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National, State & Local Building Industry News 2018: Issue 3
The Next Generation
Millennials Leading the Growth of New Home Buyers
Millennials projected to overtake Baby Boomers as America’s largest generation By Richard Fry
NAHB•ORG
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers. The homeownership rate of millennials—now at 36 percent— registered the largest gains among all age groups in 2017. As the nation’s largest demographic group, more than 70 million millennials are poised to dominate the home buying market in the months and years ahead.
“Millennials are recognizing the benefits of homeownership and are eager to buy their first homes,” said National Association of Home Builders (NAHB) Chairman Randy Noel, a custom home builder from LaPlace, La. “And contrary to conventional wisdom, this generation is in the market for single-family homes in the suburbs as they look ahead to raising their families.” Home builders recognize the changing demographics and the increasing demand for entry-level homes. Yet rising construction costs and limited lot availability create significant challenges to
building smaller, single-family detached homes that are both affordable to first-time buyers and cost-effective for builders. With millennials willing to compromise on space, townhouses are offering a more affordable option for younger buyers ready to purchase their first homes. After experiencing a drop during the Great Recession, the share of new townhome construction has been rising since 2009. According to NAHB analysis of Census data, townhome construction in 2017 was up seven percent from 2016. Millennials also are looking for homes with three bedrooms and two bathrooms, outdoor space, flexible areas that can be used for a variety of purposes and more luxurious finishes, like quartz countertops. Ongoing economic growth and rising wages are expected to continue boosting housing demand throughout 2018. NAHB analysis of the Census Bureau’s Housing Vacancy Survey shows that the number of home owner households increased by 1.5 million in 2017, while the number of renter households declined by 76,000.
Millennials are on the cusp of surpassing Baby Boomers as the nation’s largest living adult generation, according to population projections from the U.S. Census Bureau. As of July 1, 2016 (the latest date for which population estimates are available), Millennials, whom we define as ages 20 to 35 in 2016, numbered 71 million, and Boomers (ages 52 to 70) numbered 74 million. Millennials are expected to overtake Boomers in population in 2019 as their numbers swell to 73 million and Boomers decline to 72 million. Generation X (ages 36 to 51 in 2016) is projected to pass the Boomers in population by 2028. The Millennial generation continues to grow as young immigrants expand its ranks. Boomers – whose generation was defined by the boom in U.S. births following World War II – are aging and their numbers shrinking in size as the number of deaths among them exceeds the number of older immigrants arriving in the country. Because generations are analytical constructs, it takes time for popular and expert consensus to develop as to the precise boundaries that demarcate one generation from another. Pew Research Center has assessed demographic, labor market, attitudinal and behavioral measures and has now established an endpoint – albeit inexact – for the Millennial generation. According to our revised definition, the youngest “Millennial” was born in 1996. source: www.pewresearch.org
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Builders Outlook
2018 Issue 3
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2018 Issue 3
President’s Message
Builders Outlook Edmundo Dena
President, el Paso association of Builders
Whew! What a month: TAB meetings, membership drive and kids playhouse What a month it’s been with all that’s going on at the association. From TaB meetings in austin to the membership direct drive training, the el Paso children’s Hospital Foundation Playhouse and more…yeah, i’d say we’ve been busy. i want to thank our executive team led by TaB executive officer Randy Bowling, Sam Shallenberger, edgar garcia, Sergio cuartas, Ray adauto and Margaret adauto for joining me in austin. i will say that we’ve not had this type of “power” together at a TaB meeting for several years and frankly it made an impression. edgar and Sergio found themselves in the middle of the action in meetings after meetings. The TaB HoMe Pac Top golf outing was fun and i’m here to tell you that i’m looking
forward to doing something like that here at our own Top golf. The things we came away with are many. Know that your Texas association is fighting the good fight, but it will be rough in 2019 as the legislature will be splintered making it harder and more expensive to fight bad legislation. Your dollars to Home Pac are important like never before. We are joining 20 other associations across Texas in May to increase our membership. We are fortunate to have a great relationship with Kate and Rob oliver of Monarch direct drive. They were joined by Texas association executive director Scott norman. our team captains are busy recruiting members to come help with the drive scheduled May 22-24.
look for information and pictures of the Playhouse build. a lot of members to thank. Ray’s got the story in this issue. Just know it took a lot of sweat and more to get this done, by a few strong people. Thanks angelique Roman, Fernie Santana and gus loy. dan Villareal at Foxworth galbraith, and cristina Sheldon at Franklin; cruz lopez at Sherwin Williams. and many more. With all that we are also ready to open the Parade of Homes. i’ll have something to say about that next time. Meanwhile my thanks to our staff, Margaret and Ray. awesome job.
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Executive’s Message Ray Adauto, Executive Vice President EPAB
Builders Outlook
2018 Issue 3
Spring: Busy time at association, projects bloom It’s Spring and that means all things are well underway. The first breath of warm air and a rain shower or two normally greets us, and so does the myriad of event. We had our “winter� meeting for the Texas Association of Builders in Austin. The story on that is on another page in this issue. Because we have our youngest grandkids near by in Cedar Park we visited them for 24 hours. In that time, we caught three “extreme� flag football games watching the kids show off their skills. The youngest is new to American football as he is more attuned to soccer. He’s learning but his helmet is huge, and the shoulder pads add some bulk to his little body. The older one is a whiz in
this sport, tall, lanky, and very fast. He has great hand-eye coordination, going for 70 plus yards for the winning touchdown with zero time left in the game. Football in March. Only in Texas. The TAB meetings were informative and scary. Next year our legislative agenda will be full of work to stop some onerous bills sure to come up and work on getting builder bills passed. It will be a huge challenge. What is most important is that you as a member contribute to HOME Pac so that we have the money to fight the fight and win where we need to. Texas will grow to 50 million people by 2050 according to demographers. That is double
of what it is today, and every city and county will be struggling with population needs. Water, land, transportation, services of all kinds. That will be something to see. For our members it’s a mixed bag because just as sure as the sun rises there will those who don’t want growth and don’t want services anywhere near them. Technology will have to stay up with that growth and the concern is that so will the bad guys who hack that tech. Flying cars? Mission to Mars? Yes, probably both, but let’s start thinking about how we plan to build that world. And how we plan to protect our businesses.
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National Builder News
2018 Issue 3
NAHB Study Shows Steady Gains in Construction Employment, But Levels Remain Below Peak
n A new construction employment analysis from the National Association of Home Builders (NAHB) shows that 9.8 million people worked in construction in 2016, and more than 3.8 million of them worked in residential construction. These numbers reflect modest but steady job gains since 2011, when construction employment bottomed out. However, employment levels remain below the peaks reached during the housing boom in 2006, when more than 11 million worked in construction, and home building employed more than 5 million people. “While it is promising to see that residential construction employment is on the rise, it is still far below where we need to be to meet the increasing demand for housing,” said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. “We will continue to push for programs and policies that address the labor shortage, such as workforce development initiatives and comprehensive immigration reform.” NAHB’s analysis also shows the number of home building jobs across states and congressional districts. California tops the nation in employment of residential construction workers—more than half a million residents worked in home building in 2016. This number is still down significantly from the 2006 peak of 788,000, though. Despite being one of the states most severely affected by the housing downturn, Florida comes in second with 361,000 residential construction workers. Among the states hardest hit by the housing downturn and slowest to recover home building jobs are New Mexico, Nevada and Arizona, which still show job losses of 46, 43, and 41 percent, respectively, compared to 2006. Despite these significant job losses, home building in Nevada and Arizona continues to employ a relatively high share of local workers—more than 3 percent of the employed labor force. NAHB’s analysis indicates that the average congressional district has more than 8,800 residents working in residential construction, but that number is often significantly higher. For example, in Montana’s single congressional district, close to 20,600 residents are in home building. Colorado’s 7th district, which incorporates parts of the DenverAurora metro area, and Florida’s 19th district, which serves an area on the west coast from Fort Myers to Marco Island, come in second and third with more than 18,000 employed in home building. NAHB estimates of residential construction employment by state and congressional district are based on two main sources of data: the American Community Survey from the Census Bureau and the Quarterly Census of Employment and Wages compiled by the Bureau of Labor Statistics. These estimates include self-employed workers, who constitute approximately a quarter of the labor force of the sector.
Builders Outlook
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nahb.org/MA
2018 Issue 3
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Builders Outlook
Economic Forescast
Elliot Eisenberg Economic & Policy Blog
The Age of Austerity Is Over
When the Congressional Budget Office made its June 2017 forecast of our fiscal future, it projected a deficit of $689 billion in FY2019. The deficit is now poised to be $1.2 trillion, a dramatic and profound change that is hard to overstate. One major reason for the growing deficit is that the GOP tax cut that passed in late December is estimated to reduce revenue by $1 trillion over the next decade, even after pro-growth economic effects are factored in. The other reason is the budget deal passed by Congress in early February, includes $300 billion in new spending over two years, along with $90 billion in hurricane relief, fully financed by larger deficits. This is a stark reversal from the years 2010 through 2016, when congressional Republicans insisted on spending cuts and the Obama administration insisted on raising taxes (by allowing some of the Bush administration tax cuts to expire). Those steps, combined with an improving economy, cut the budget deficit from almost 10% of GDP in 2009 to less than 2.5% in 2015. What does this abrupt fiscal change mean for the economy in the near term, medium-term and long-term? In the near term, economic growth should be quite strong. No matter what assumptions are made, and which economic models are used, GDP growth over the next 18 to 24 months will be about half a percentage point higher than it would be absent these twin expansionary policies. After all, between tax cuts and the boost to spending, close to $500 billion is being injected into the US economy over the next year! Even in an economy near full employment, this will boost growth and reduce the likelihood of a recession to a minimum. In the medium-term, things are a bit murkier. The big question is whether the economy has room to grow without generating inflation -- and how the Fed
will respond. With unemployment near 20-year lows, it is unknown how close the economy is to full employment. If it is close, inflation is likely to worsen. But if the US has more growth potential, due to more corporate investment in plant and equipment, reduced regulation, and more workers coming from the ranks of those that dropped out in years past, the Fed could raise rates more slowly, allowing the expansion to run longer because inflation would be subdued. In addition, there is also fear that the Powell Fed will proactively raise rates too fast simply to prove its inflationfighting-chops and needlessly cut short the current expansion. In the long-run, the annual deficit is going to be worse than at any time other than during recessions or wars. This not only reduces the ability of the government to fight the next recession with a big dose of fiscal stimulus, but higher debt service costs are also a concern. And as interest rates rise because of the added borrowing, so too will interest payments. Lastly, there is also concern that government borrowing may “crowd-out” private sector borrowing. To the extent funds that can be borrowed are finite, and that is debatable, every dollar the government borrows is a dollar potentially not available for home mortgages or business expansion. To conclude, in the short run, things look good. In the medium-term, the fear of inflation and the Fed’s ability to let the data speak and not preemptively raise rates unnecessarily will determine how long the current expansion lasts. In the long-run, the government will have less room to maneuver when the next recession hits, and interest payments will consume a growing percentage of the budget, making budget battles on Capitol Hill more contentious and the need to find more revenue increasingly pressing.
Sales of newly built, single-family homes remained virtually unchanged, inching down 0.6 percent in February to a seasonally adjusted annual rate of 618,000 units after upward revisions to the January, December and November reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “New home sales are at a steady level, which is consistent with our measures of solid builder confidence in the housing market,” said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. “As housing demand grows, builders need to manage increasing costs for labor, lots and building materials to keep their homes competitively priced.”
“The recent upward revisions to the sales numbers reflect our forecast for a gradual strengthening of the singlefamily housing sector in 2018,” said NAHB Chief Economist Robert Dietz. “Demographic tailwinds point to higher demand for single-family homes in the months ahead. Combined with solid job market data, we expect more consumers to enter the housing market this year.” The inventory of new home sales for sale was 305,000 in February, which is a 5.9-month supply at the current sales pace. The median sales price of new houses sold was $326,800. Regionally, new home sales rose 19.4 percent in the Northeast and 9 percent in the South. Sales decreased 3.7 percent in the Midwest and 17.6 percent in the West.
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BUILDERS OUTLOOK • EPAB ON THE SCENE Legislative Issues and Government Relations
EPAB executive board attends TAB winter meeting in Austin
The members of the executive board found themselves in Austin for the Texas Association of Builders winter meeting and came home filled with information and vigor. The quarterly gahtering was three days of committee meetings and education on the goings on with TAB and the associations around the state. The group was led by President Edmundo Dena and Randy Bowling, TAB Executive board member, and included Sergio Cuartas, Edgar Garcia, Sam Shallenberger, Margaret Adauto and Ray Adauto. The meetings were at the historic (and haunted) Driskill Hotel located off 6th street and Brazos. Did we say haunted? Well yes and you can verify that via Google as well as various books and videos. But more on that later. The meetings were long but highly informative. Sergio and Randy arrived earlier on Wednesday and attended the Audit committee, Association planning and local president’s council. Thursday had the group attend Home PAC meetings, Government Relations Committee both in the morning. Home PAC and GRC both touched on the deep divisions within the legislature that will make next years 86th session extremely difficult to get things done. “I can’t remember a time where things are getting so complicated,” said Scott Norman, Executive Director of TAB. The afternoon had the group dividing up to got to six meetings. No one was bored but the day long event takes a toll. Friday was the final day and included our Area five (V) meeting with the rest of our west Texas associations. After lunch we all attended the Board meeting. One of our highlights was winning the coveted Best of the Best HOMEPAC award, the 14th time we’ve done so. It’s starting to bug the other associations, and that is good. Home PAC after all needs support and so anything that brings in contributions, including the award, are good for the industry.
Community Project for Kids
The EPAB was asked to build a playhouse for the El Paso Children’s Hospital Foundation as an auction item for their gala held April 6. Chairwoman Angelique Roman had terrific help from the members. “This is the first time in many years that we attempt something like this and while the idea is somewhat simple the execution wasn’t”, Roman told the Outlook. Our thanks to Fernando Santana, Gus Loy, Brenda Aguirre, Patricia Martinez, Dan Villareal, Justin Hahn, Chris Hakes, Mike Flores, Casey McCuan, Cruz Lopez, Edmundo Dena, Angelique Roman, Ted Escobedo, Eduardo (Lalo) Blanco, Jaime Gonzalez, Cristina Sheldon, Ricardo Aguilar, Margaret Adauto and Ray Adauto. Lumber donated by Foxworth Galbraith. Transport to the Civic Center Franklin Building Materials. Paint and supplies Sherwin Williams. Our sincere thanks for all the work.
2018 Issue 3
Membership Drive Training
The El Paso Association of Builders was joined by TAB Executive Director Scott Norman and TAB Executive Randy Bowling for a four hour training session for the upcoming Direct Drive, a membership drive coming in May. Team captains have started to get their teams together for a competitive fun membership drive. The Texas Association of Builders of which 20 locals will be participating in the drive are all doing training in April for the May event. “I want to thank all the EPAB leadership for their strong commitment to the drive,” said Scott Norman. “El Paso always sets the bar,” said Rob Oliver. “I suspect you guys will be kicking it hard.”
New flags go up the pole
Being so close to the interstate is sometimes a pain. Not just for driving or getting in or out of the area, but in this case something most of you wouldn’t think about. Flags. Our flagpole, donated by Greg Bowling many years ago, has flown the U. S. and Texas flags during that time. Once every four months the flags are so dirty that we have to change them out. Wind, soot, dirt, and daily crud. We changed out the colors so that now you have a spring fresh set of flags flying proudly.
That did not happen, likely because affordability stood in the way. Builders did note a drop in buyer traffic in January, according to a monthly sentiment survey from the National Association of Home Builders. That measure did not improve in February, when rates moved even higher. Builder confidence remains high, but largely due to sales expectations over the next six months, not current sales conditions or buyer traffic. Builders may be counting on the tight supply in the existing home market to push more business their way. Sales of existing homes fell in January as well, with the blame laid squarely on a severe shortage of homes for sale.
"This report is undoubtedly disappointing. Like 2017, 2018 isn't setting up to be particularly favorable for builders — construction materials and permitting costs are high and rising, labor is tight, and desirable, buildable land is scarce and expensive," wrote Aaron Terrazas, senior economist at Zillow. "It seems clear that we shouldn't expect a big breakthrough in new home sales any time soon, and should instead look for incremental progress at best. At this point, we'll take whatever we can get." -cnbc.com
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Sales of newly built homes are falling, and the culprit is clear. Homebuyers increasingly can't afford what they want. Higher mortgage rates, combined with the loss of homeowner tax breaks in some of the nation's most expensive markets, are taking away buying power. Sales fell in December, when the new tax law was signed, and then again in January, when mortgage rates moved higher. Sales are now at their lowest level since August of last year. The government's measure of new home sales is based on signed contracts during the month, reflecting the people who are out shopping and signing deals with builders. It is therefore a strong read on current reactions to home affordability. Mortgage rates moved a full quarter of a percentage point higher during January, from below 4 percent to about 4.25 percent. It then took off further from there. "It seems that the jump in mortgage rates in January had an immediate impact on contract signings," wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group. "You can't get more interest rate sensitive when it comes to homes and cars with the associated cost to finance." Higher home prices are adding to the difficulty for buyers. The median price of a newly built home rose to $323,000, a 2.5 percent gain compared with January 2017. Builders are not only increasing prices, but they are also mostly focused on the move-up market, not the entry level where homes are needed most. While there is a severe shortage of existing homes for sale, the opposite appears to be the case in the new home market. Supply rose to the highest level in four years, another sign that new construction
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• Higher mortgage rates, combined with the loss of homeowner tax breaks in some of the nation's most expensive markets, are taking away buying power.
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• Homebuyers increasingly can't afford what they want.
is increasingly out of financial reach for today's home buyers. "The drop in sales may be due to saturation in the upper price range of the market, which should compel builders to follow the market and build more moderately priced homes," wrote Joseph Kirchner, senior economist at Realtor.com. "We may be beginning to see this with the largest drop for new home sales in homes priced above $500,000." The expectation had been for an increase in new home sales in January, after the sharp drop in December. Some economists argue that when rates begin to rise, there is an initial surge reaction from buyers who want to get in before rates increase even further.
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An ominous sign for builders:
2018 Issue 3
Rising mortgage rates hit new home sales
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Builders Outlook
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2018 Issue 3
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Builders Outlook
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12 EPAB Membership Builder members as of February 28, 2018
Bain Construction Scott Bain Bella Vista Custom Homes, Inc. Edgar Garcia BIC Homes Antonio Cervantes Carefree Homes Richard Aguilar Casas De Leon, LLC Nick Bombach Classic American Homes Priscilla Hernandez Crown Heritage Homes Lydia Mlouhi Cullers & Caldwell Builders John Cullers Cullers Homes Jason R. Cullers D. R. Horton Homes Jaime Gonzalez Dawco Home Builders Walter O. Lujan Deal-2-Deal Homes dba Deal-2-Deal,LLC Delton Deal Del Rio Engineering, Inc. Sal Masoud Diamond Homes, LLC Valerie Baquera Donald Ward Builder, Inc. Donald Ward E. Valencia Land Development LLC Eddie Valencia Edward's Homes, Inc. Eduardo Fernandez EPT Bella Custom Dream Homes Leti & Javier Navarrete EPT Land Communities David Bogas Everest Homes Edmundo Dena, Jr. Fortune Custom Homes Javier Andrade Gaddy Construction Charles Gaddy GMF Custom Homes, LP Frank Torres Guel Construction Rudy Guel Hakes Brothers LLC Chris Hakes Hanson Asset Management, LP Russell Hanson Homes by Design Leslie Driggers Hoard Hunt Communities, LLC Kathy Parry Icon Custom Home Builder, LLC. Carlos Garcia Industrial Realty Group Incorporated Brent D. Harris JER Custom Homes, LLC Jorge E. Rodriguez Lloyd Hamilton Construction Lloyd Hamnilton III Loyalty Homes Gustavo Loy M A Builders & Design, LLC Mustafa Ali Metro Homes, Inc. Fernando Torres, Judith Arrunada, Pacifica Homes, Inc. Juan Jose Vasquez Palace Homes, Inc. Robert Diaz Palo Verde Homes Edgar Montiel Pointe Homes Carlos Villalobos Porter Homes Albert Porter R.C. Baeza & Associates Robert C. Baeza R.E. Welch Contractor Gordon Welch Rassette Homes, Inc. Donald Rassette Santana Custom Homes Fernando Santana Southwest Land Development Serv. Doug Schwartz The Heritage Group David Bingham
Builders Outlook
2018 Issue 3
Updated every month, here is a list of the 2018 EPAB Membership. Remember to please do buinsess with fellow members.
Trejo Construction Co. Juan Trejo Tropicana Building Corp. Bobby Bowling IV Tropicana Development Greg Bowling Tropicana Homes Randy Bowling Tropicana Properties Demetrio Jimenez Villagi Homes, LLC Kristi Eddings Will Harvey Development Will S. Harvey Winton/Flair/Accent Homes Herschel Stringfield
Associate Members as of February. 28, 2018 2-10 Home Buyers Warranty Jeanine Jones 84 Lumber Ernie Chavez 915 Siteworks, LLC Dan Guevara ABC Supply Co., Inc. Larry Eck Acme Brick Company Vanessa Rocha; Steve Bush Adams Moulding & Lumber Tom Swahlen Area Iron & Steel Works, Inc. Fred L. Edmonston Jr. Atrium Homes Ricardo Bocardo Jr. Bank of Texas Ray Owen Barnett & Bennett Construction Ben Trzyna Baron Supply David Trammell Barragan & Associates Benito Barragan Barrett Airworks Alexandro Castro Beasley, Mitchell & Co., LLP Brad Beasley BMC Select Jaeson Iovinella Boise Cascade Mike Flores Border Solar Javier Ruiz Builders Source Appliance Gallery Kathy Rose, Sandra Lucero C. D. Lee/Britton Insurance & Bonding Anthony Landavazo; Lisa Daniels Casa Ford & Casa Nissan Luke Lowenfield CEA Engineering Group Jorge L. Azcarate Central Texas Metal Roofing Supply Co.,Inc. Ben Garza, III Centricity Brent R. Morgan Chaparral Materials, Inc. Leroy Trujillo City Bank Texas Bob Kotarski City Lights Thomas Brown Cognent, Inc. Martin Paredes Commercial Insurance Brokers, Inc. Ken Foster Conde, Inc. Conrad Conde Copenhagen Imports Flemming Carlsen CQC Testing and Engineering, LLC Jaime Rojas Dal-Tile Joseph Cepeda Delek US dba 7 Eleven Sonja Scanlan Demcon Disposal Management, LLC Maria Elena (Nena) Gomez Dunn Edwards Paints Nathan Gordon Dorney Security John Dorney DWS Building Supply Sabrina Voorhies E.F. Building Materials, Inc. Efren Fraire
Eagle Roofing Products Scott Aguilar El Paso Building Materials Ken Wade El Paso Disposal Irma Parsons El Paso Mortgage Bankers Association Gilbert Pedregon El Paso Times Jose Molina El Paso Truss Luis Mendiola El Paso Winnelson Rene Goldfien Ferguson Enterprises Inc. Albert Holguin First American Bank Luis Sauceda Fire Smoke N’ Grill Bill Owen First Light Federal Credit Union Lorenzo Revelez First National 1870 Haley Merritt Firth, Johnston, Bunn & Kerr Jay Kerr Foxworth Galbraith Lumber Dan Villarreal Franklin Building Materials Ricardo Aguilar; Cristina Sheldon G2 Ram Electric Luis Cano GCC Sun City Materials, LLC Antonio “Tony” Chavez GECU- Greater El Paso Credit Union Brenda Aguirre Greater El Paso Chamber of Commerce GEPAR-Greater El Paso Assoc. of Realtors Jason Sanchez Hardware Specialties Jeff R. Paxton Harris Real Estate Group Lane Harris Haskins Electric Charles B. Haskins, Jr. Home of Texas Mark Smiley HUB International Luis Rosas Interceramic Tile & Stone Gallery David Holguin Inter National Bank Natalie Ojeda J & H Concrete & Post Tension Jorge Herrera James L. Ellis, CPA, PC Jim Ellis Jimmy Garza Emergency Water Removal Veronica Buchanan Jobe Materials, LP Charlie Tellez Joe Bernal Insurance & Financial Services, Inc. Joe M. Bernal Keenan Supply Nancy Rivas L & P Building Supply Denise McConnell LCR Resource, Inc. Ralph Sanchez Legacy Real Estate Services TTI Prop. Management. Patrick Tuttle Lennox Industries Sharon Horton Lone Star Title Co. of El Paso Sam Trimble Love Engineering, Inc. Montez Love Majestic Realtors Patti Musshorn MAK Roofing & Construction Felix Vizarreta Masco Contract Services dba Gale Insulation Tom Harmon McCoy's Building Supplies Julie Reyes Merrill Lynch Thomas (Tommy) Gabriel Mini Concrete Materials Joe Soto Morrison Supply Sam Shallenberger
MTI Ready Mix, Inc. Tony Mullen New American Funding Brenda Trillo New Era Foam George Tollen Passage Supply John Chaney Patriot Mortgage Randy Bowling Pella Windows Jason Bates Performance Glass & Aluminum Hector Hernandez Perl Mortgage Stephen Sepulveda, Gilbert Pedregon Pioneer Bank Kathy Carrillo PRIDE Ascend Dr. Lonny Wright Post Tension Dennis Moore Powerfoam Insulation/ Metlspan NCI Group, Inc. Arnie Pederson Randall Smith, CPA Randall Smith Real Estate Weekly Newspaper Riley Stephens Rebath of El Paso/Las Cruces Lisa Walling Remcon Self Storage Will Harvey Richman Group Affordable Housing Corp. Kevin Hoffman Rocky Mountain Mortgage Company Dean Inniss Roe, Brad Bradley Roe Rudolph Chevrolet Mike Ruffin Saldivar Electric, Inc. Martin A. Saldivar Sarabias Blue Sanitation Monica Brown Senercon Javier Ruiz Sherwin Williams Paint Cruz Lopez Sierra Title Company Angelique Roman Simpson Strong-Tie Company, Inc. Ken Donham Snappy Publishing, LLC Ted Escobedo Solar Smart Living Larry Perea Southwest Décor El Paso Corporation Chris Matthews Spectrum Technologies Miled Daou Stewart Title of El Paso Cindy Bilbe StrucSure Home Warranty Scott Whisenant Su Casa Magazine Bob Skolnick Sun City Winnelson Dean Moore Texas Gas Services Mica Short Texas Title Company Steve Raney TFCU Yolie Melendez-Estrada The Dorian Group/Ocean Gallery USA Miguel Angel Mercado The Home Systems Heating & Cooling, Inc. Jesus Chain Trane Residential Solutions Robert Meske/ Kathleen Chacon TRE & Associates Linda Troncoso Trim Team Juan & Kris Hernandez USA General Contractors Javier Olmos Vision Consultants, Inc. Kelly Sorenson WestStar Home Loans Cinco Houghton WestStar Bank David Osborn WestStar Title Janette Coon
2018 Issue 3
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Builders Outlook
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Condolences
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s e m o h new for el paso... e r e h d n u o f y easil February 2017 •
FREE
el paso
condolences to Doug Schwartz on the death of his father Mickey Schwartz. Mickey was president of the EPAB in 1969. Rest in peace.
builders
Introducing
El Paso New Home Builders magazine & website ves.com for more
information...
Visit www.ElPasoMo
• Part of Homes of El Paso magazine • Mailed monthly to thousands of local homes • El Paso Airport distribution • Stand alone magazine each quarter
S h o w ro o m :
9400 Gateway East El Paso, TX 79907 (915) 593-1301 (800) 356-9546 www.efbmi.com
Call Martha today for more information at (915) 204-7017. Another Mesa Publishing Publication, serving El Paso Home Buyers for 25 years. www.MesaPublishing.com
www.ElPasoNewHomeBuilders.com
14 Austin hotel hosts spirits
Haunted. That’s the Driskill Hotel. Built during the heyday of wealth in the late 1800’s the hotel tells the story of cattle, copper, cotton and the wealth they created. The opulence sometimes took a turn to the macabre including suicides, murders and accidental deaths inside the hotel. Some of our members have been victims of strange things in their rooms or with feelings of someone looking at you. The paintings in the hotel sometimes have been known to cause dizziness or sadness. On Friday as we checked out one of the staff was showing off pictures a guest had taken that morning of the young girl who is said to haunt the fifth floor. I have a copy of those pictures and while I can see a transparent image of a girl I can’t attest to the reality of it other than to say the staff said it was exactly what many of them had seen. The Driskill Hotel is now a Hyatt branded hotel. The real brand, the kind on the cattle, is still poking around. Hope your adventure is as fun as it has been for us. -Ray Adauto
Builders Outlook
2018 Issue 3
Builders Outlook
2018 Issue 3
6046 Surety Dr. El Paso, TX 79905 915-778-5387 • Fax: 915-772-3038
â– ExEcuTivE OFFicERS PRESiDENT Edmundo Dena vicE PRESiDENT Sergio Cuartas SEcRETARY Edgar Garcia ExEcuTivE vicE PRESiDENT Ray Adauto PAST PRESiDENT Don Rassette â– cOMMiTTEE cHAiRS Membership Ted Escobedo Patrick Tuttle
El Paso Disposal
772-7495
Sandra Lucero, Builders Source Ted Escobedo, Snappy Publishing Jorge Herrera, J&H Post Concrete & Post Tension Angelique Roman, Sierra Title Patrick Tuttle, Legacy Real Estate Sam Trimble, Lone Star Title Patricia Martinez, Stewart Title Randall Smith, Randall Smith, CPA ■TAB STATE DiREcTORS Randy Bowling - Life Director Sam Shallenberger Edmundo Dena
â– NATiONAL DiREcTORS Bobby Bowling, IV Demetrio Jimenez Leslie Driggers Hoard -Alternate Antonio Cervantes - Alternate
Finance committee Kathy Carrillo/Treasurer Henry Tinajero
Honorary Life Members Mark Dyer Wayne Grinnell Don Henderson Anna Gill Brad Roe Rudy Guel
Community Outreach Angelique Roman Brenda Aguirre Patricia Martinez
Land Use Council Sal Masoud
Education Kelly Sorenson Delton Deal
■ADviSORY TO THE BOARD Jay Kerr, Firth, Johnston, Bunn & Kerr
■BOARD OF DiREcTORS Builders: Delton Deal, Deal 2 Deal J.J. Vasquez, Pacifica Homes Leti Navarrete, Bella Custom Dream Homes Bud Foster, Southwest Land Development Kathy Parry, HUNT Communities Lee Gillett, Classic American Laura Loy, Loyalty Homes Walter Lujan, Dawco Homes Fernando Torres, Metro Homes Leslie Driggers Hoard, Homes by Design Carlos Garcia, ICON Custom Sal Masoud, Del Rio Development Fernando Santana, Santana Custom Homes Chris Hakes, Hakes Brothers Associates: Joe Bernal, Joe Bernal Insurance Henry Tinajero, WestStar Bank Kathy Carillo, Pioneer Bank John Chaney, Passage Supply Luis Rosas, HUB International Brenda Aguirre, Rocky Mountain Mortgage
2017 Member Of The Year Don Rassette Rassette Homes
Past Presidents committed to Serve Edmundo Dena Edgar Montiel Frank Torres Frank Arroyos Greg Bowling Randy Bowling Bobby Bowling Iv Doug Schwartz John Cullers Robert Baeza Mark Dyer Kelly Sorenson Rudy Guel Brad Roe Herschel Stringfield Bob Bowling Iii Pat Woods Carlos Villalobos
EPAB Mission Statement: The El Paso Association of Builders is a federated professional organization representing the home building industry, committed to enhancing the quality of life in our community by providing affordable homes of excellence and value. The El Paso Association of Builders is a 501C(6) trade organization. Š 2018 Builder’s Outlook is published and distributed for the El Paso Association of Builders by Ted Escobedo, Snappy Publishing, LLC ted@snappypublishing.com El Paso • Texas • 915-820-2800
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