools, each costing $142 million to $143 million, would be ideal. Board Members would like to see the facility doors opening in 2024 or 2025. The passing of a school bond in the November 2020 election will again be the determining factor as to whether Wichita Falls Schools become state of the art facilities. Community members must vote “yes” to a school bond totaling $290 million. This decision was made during the February School Board Meeting. Mr. Kurht went into detail on how the district would move forward if the bond passes. The District will close Wichita Falls High School. It will repurpose Rider High School and Hirschi High School as middle A Red-Blue Divide on Home Construction schools with a limited scope of work costing about $1.5 million to $2 million apiece, with move-ins scheduled for 2026. It will simiInsert Picture #1 & # 2 Here larly expand Barwise Middle School at a cost of $1.5 million for greater in 2026. Nearly two-thirds of multifamily construction in the use fourth quarter of 2019 occurred in “blue counties” Hillary that Clinton garnered the2055 mostand votes 2016out election, while A long-range facility plan haswhere been created stretches out until willinbethe carried in 3 phases. nearly the same percentage of single-family home building took place in “red counties” where President Trump won. And momentum for continued single-family and multifamily construction continues in the red counties, according to the latest quarterly NAHB Home Building Geography Index (HBGI). The fourth quarter release of the HBGI examines all the counties in the United States based on the 2016 presidential candidate vote totals and sheds new light on red/blue county home building conditions. Using fourth quarter permit data, NAHB’s HBGI finds: 51% of the U.S. population live in blue counties and 49 percent live in red counties; 61% of high single-family construction occurs in red counties; Phase 1 would xbe the two schools which are detailed below: x 64% of multifamily construction is found in blue counties; x 1: Over the course of 2019, single-family construction expanded at a 1.7% average High school No. rate in red counties, while declining 1.2% in blue counties; and • 363,280 square feet x Multifamily construction posted much faster growth rates in red counties vs. blue • Includes International Program (21% vs. 8%Baccalaureate gain). x
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“The lack of housing supply and inventory is the primary challenge facing housing 7 markets nationwide, and are key factors why the nation is struggling with a housing
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•
Maximum capacity of 1,695 students
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Functional capacity of 1,526 students
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Total estimated project cost of $145.2 million
High school No. 2 •
351,672 square feet
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100 students from high school No. 2 to attend the International Baccalaureate Program at high school No. 1
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1,595 maximum capacity students
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1,426 functional capacity students
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Total estimated project cost of $147.2 million
Phase 2 would be the renovation of Barwise, Rider High School and Hirschi as mentioned previously, and begin the process of renovating and closing down elementary schools after the call for another bond election in 2027. With the current plan, the earliest school closure would be Wichita Falls High School in 2025. Other elementary school closures wouldn’t come until 2028. Kuhrt said, “The bond would add 32 cents to the tax rate, bringing it to $1.47 to fund construction of the two new high schools.
Superintendent Kuhrt mentioned by doing things in 3 phases, there would be no additional cost to citizens for the future bond elections but they would still have to have those bonds approved. Typically, once a bond passes, a district spends one year in a design phase, then two years in a construction phase. With the current construction boom in Texas, that timeline is about six months longer in each phase. However, a district can still hit the three-year mark if it is willing to pay accelerated costs in design and construction, said David Potter of Bundy, Young, Sims & Potter Inc. The WFISD School Board continue to move forward by visiting schools to determine the design and features they would like to see for the new schools in Wichita Falls. Rather than be reactive when the time comes, they will proactive so work can begin as soon as the Bond passes in November. Continues on pg 9
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For many years now we’ve watched and listened to the elected officials, the chamber of commerce, downtown proud and many of the citizens of Wichita Falls work continuously trying to grow our City. Downtown has been revamped with new and innovated businesses, living quarters and entertainment facilities, Lake Wichita revitalization is occurring, the new state of the art CEC Center is preparing students for the workforce and SAFB continues to expand. In order to compete with neighboring metropolitan areas, Wichita Falls needs educational facilities that accommodate today’s way of learning and progress with how educating our youth will be in the future.
You have the choice to shape the future of the WFISD with your vote in November. Please be sure to get out and VOTE!
1920 Elmwood Ave. North OfďŹ ce: 940-720-5211 Wichita Falls, TX 76308-3724 Fax: 940-691-3199
Helping Build Our Community Since 1907
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The Ember Shop
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Member FDIC
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A Red-Blue Divide on Home Construction Insert Picture #1 & # 2 Here Nearly two-thirds of multifamily construction in the fourth quarter of 2019 occurred in “blue counties� where Hillary Clinton garnered the most votes in the 2016 election, while nearly the same percentage of single-family home building took place in “red counties� where President Trump won. And momentum for continued single-family and multifamily construction continues in the red counties, according to the latest quarterly NAHB Home Building Geography Index (HBGI). The fourth quarter release of the HBGI examines all the counties in the United States based on the 2016 presidential candidate vote totals and sheds new light on red/blue county home building conditions. Using fourth quarter permit data, NAHB’s HBGI finds: x x x x x
51% of the U.S. population live in blue counties and 49 percent live in red counties; 61% of single-family construction occurs in red counties; 64% of multifamily construction is found in blue counties; Over the course of 2019, single-family construction expanded at a 1.7% average rate in red counties, while declining 1.2% in blue counties; and Multifamily construction posted much faster growth rates in red counties vs. blue (21% vs. 8% gain).
“The lack of housing supply and inventory is the primary challenge facing housing markets nationwide, and are key factors why the nation is struggling with a housing affordability crisis,� said NAHB Chairman Dean Mon. “This latest HBGI data reveals that red counties are outpacing their peers in blue counties, despite almost two-thirds of apartment construction occurring in blue areas. The analysis highlights the importance of land use rules and development costs in determining the amount of home construction that takes place in communities across the U.S.� “While single-family permits ended the year just slightly positive and multifamily permits registered solid growth, ongoing challenges remain with respect to adding supply in high-growth, high-cost markets,� said NAHBTITLE ChiefCOMPANY Economist Robert Dietz. “The lagging Your title needs handled promptly performance of single-family construction in blue counties, combined with the 2019 (XUHND &LUOFH ‡ :LFKLWD )DOOV 7; declines for home building in large metro suburban areas, highlight this affordability challenge, which is a source of frustration for younger households in high-cost markets.�
LANDMARK
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apartment construction occurring in blue areas. The analysis highlights the importance of land use rules and development costs in determining the amount of home construction that takes place in communities across the U.S.” Continued from pg 10 “While single-family permits ended the year just slightly positive and multifamily permits registered solid growth, ongoing challenges remain with respect to adding supply in high-growth, high-cost markets,” said NAHB Chief Economist Robert Dietz. “The lagging performance of single-family construction in blue counties, combined with the 2019 declines for home building in large metro suburban areas, highlight this affordability challenge, which is a source of frustration for younger households in high-cost markets.” The HBGI is a quarterly measurement of building conditions across the country and uses county-level information about single- and multifamily permits to gauge housing construction growth in various urban and rural regions. Other findings in the fourth quarter HBGI: x
x
x
Single-family construction continues to lag in manufacturing areas, posting a 1.6% decline over the course of 2019, compared to a slight gain for the rest of the nation. Single-family construction is growing the fastest in small metro, outlying areas (small metro suburbs), while it continues to decline in traditional suburbs of large metro areas (1.4% decline) – the worst performing region for single-family. Multifamily construction posted gains in all regions by the end of the year.
BRANDON LITTEKEN VICE PRESIDENT- ALL PLANTS
brandonl@okconcreteco.com
OK CONCRETE CO. The Original Since 1921
CHILDRESS JACKSBORO MEMPHIS OLNEY
940.723.4324
SEYMOUR SHAMROCK VERNON WICHITA FALLS WINDTHORST Commercial/Residential Sales, Service, Installation
OVERHEAD DOOR COMPANY OF WICHITA FALLS 601 Central Freeway East Wichita Falls, Texas 76302
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Phone (940) 767-7788 Fax (940) 687-3677
WINDOWS, DOORS AND MORE!
522 Beverly Drive Wichita Falls, Texas 76309
723-1436
Always Remember to do Business with Association Members! BRYAN WAGGONER
You have the choice to shape the future of the WFISD with your vote in3907 November. Please be sure to get out and VOTE! Kell BoulevarE t WJDIJUB 'BMMT t Texas 76308
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