Builders Outlook 2018 Issue 8

www.elpasobuilders.com

City of El Paso

National, State & Local Building Industry News 2018: Issue 8

Philip Etiwe Selected as Director of Planning and Inspections The City of El Paso is pleased to announce the selection of Philip Etiwe as Director of Planning and Inspections effective August 27, 2018.

“We are excited to welcome Philip to help lead a City department that plays a critical role in the advancement and growth of our community,” said City Manager Tommy Gonzalez. “Having previously worked for the City of El Paso, Philip will be able to hit the

ground running to continue developing strategic and innovative solutions for our community.”

Most recently Mr. Etiwe worked as the Director of Community Development Services and Chief City Administrator for the City of South Fulton, Georgia, where he was responsible for creating and setting the foundation for Planning Services, Building Permits and Inspections, Engineering, Code Enforcement, Business Licenses, and The Geographic Information System (GIS).

As Chief City Administrator, he was responsible for assisting the Mayor by

Market Watch:

assigning priorities and objectives to city staff.

“Philip brings more than 28 years of private, public and non-profit experience that will greatly benefit the residents and businesses of the City of El Paso,” said Deputy City Manager Cary Westin. “He has in-depth knowledge on economic development, urban planning, downtown and neighborhood developments, and is proven to be successful in identifying service gaps and creating efficiencies.”

Members of the development community were a part of the interview panel and provided input on the

selection of Mr. Etiwe.

Mr. Ray Adauto, Executive Vice President of the El Paso Association of Builders, said, “The community appreciates the opportunity to participate in the selection process and believes Mr. Etiwe is a great candidate for this important position.”

Mr. Etiwe graduated with a master’s degree in urban and regional planning from the University of Colorado Graduate School of Architecture and Planning and bachelor’s degree in Land Use Resources and Environment from Metropolitan State College of Denver.

How many billions did Texas get from selling houses to foreign buyers?

Paul O'Donnell, Business Editor, Dallasnews.com

Texas was the third most popular state for international home buyers in the last year, according to a new report from the Texas Association of Realtors.

The buyers, not surprisingly, hailed from countries with growing populations in Texas. Mexico led the way, followed by China, India, the United Kingdom and Canada

Texas cities accounted for 9 percent of all U.S. homes bought by international buyers from April 2017 to March 2018, according to the report.

That represented 24,012 home sales, which the state real estate association estimated as a $10.89 billion boost to the Texas economy.

Mexican buyers were the most active, totaling 38 percent of the state's home purchases by international

buyers. China (7 percent) and India (6 percent) were the next highest.

"Fueled by the desire to start and run a business, obtain world-class education or purchase investment property, international homebuyers continue to choose Texas," Kaki Lybbert, chairman of the Texas Association of Realtors, said in a statement.

Texas slipped from second to third in the annual study and trailed only Florida and California in popularity among foreign buyers, all of which are major destinations for immigrants to the U.S. Six Texas metropolitan areas ranked in the top 50 nationwide for immigration in the most recent data compiled by the Department of Homeland Security, including: Houston/Sugar Land/The Woodlands (No.6) Dallas/Fort Worth/Arlington (No.8) Austin/Round Rock/San

Marcos(No.26) San Antonio/New Braunfels(No.28) El Paso (No. 33) McAllen/Edinburg/Mission (No.48) Nationally, rising home prices and low inventory led to a decline in foreign home purchases in the United States last year. International sales totaled $121 billion, a 21 percent drop from the previous 12-month period, according to an annual survey from the National Association of Realtors.

"After a surge in 2017, we saw a decrease in foreign activity in the housing market in the latest year, bringing us closer to the levels seen in 2016," said Lawrence Yun, NAR chief economist. "Inventory shortages continue to drive up prices and sustained job creation, and historically low interest rates mean that foreign buyers are now competing with domestic residents for the same, limited supply of homes."

PRSRT STD U.S. POSTAGE PAID EL PASO TX PERMIT NO. 429

AND THE WINNER IS...

CELEBRATING THE BEST OF OUR INDUSTRY

Real TexaS builder AWARDS

©

EL PASO ASSOCIATION OF BUILDERS

ENTRIES NOW ACCEPTED Join us as we recognize the very best of the El Paso home building industry

BUILDER/DEvELopER q Best Kitchen Under $250K q Best Kitchen Over $250K q Best Bathroom Under $250K q Best Bathroom Over $250K q Best Specialty Room Home Under $250K q Best Specialty Room Home Over $250K q Best Home Under $250K q Best Home Over $250K q Best Residential Solar Integration q Best Integrated Living Space q Best Lighting Design q Best Innovative Use of Materials q Best Pool Design/Water Feature q Best Community up to 20 Acres q Best Volume Home Builder q Best Custom Home Builder MULTI-FAMILY q Best Architectural Design q Best Design of A Community Space q Best Urban Multi-family Design q Best Community Club House

www.elpasobuilders.com 6046 Surety Drive El Paso, Texas 79905 915.778.5387 Presenting Partner:

pRoMoTIoN q Best Print Advertisement:Builder q Best Print Advertisement:Developer q Best Print Advertisement:Associate q Best Direct Mail Piece:Builder q Best Direct Mail Piece:Developer q Best Direct Mail Piece:Associate q Best Sales Brochure:Builder q Best Sales Brochure:Developer q Best Sales Brochure:Associate q Best Social Media Campaign:Builder q Best Social Media Campaign:Developer q Best Social Media Campaign: Associate q Best Website:Builder q Best Website:Developer q Best Website:Associate

q q q q q q q q q

Best Best Best Best Best Best Best Best Best

Promotional Video:Builder Promotional Video:Developer Promotional Video:Associate Electronic Media Ad:Builder Electronic Media Ad:Developer Electronic Media Ad:Associate Outdoor Ad:Builder Outdoor Ad:Developer Outdoor Ad:Associate

INDIvIDUAL RECoGNITIoN q Best Sales Manager of the Year:Builder Company q Best Salesperson of the Year:Builder Company q Best Inside Salesperson of the Year:Associate q Best Outside Salesperson of the Year:Associate q Best Realtor of the Year THE EpAB EXECUTIvE CoMMITTEE WILL ALSo ANNoUNCE THEIR CHoICE FoR:

Builder Member of the Year Associate of the Year

HoW To ENTER EARLY BIRD ENTRIES: $100 BEFORE 9/15/2018 ENTRIES $150 SUBMITTED AFTER 9/15/2018 FINAL DEADLINE To ENTER is 10/1/2018

To Enter: 1. E-mail ray@elpasobuilders.com or call 915778-5387 to request a category form. Check the categories you plan to enter and return it to the El Paso Associationof Builders.

2. A submission packet will be sent to you with specific instructions for each category.

3. Submit your entry and payment by 10/1/2018

For more information call: 915-778-5387

2018 Issue 8

Builders Outlook

President’s Message Edmundo Dena

President el Paso association of Builders

We continue to move and grow as the board approved several new members at our recent board meeting. i want to remind all our members of the importance of inviting a business partner, supplier or vendor, a competitor…yes, a competitor to join. it’s important for them and us. Welcome to our newbies. get involved, come to meetings and events, get in front of your new association. it’s worth as much as what you put into it. Make it work for you.

School is going full bore in the el Paso and surrounding areas. Ray and i were talking about the craziness of it all and we got to the point of wondering if there were any new “shop” classes going on. While we hear about STeMS and aP classes we don’t seem to get as

* * *

PRINT & INTERNET PUBLISHING

Association, City and Traffic Move Forward

excited about giving kids a shop class. i know i could use some good skilled workers and so can every builder. But more and more we see kids missing a great opportunity because they don’t have skills that an employer needs. it’s the topic of talks all over our industry and we need to keep that a hot topic locally. Just like when i went to school not all of us were meant to be in a university. We needed to work and get paid. Well with your help we can continue to bring that issue to the forefront each time we can. as an industry we are doing that. Make sure you do that as well. our recent talk by TX doT engineer Bob Bielek was very interesting and timely. What many of us didn’t realize is that TX doT is

building a whole new freeway next to the old one. and that other important work is going to start on Montana avenue. Be aware, the repairs to i-10 are a pain right now and they will continue to be for a while. Bielek said that i- 10 is way past its usable age and so at some point more work will be needed on it. Meanwhile the arteries around it, like loop 375 and the spurs, all will have more traffic to contend with.

Work on the highways, it seems to me, will never be done. Too much to do. Meanwhile be patient and plan. i know i’m going to have to do that if i want to keep my sanity while driving. go out and sell. it takes the sting away from the drive.

Social Media & WeBSiTe conTenT ManageMenT e-Mail neWSleTTeRS coMMUnicaTion STRaTegY ediToRial SeRViceS

Get Creative. Make it Snappy.

915•820•2800 www.snappypublishing.com

3

4

Executive’s Message Ray Adauto, Executive Vice President EPAB

A couple of years ago the EPAB went to Austin to meet with our state Representatives. Normally we would be talking about over regulation, NIMBY’s, funding, onerous bills. But our hot topic for them was the lack of skilled labor and what could be done about it.

The Reps were surprised and appreciative that we brought up a subject other than the usual.

Skilled labor, or the lack of it, is something that has been coming for a long time.

In story after story in the newspapers, TV and radio are about the huge debt young people (and parents) are dealing with for college costs. Reporters lead off with the fact that today’s job seekers can not afford the debt of

Builders Outlook

2018 Issue 8

Economy continues upward while skilled labor lags their education with the income most have to start at. Their solution they say is to pay more, putting the burden on the employer and thereby creating a new problem, higher prices for the consumer. Who would of thought of a cup of coffee costing nearly $7, yet everyday legions of people pay that for their morning joe. The reporters say that college debt is increasing everyday and they’re right. But what if someone could come out of school with a job that is in demand and starts paying at double or more than some office or retail job? What if that job could grow in just a few years to a point where that skill became more valuable? There are such jobs, but you don’t need a college

degree. It’s called learning a trade. It’s called having a career that can go in many different directions. It’s a job where you can make a good living and have a satisfaction of being able to do something others can’t.

Don’t get me wrong, we still need the engineers, architects, accountants and such in the industry. But while the line to register into a college is getting longer and the chances of graduating (I’ve read below 40% who enter actually finish) keep getting smaller and smaller. So many college grads find themselves unemployable or never using their degrees. Yet someone coming out of high school with trade skills can walk into a jobsite

and get hired. No long lines. No indebtedness. Just work.

Satisfying work. Good paying work.

Our average Master plumber or electrician in Texas is now 58 years old. These folks want to retire someday and yet we don’t have enough people to fill those positions, much less grow them.

It’s a serious problem that needs attention not just by politicians but by you. It’s time that we all go to our schools and demand more “shop” classes, better training, more training for skills that are employable right now. It’s a scary thought that one day you call for a plumber and there aren’t any around. It’s possible. It’s real.

National Builder News

2018 Issue 8

Builder Confidence Remains Firm

n Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

“The good news is that builders continue to report strong demand for new housing, fueled by steady job and income growth along with rising household formations,” said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. “However, they are increasingly focused on growing affordability concerns, stemming from rising construction costs, shortages of skilled labor and a dearth of buildable lots.”

“The solid economic expansion and firm job market should spur demand for new single-family homes in the months ahead,” said NAHB Chief Economist Robert Dietz. “Meanwhile, builders continue to monitor how tariffs and the growing threat of a trade war are affecting key building material prices, including lumber. These cost increases, coupled with rising interest rates, are putting upward pressure on home prices and contributing to growing affordability challenges, as indicated by the latest quarterly reading of the NAHB/Wells Fargo Housing Opportunity Index.”

Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

The HMI index measuring current sales conditions inched one point lower to 73 while the component gauging expectations in the next six months all fell a single point to 72. Meanwhile, the metric charting buyer traffic dropped two points to 49.

Looking at the three-month moving averages for regional HMI scores, the South and West each held steady at 70 and 75, respectively. The Northeast fell three points to 54 and the Midwest also posted a three-point decline to stand at 62.

Builders Outlook

5

6 CNBC

Mortgage & Banking

Total mortgage application volume decreased 1.7 percent during the last week in August, according to the Mortgage Bankers Association.

Volume was 15 percent lower that a year ago.

A drop in mortgage rates should have given a little life to the mortgage business, but it did not.

Builders Outlook

2018 Issue 8

Mortgage applications decline, even as rates slip Weakening affordability is making potential homebuyers gnash their teeth this summer, and it is taking a real bite out of the mortgage market.

Total mortgage application volume decreased 1.7 percent last week and was 15 percent lower than a year ago, according to the Mortgage Bankers Association's seasonally adjusted report.

A drop in mortgage rates should have given a little life to the mortgage business, but it did not.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) decreased to 4.78 percent from 4.81 percent, its lowest rate since the week ending July 20, with points increasing to 0.46 from 0.42 (including the origination fee) for loans with a 20 percent down payment.

"Treasury yields were lower over the week, primarily driven by a release of FOMC minutes showing that Fed officials may be taking a more cautious approach to the final two expected rate hikes of 2018," said Joel Kan, an MBA economist. pplications to refinance a home loan, which are usually highly rate-sensitive, decreased 3 percent from the previous week. Volume was 33 percent lower

annually, as interest rates were considerably lower last year.

Mortgage applications to purchase a home also fell, declining 1 percent for the week. Volume was 3 percent higher than the same week one year ago but should be much higher given the improved economy and strong demand.

The problem is home prices. Buyers today simply can't afford the red-hot competition in most major markets, so they are pulling back. Home prices are still rising, but the pace has slowed in the last few months as some sellers sit on the market longer. Yet prices are nowhere near falling on a national scale and are unlikely to, given the

strong housing demand.

"Home value appreciation has slowed, but it's still triple its historic pace and three times the rate of wage growth," Aaron Terrazas, senior economist at Zillow, said in an interview on CNBC's "Power Lunch" on Tuesday. "It's still a seller's market and will continue to be, unless there is dramatic shift in inventory or dramatic shift in interest rates."

Mortgage rates are under pressure this week, as the yield on the 10-year U.S. Treasury bond, which they follow loosely, is now rising again. Rates have moved within a very small range this summer but are showing signs they could begin to break higher.

2018 Issue 8

Economic Forescast

Elliot Eisenberg Economic & Policy Blog

The US economy is, at present, growing very rapidly, and 2018 is shaping up to be the best year for economic growth since 2006. As a result, the Federal Reserve is a lock to raise rates by a quarter-point in September, and there is at least a 70% chance that they will do so again in December to cool down growth and prevent inflation from taking hold. But plenty can go wrong with this forecast.

Contagion from an emerging market or financial crisis is always possible, but the biggest immediate threat comes from the rapidly escalating trade-war we are in.

The most likely outcome of rising trade tariffs is a premature pause in the current interest rate rising cycle.

This is because a trade war will cause business demand for physical plant, equipment, and employees to contract due to heightened economic uncertainty. Trade wars will also cause consumer demand to lessen due to rising unemployment, higher prices, and falling consumer confidence, exacerbated by a decline in equity values. While such a slowdown would not be expected to be that large, it would still slow GDP growth and

7

Builders Outlook

The Developing Trade War & Interest Rates interest rate increases. If, however, the hit to GDP is bigger than anticipated, because the quantity of imported goods facing steep tariffs rises substantially, rates could be reduced to ward off a possible recession. That would only occur if other factors came into play, as the current $50 billion in products facing tariffs along with any retaliatory actions by other nations is not nearly large enough to meaningfully reduce GDP, let alone drive us into recession.

The bigger fear is that a trade war has the opposite effect on monetary policy and forces the Fed to raise interest rates. If this occurs, it would be very destructive to both Main Street and Wall Street. For this to happen, the economy would need to experience a series of strong negative supply shocks. It might happen like this: global trade conflicts quickly escalate, significantly driving up the cost of many imported goods as well as domestically-produced substitutes.

This sudden rise in prices would raise production costs, which would, in turn, lead to inflation and a rise in the dollar and unemployment as exports decline and policy uncertainty rises. Worse,

The bigger fear is that a trade war has the opposite effect on monetary policy and forces the Fed to raise interest rates. the rise in inflation could cause longterm inflation expectations to not only rise but also become somewhat permanently embedded in markets, such that higher inflation expectations persist even after the economy returns to normal. This is precisely what happened in the late 1960s and eventually led to 20% interest rates in the late 1970s and early 1980s.

With this history still quite fresh in the institutional memory of the Federal Reserve, policy makers would be expected to respond to such a situation by raising interest rates to wring out any permanent rise in inflation expectations. This is precisely what was done in the early 1980s by then Fed Chairman Paul Volker. Of course, this rise in rates would slow growth and weaken the economy even more.

While the chances of seeing rates rise to ward off a rise in inflation expectations is highly unlikely, it is a worst case-scenario for both the economy and financial markets. This is because it offers a combination of faster inflation, weaker growth, and tighter monetary policy. My baseline is that the impacts of rising tariffs and protectionism are too limited to meaningfully alter the course of monetary policy. But, in the fog of (a trade) war, things inevitably go awry -just think of Harley-Davidson’s unexpected decision to shift to offshore manufacturing -- and adversaries respond in ways not anticipated; be prepared.

Your retirement gets closer every single day.

Will you be ready?

Planning for your retirement is easier with the EPAB Membe Retirement Prograr

Companies with less than ten participating employees can benefit from: • Substantial Cost Savings • Employer and Employee Benefits • Retirement Planning Services • $500 Tax Credits for First Three Years Companies with larger numbers of participating employees can realize even more savings and additional program benefits.

Ruth Rivera

CFPA, C(k)P® Certified 401(k) Professional

512-796-1205

Email: rrivera@bukaty.com

www.bukatyfs.com

BUILDERS OUTLOOK • EPAB ON THE SCENE

2018 Issue 8

Sunbelt Show: EPAB well represented at state-wide event

The 2018 Texas Association of Builders Sunbelt Show took place in Dallas August 8,9 and 10. The meetings and event where held at the Hilton Anatole Hotel, one of the Dallas area’s largest.

Attending for the El Paso Association of Builders was TAB Vice President/ EPAB Past President Randy Bowling; EPAP Vice President Sergio Cuartas; EPAB Associates VP Sam Shallenberger; from ICON Custom Builders Carlos Garcia; from The Dorian Group Miguel Angel Mercado and Immediate Past President Don Rassette. The attendees raved about the Sunbelt show as one of the best. “The best part for me was the education seminars inside the Sunbelt Show,� said Sergio Cuartas. “They were amazing, they were very informative. I really tried to go to each one,� he continued. Sam Shallenberger from Morrison Supply is not only there as a member but also as a Sunbelt Show committee member. “The Sunbelt Show is getting better every year, this year was exceptional,� Shallenberger told the Outlook. “We had 250 exhibit spaces sold and it was fantastic,� Sam said.

Randy Bowling attended the meetings and pronounced them successful. “Every TAB meeting is important for a lot of reasons, but it really is the place where we can get updates on important issues or concerns from around Texas,� he said. “This great economy has created a unique set of issues for builders and associates, such as the need for skilled labor, wood price increases, costs of

government, and of course government intrusions,� Bowling said. While he represents EPAB at TAB he also was there to see if Tropicana Homes entry into the Star Awards would win. “’It’s something that Tropicana enters yearly because we know we are as good or better than builders in other Texas cities, so why not remind them of that,� he said.

Tropicana Homes has a good history of winning including being honored as the Star Award winner as Texas Best developer. “I came for the show and the education, but I also had Rassette Homes in the Star Awards which we’ve won in the past,� said Don Rassette of Rassette Homes. “We walked away with another Star Award this year, something I’m very proud of,� he continued. “We were voted Best Master Bathroom in a home under $325K in the whole state,� he said proudly. Rassette along with Tropicana use the awards to market to the consumers and to industry. “When we win something like this we’re saying that our team does great work, and that if you’re going to buy a home then you should know we’re not the only ones saying that,� Bowling said. Rassette agrees that it is adding a quiver to the bag. “We enter because we agree with Randy that it’s important for my team and the consumer to know.�

Sam Shallenberger expressed his views on the Sunbelt Show. “You know it’s not easy to put this event on, and while we continue to grow we have to make sure there’s enough interests for

the majority of the visitors.� “Our next Sunbelt Show is back at the Gaylord in Grapevine, a suburb of Fort Worth. “If someone is looking for a great show, important meetings, and a beautiful resort

with stuff for the whole family then you should make plans to join us there,� he went on. The 2019 Sunbelt is scheduled for August 2019. Watch the Outlook and your email for more information.

s e m o h new for el paso... e r e h d n u o f y il s ea February 2017 •

FREE

el paso builders

A single source solution provider centered around you.

Introducing

El Paso New Home Builders magazine & website

" " $ ! "

! " # "

" ÂŽ SM # SM

oMoves.com for

...

more information

Visit www.ElPas

• Part of Homes of El Paso magazine • Mailed monthly to thousands of local homes • El Paso Airport distribution • Stand alone magazine each quarter

" Brent Morgan, Regional Sales Mana a ge r bmorgan@centricity.com • 678.79 94 .9244

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

General meeting presentation:

Go-10 and more

The EPAB Member Meeting for August, sponsored by GECU Mortgage, featured TX DOT District Engineer Bob Bielek who talked about the I-10 construction.

Mr. Bielek showed the assembled sold out event that there’s a lot more to this project than meets the eye. “I appreciate the opportunity to bring information out to the association so that you can better understand where we are and where we’re trying to get to,� he told the Outlook.

In the presentation Mr. Bielek showed individual slides along with animated videos of the projects. What struck most of the audience was that in fact TX DOT is building a new freeway next to I-10 and trying not to interrupt traffic while doing it. “One of things most people aren’t aware of is that we have many players in this project who we need to work with or get permission from,� Bielek said. “For instance, our effort to go over

%XLOG HUV :H FDQ LQVXODWH PRVW KRPHV IRU DV OLWWOH DV SHU VT IW OLYLQJ DUHD

the International Bridges was not approved by the Depart of Homeland Security, so we had to redesign the roadway to accommodate that,� he said.

It was clear from the onset that the Go10 Project is just the beginning of more work that has to be done in El Paso. “You need to know that I-10 is six to 10 years past it’s engineered usable lifespan,� Bielek said. “That’s one of the reasons you see patchwork now, but eventually we will have to completely resurface the entire stretch,� he continued.

In the presentation and questions afterward Bielek showed that projects involving Montana Avenue and arterials to it like George Dieter, Lee Trevino, and beyond are going to be worked on soon.

Bielek also said that the infamous Zaragoza/Montwood intersection would be “corrected� to allow for a smoother transition and eliminate the hazard now there. “It is a top priority to TX DOT to fix it, so expect construction there to make it happen.� All the Spurs, LOOPS and other streets like Alameda and Montana are under TX DOT jurisdiction. The North South freeway, US 54, is being widened now as a continuing project. “We are working with New Mexico DOT to get semitruck traffic away from downtown and more directly to I-10 and I25 via the Anthony Gap,� Bielek said.

ATTEN ATT NTION BUILDERS!

SPRAY Y FO OAM INSUL LAT TION

10

#Real Texas builders

Builders Outlook

2018 Issue 8

Š

www.elpasobuilders.com

The El Paso Association of Builders encourages you to work with our members.

Builder members as of September 1, 2018 Bain Construction Scott Bain Althon Investments, LLC Jose Luis Martin Bella Vista Custom Homes, Inc. Edgar Garcia BIC Homes Antonio Cervantes Blue Sage Homes, LLC Jaime Gonzalez Blue Star Construction Carlos Villasana Bowling Construction Randy Bowling Carefree Homes Richard Aguilar Casas De Leon, LLC Nick Bombach Cisco Homes LLC Francisco Arroyos III Classic American Homes Priscilla Hernandez Crown Heritage Homes Lydia Mlouhi Cullers & Caldwell Builders John Cullers Cullers Homes Jason R. Cullers D B Innovations LLC Dan Berry Dawco Home Builders Walter O. Lujan Deal 2 Deal Custom Homes 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 Eclat Homes & Designs Veronica Guerra Edward's Homes, Inc. Eduardo Fernandez EPT Bella Custom Dream Homes Leti & Javier Navarette 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 Builder, LLC. Carlos Garcia Industrial Realty Group Incorporated Brent D. Harris JER Custom Homes, LLC Jorge E. Rodriguez Kayton Lee Residential, Inc. Brianna Barnes Lloyd Hamilton Contruction Lloyd Hamilton, III LMJ Construction Co., LLC Mike Lopez Loyalty Homes Gustavo Loy M A Builders & Design, LLC Mustafa Ali Maravilla Homes Victor Robles Medlock Commercial Contractors LLC Steve Medlock Metro Homes, Inc. Judith Arrunada, Fernando Torres

Millennium Homes Dan Ruth Pacifica Homes, Inc. Juan Jose Vasquez Padilla Homes Misael Navarrete 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 Rosewood Design and Build Brianna Barnes Santana Custom Homes Fernando Santana Southwest Land Development Serv.

Doug Schwartz The Heritage Group David Bingham Trejo Construction Co. Juan Trejo Tropicana Building Corp.

Bobby Bowling IV Tropicana Development Greg Bowling Tropicana Homes Randy Bowling Tropicana Properties Demetrio Jimenez Vallance Construction LLC Oswaldo Prieto Villagi Homes, LLC Kristi Eddings Vista del Sol Archetectural Design Luis J. Lopez Will Harvey Development Will S. Harvey Winton/Flair/Accent Homes Herschel Stringfield Associate members as of September 1, 2018

150 Sunset Danny Heredia 2-10 Home Buyers Warranty James Hebert 4 Tech A/C Service Enrique Hernandez 84 Lumber Ernie Chavez 915 Siteworks, LLC Hugo Jasso A C Refrigeration, LLC Angel Cabrera A Plus Remodeling & Repairs Martin Arroyos ABC Supply Co., Inc. Larry Eck Acme Brick Company Steve Bush Adams Moulding & Lumber Tom Swahlen Agustin Favela Concrete Agustin Favela Alden R & R Services, LLC Alejandro Dena Allbrite Electrical Carlos Nunez Alvarado Plastering & Stucco, LLC Jose Enrique Alvarado Amelia's Janitorial Services Amelia Gomez Area Iron & Steel Works, Inc. Fred L. Edmonston Jr. Atrium Homes Ricardo Bocardo Jr. Bank of Texas Ray Owen Baron Supply David Trammell Barragan & Associates Benito Barragan Barraza Drywall Corp.

Ignacio Barraza

Barrett Airworks Alexandro Castro Bassett Woodworks Danny Murillo Beasley, Mitchell & Co., LLP Brad Beasley Bella Vista Realty Grisel Ortega Belmont's Air Conditioning, Inc. Rafael Belmonte Big A Construction Thelma Vasquez BMC Select David Quintana Boise Cascade Mike Flores Border Construction Specialties Ricardo Yvellez Border Solar Javier Ruiz Bordertown Carpets Brian M. Abraham Builders Source Appliance Gallery Sandra Lucero Bukaty Financial Companies Group Ruth Rivera C. D. Lee/Britton Insurance & Bonding Anthony Landavazo/Lisa Daniels Cabinet Masters Mike Robles Carpet Warehouse Erez Belkin Casa Ford & Casa Nissan Luke Lowenfield Castillo Electric Jose Del Val CEA Engineering Group Jorge L. Azcarate Central Texas Metal Roofing Supply Co.,Inc. Ben Garza, III Centricity Brent R. Morgan Century 21 The Edge Scott Kesner Citizens Loan Center Jim Easley City Bank Texas Bob Kotarski City Lights Thomas Brown CMF Carlos Munoz 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 David Hernandez Cabinets David Hernandez David J. Ellis Fee Office for Sierra Title David J. Ellis De La Torre Iron Works Alfredo de la Torre Delek US dba 7 Eleven Sonja Scanlan Demcon Disposal Management, LLC Maria Elena (Nena) Gomez Desert Quest Plumbing Hector Gonzalez Designer's Mart Valerie Edmiston Diaz Services, Inc. Emmanuel Diaz Dominguez Insurance Agency Victoria Dominguez Doors and More Miguel Moran Dorney Security John Dorney Dunn-Edwards Paints Nathan Gordon DWS Building Supply Sabrina Voorhies E.F. Building Materials, Inc Efren Fraire Eagle Custom Cabinets Juan Benabidez

Eagle Roofing Products Scott Aguilar Edgar's Flooring Edgar Enriquez EDLR Platering Eduardo De La Rosa Edmund Esper Edmund Esper El Paso Audio Video by Design Joe Gutierrez El Paso Building Materials Ken Wade El Paso Disposal Irma Parsons El Paso Mortgage Bankers Association Gilbert Pedregon El Paso Times Sal Hernandez, Justin Riley El Paso Truss Luis Mendiola El Paso Winnelson Rene Goldfien Electrolux NA Adger Colley Elizardo Garcia Electric Elizardo Garcia ERA Sellers & Buyers Karla Reyes ESS Environmental and Safety Solutions Jose L. Garcia Ramirez EZE-R-DESIGNS Leticia Mata Farmers Ins.-Mercedes Ruiz Mercedes Ruiz Felipe Rocha Construction Felipe Rocha Ferguson Enterprises Inc. Albert Holguin Fire Smoke N' Grill Bill Owen First American Bank Louis Sauceda First Light Federal Credit Union Lorenzo Revelez First National 1870 Haley Merritt Firth, Johnston, Bunn & Kerr Jay Kerr Forge Factory Strength & Conditioning Edmundo Portillo Foxworth Galbraith Lumber Dan Villarreal Franklin Building Materials Ricardo Aguilar or Cristina Sheldon G & G Enterprises Gen. Contractor Juan F. Garcia G2 Ram Electric Luis Cano GCC Sun City Materials,LLC Antonio "Tony" Chavez GE Appliances Christine R. Villanueva GECU- Greater El Paso Credit Union Danny Galindo GEPAR-Greater El Paso Assoc. of Realtors Jason Sanchez Go Pro Refrigeration Humberto Diaz Goodman Mfg. Jorge Guajardo Great American Insurance Group Julie Tomlinson Greater El Paso Chamber of Commerce David Michael Jerome H P Roofing & Construction Heriberto Prieto Harris Real Estate Group Lane Harris Haskins Electric Charles B. Haskins, Jr. Hector De.La Canal Real Estate Group Hector De. La Canal Hector Phillips fee Office for Sierra Title Hector Phillips Hernandez Roofing Concepcion Hernandez Home of Texas Amanda Eason Home Pros Real Estate Group Penny Moore Homes of El Paso Riley Stephens

2018 Issue 8

HUB International Luis Rosas Imperial Construction Alexandro Garcia Inter National Bank Natalie Ojeda Interceramic Tile & Stone Gallery David Holguin J & H Concrete & Post Tension Jorge Herrera J. B. Laminates Gina Rodriguez J. C. Balcorta Painting Cruz Balcorta J. F. Plastering Juan Florez Jack White Building Specialties Claudia Lardizabal James L. Ellis, CPA, PC Jim Ellis JFM Enterprises, Inc. Jaime Flores Jimmy Garza Emergency Water Removal Veronica Buchanan Jobe Materials, LP Charlie Tellez Joe Bernal Insurance & Financial Services, Inc. Joe M. Bernal Jose Moreno Dry Wall Jose Moreno Juan Carlos Perez Grading Juan Carlos Perez Keenan Supply Nancy Rivas Keller Williams Mo Goodarzi Keller Williams Susan Flores L & P Building Supply Denise McConnell LCR Resource, Inc. Ralph Sanchez Legacy Real Estate Services/TTi Prop. Man. Patrick Tuttle Leon Real Estate Jorge Leon LOI Engineers Bernardino Olague Lone Star Title Co. of El Paso Sam Trimble Love Engineering, Inc. Montez Love Lowes Home Improvement Johnny Rodriguez Loyas Shutters Alfredo Loya MagicStone Marco Gomez Majestic Realtors Patti Musshorn MAK Roofing & Construction Felix Vizarreta

Builders Outlook

Marlo Building Services Roberto Martinez Masco Contract Serv dba Gale Insul William Homan Massey Johnson Josie Ledesma McCoy's Building Supplies Doug Danner Merrill Lynch Thomas Gabriel Miguel Sanchez Cano Miguel Sanchez Cano Minerva Al-Tabbaa Realtor Minerva Al-Tabbaa Mini Concrete Materials Joe Soto Moen Frank Graf Monster Link Marketing Raul Mendoza Moreno Cardenas, Inc. Roberto Moreno Morrison Supply Sam Shallenberger MTI Ready Mix, Inc. Tony Mullen New American Funding Tania Guzman New Era Foam George Tollen New Start Insulation Jose Carreon Oropeza Concrete Angel Oropeza Parra's A/C and Heating Service Aureliano Parra Passage Supply John Chaney Pate & Appleby, LLP Richard De Santos Patriot Mortgage Randy Bowling Pella Windows Jason Bates Performance Glass & Aluminum Hector Hernandez Perl Mortgage Stephen Sepulveda, Gilbret Pedregon Polar Mechanical LLC Francisco Amezquita Post Tension Steel Dennis Moore Powerfoam Insulation Arnie Pedersen Prewire of El Paso, Inc. Steven Drury Pride industries dba Pride Ascend Dr. Lonny Wright Q Martins Plumbing Jose Martinez Quality Granite Hector Porras

Ramon Romero Painting Ramon Romero Randall Smith, CPA Randall Smith Rebath of El Paso/Las Cruces Lisa Walling Remcon Self Storage Will Harvey Rey Construction Manuel Reyes RGR Roofing, LLC Marco Rodriguez Richman Group Affordable Housing Corp.

Kevin Hoffman Rito Magallanes Rito Magallanes Rocky Mountain Mortgage Company Dean Inniss Roe, Brad Bradley Roe Rudolph Chevrolet Mike Ruffin S & J Drywall, LLC Yair Jalil & Sergio Jalil Saldivar Electric, Inc. Martin A. Saldivar Sarabias Blue Sanitation Monica Brown SBNG, P.C. Tyler Smith Segura Framing Erika Segura Senercon Javier Ruiz Senpai Training and Development Leonardo Corral Sergio Herrera Framing Sergio Herrera Serrano's Construction Juan Serrano Service Master Commercial Heidi Avedician Sherwin Williams Paint Cruz Lopez Sierra Title Company /Lawyers Title Angelique Roman, Marielsa Pulido Simpson Strong-Tie Company, Inc. Ken Donham Snappy Publishing Ted Escobedo Soil Mechanics Lorenza Escareno Solar Smart Living Larry Perea Southwest Décor El Paso Corporation Chris Matthews Southwestern Prewire Joe Trejo Spectrum Technologies Miled Daou St. Mary's Custom Shutters Dolores Lopez

11

Startech Heating and Air Conditioning Luis Procter Stewart Title of El Paso Cindy Bilbe Stone City Rocks Chris Baca StrucSure Home Warranty Scott Whisenant Su Casa Magazine Bob Skolnick Sun City International Doors Jorge Carmona Sun City Spray Foam Fred Reynolds Sun City Winnelson Dean Moore Sun West Windows and Glass Ernie Hernandez 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 The Iron Snail Inc. David Zuniga Trane Residential Solutions Robert Meske/ Kathleen Chacon TRE & Associates Linda Troncoso Trim Team Juan & Kris Hernandez USA General Contractors Javier Olmos Value Stone Isabel Chacon Vision Consultants, Inc. Kelly Sorenson VMP Painting Victor Prieto W.W. Sales Eric Hoppes Western Heritage Bank Kathy Carrillo WestStar Home Loans Cinco Houghton WestStar Bank David Osborn WestStar Title Rachel Valles Whirlpool Gwen Walker Wolf Air Arturo Alcantar X Construction Emmanuel Chavarria

$299.99 plus tax $699.99 non-members plus tax

Introducing the NEW Texas Association of Builders Model Construction Safety Program & Jobsite Safety Standards Package© (Model Safety Plan) Version 4.0.

Texas Association of Builders

Model Construction Safety Plan The NEW plan includes the addition of recent OSHA requirements such as: Permit Required Confined Spaces Crystalline Silica Standards Access to the previous version of the Model Safety Plan is no longer available. To purchase the new online Model Safety Plan Version 4.0, visit TexasBuilders.org.

This plan is available to TAB members for only $299.99 (plus sales tax).

You will receive: • TAB’s Model Construction Safety Program & Jobsite Safety Standards Package© that includes a User Guide and the Model Safety Plan.

• Access to a new webinar that will train you and your employees on the use of the Model Safety Plan.

• Upon completion of the webinar, a Certificate of Completion stating that you have completed the webinar that provided you with detailed information on developing your company’s safety plan using TAB’s OSHA-reviewed Model Safety Plan. Please watch to the end of the webinar for instructions on obtaining your certificate.

12

Builders Outlook

2018 Issue 8

New MEMBER decal great for business The new Real Texas Builder MEMBER decal has been a hit with our membership as we proudly announce our affiliation with the EPAB and TAB. “The decal was designed with our new trade mark “Real Texas Builder” and the logo of the EPAB as well as the TAB Star with blue background,” said Ray Adauto. He told the Outlook that he hopes all members use the logo as it goes along with a consumer awareness campaign the association is doing.

“We’re tying in our builder and associate members to the fact that the members are involved in the industry and are professional enough to be members,” he said.

At a recent visit Ray got the decal changed at both Foxworth-Galbraith Lumber and at Builders Source Appliance Gallery. “We’re proud to let our customers know we belong to the EPAB,” said David Samaniego with Builders Source. “We always have the association decal on our entryway so now we have the newest version,” he continued. Dan Villareal at Foxworth Galbraith was quick to let Ray change it out as well. “We support the association and are proud to have a membership with them, so we need to let our customers and vendors know by displaying the fact,” Dan said.

Housing Affordability Hits 10-Year Low

Rising home prices and interest rates pushed housing affordability to a 10-year low in the second quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today.

In all, 57.1 percent of new and existing homes sold between the beginning of April and end of June were affordable to families earning the U.S. median income of $71,900. This is down from the 61.6 percent of homes sold in the first quarter that were affordable to medianincome earners and the lowest reading since mid-2008.

The national median home price jumped from $252,000 in the first quarter of 2018 to $265,000 in the second quarter—the highest quarterly median price in the history of the HOI series. At the same time, average mortgage rates jumped by more than 30 basis points in the second quarter to 4.67 percent from 4.34

percent in the first quarter.

“Tight inventory conditions and rising construction costs are factors that are holding back housing and putting upward pressure on home prices,” said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. “Meanwhile, tariffs on Canadian lumber imports into the U.S. are further eroding housing affordability. Builders are struggling to manage these costs to ensure pricing does not outpace expected gains in wage growth.”

“Rising household formations, along with a strong economic expansion in the second quarter that has fueled job growth, will support housing demand in the second half of 2018,” said NAHB Chief Economist Robert Dietz.

“However, growing trade war concerns and the expectation of higher mortgage rates are additional headwinds negatively affecting housing affordability.”

Syracuse, N.Y., was the nation’s most

affordable major housing market. There, 89.1 percent of all new and existing homes sold in the second quarter were affordable to families earning the area’s median income of $74,100.

Meanwhile, the nation’s most affordable smaller market was also located in the Empire State. In Elmira, N.Y., 97 percent of homes sold in the second quarter were affordable to families earning the median income of $71,000.

Rounding out the top five affordable major housing markets in respective order were Scranton-Wilkes Barre-Hazleton, Pa.; Harrisburg-Carlisle, Pa; Indianapolis-CarmelAnderson, Ind.; and Youngstown-WarrenBoardman, Ohio-Pa. Smaller markets joining Elmira at the top of the list included Kokomo, Ind.; DavenportMoline-Rock Island, Iowa-Ill.; Cumberland, Md.W.Va.; and Wheeling, W.Va.-Ohio.

San Francisco, for the third straight quarter, was the nation’s least affordable major market.

There, just 5.5 percent of the homes sold in the second quarter of 2018 were affordable to families earning the area’s median income of $119,600.

Other major metros at the bottom of the affordability chart were located in California. In descending order, they included Los Angeles,Long Beach-Glendale; Anaheim-Santa AnaIrvine; San Jose-Sunnyvale-Santa Clara; and San Diego-Carlsbad.

All five least affordable small housing markets were also in the Golden State. At the very bottom of the affordability chart was Salinas, where 9.8 percent of all new and existing homes sold were affordable to families earning the area’s median income of $69,100.

In descending order, other small markets at the lowest end of the affordability scale included Santa Cruz-Watsonville; Napa; San Luis Obispo-Paso Robles-Arroyo Grande; and San Rafael.

In Texas anyone with a truck and a hammer can call themselves a builder. Protect your biggest investment by choosing a Real Texas Builder, a member of the El Paso Association of Builders.

A Real Texas Builder is a professional who invests in our community and works hard to build you the best home money can buy.

Real Texas Builders are genuine, legitimate, educated and committed to the advancement of the home building industry.

Visit www.elpasobuilders.com for a list of our ‘Real Texas Builder’ members. © 2018 El Paso Association of Builders • 6046 Surety Drive • El Paso • Texas • 915-778-5387

2018 Issue 8

13

Builders Outlook

Upcoming Events

New Members

September 13 Board Meeting 12 Noon EPAB Office

SEPTEMBER 20 Builders Seminar

By Centricity EPAB Office

September 15 Deadline for Early entries Real Texas Builder Awards

September 30 Final deadline entries Real Texas Builder Awards

Soda Sponsor HUB INTERNATIONAL

/ /$!-! . )+-! %* ./+-! "+- 4+0 /$ * &0./ #-! / -% ' * ./+*! ,-+ 0 /. -+) -% ' ./+*! #( .. !- )% /%(! * ,+- !( %* /+ 2++ "(++-%*# , 1!-. * )+-! $! 5-./ * )! %* -% ' %. 4+0- ,( ! "+- )+-! (( +- 1%.%/ 0.

)!-% . 1! ( .+ !3 .

-

- -% ' /+*! 1!-. - *%/! ( /! (++-%*# ( .. (+ ' +-!

S h o w ro o m :

9400 Gateway East El Paso, TX 79907 (915) 593-1301 (800) 356-9546 www.efbmi.com

KELLER WILLIAMS REALTY Susan Flores 6006 N. Mesa, Ste. 1100 El Paso, TX 79912 915-209-1701

MARAVILLA HOMES Victor Robles 2412 Savannah El Paso, TX 79930 915-328-8599

LEON REAL ESTATE Jorge Leon 7500 Viscount, Ste. 125 El Paso, TX 79925 915-726-7637

MORENO CARDENAS, INC. Roberto Moreno 2505 E. Missouri Ave., Ste.100 El Paso, TX 79903 915-532-2091

MAGICSTONE Marco Gomez 6821 Market El Paso, TX 79915 915-843-2500

BLUE SAGE HOMES, LLC Jaime E. Gonzalez 145 East Sunset Rd., Ste F200-293 El Paso, TX 79922 915-787-9175

14

Builders Outlook

2018 Issue 8

Community News

Bonded Builders Warranty Group, Bankers Warranty Group Merge ‘Centricity’ brand launched Bankers Warranty Group (BWG) and Bonded Builders Warranty Group (BBWG) combined their strength and heritage to become Centricity, a service and protection powerhouse. Centricity combines a leading innovator in service contracts with America’s #1 new home warranty provider to form the most comprehensive risk management solution provider, centered around the customer.

“Our new brand showcases our

Hyundai Sun Bowl tickets now on sale Game Date set for New Year’s 2018

Tickets for the 85th Annual Hyundai Sun Bowl are on sale now through Ticketmaster and the Sun Bowl Association office. The 2018 Hyundai Sun Bowl will kick off at 12 p.m. (MT) Monday, Dec. 31, 2018.

The Sun Bowl features teams from the ACC and Pac-12 conferences.

Tickets for the game can be purchased online through the link at www.sunbowl.org or by calling the Sun Bowl Association office at 915-533-4416. Fans are also invited to stop by the Sun Bowl Association office in El Paso at 4150 Pinnacle Street, Suite 100 to purchase tickets. Fans have already begun purchasing tickets and renewing their ticket plans.

“I am continually amazed that our local fans are so loyal to this longtime tradition and to see how excited they are every year to return to the Sun Bowl for great football games,” said Hyundai Sun Bowl Executive Director Bernie Olivas. “Our game is an El Paso tradition and the prices for tickets are very affordable, especially when one compares it to other forms of entertainment.”

The Hyundai Sun Bowl also works with Ticketmaster and fans can visit www.Ticketmaster.com, call the Ticketmaster toll free line at 800-745-3000 or download the Ticketmaster mobile app for both iOS and Android to purchase tickets. Tickets purchased through Ticketmaster will have additional handling and convenience fees.

Ticket prices start at just $22 with other options priced at $32, $47, $57 and $62. A map of the stadium’s layout can be found at www.sunbowl.org.

associates dedication, variety of services and more than 35 years of industry experience. I take pride in working for an organization whose mission is around people helping people, with a team focused on customer experience. Even from states away, I am confident our corporate team is providing the best service to both our builders and homeowners,” said Brent Morgan, Regional Sales Manager.

The launch of Centricity allows

the company to become a singlesource solution provider offering customized programs for clients including builders, retailers, manufacturers, and distributors.

Centricity creates comprehensive programs across a range of products including service contracts, warranty and contact center solutions.

Centricity offers various unique products to the builder channel, from classic new home warranties

to energy efficiency programs. As a Centricity builder member, you have access to more products that differentiate you from the competition and provide your homeowners with complete protection. According to Morgan, this means with over 25 years of experience protecting the American Dream, Centricity can provide builders and the home buyer peace of mind protection.

Builders Outlook

2018 Issue 8

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 ASSOCIATES VICE PRESIDENT Sam Shallenberger ExEcuTivE vicE PRESiDENT Ray Adauto PAST PRESiDENT Don Rassette â– cOMMiTTEE cHAiRS Membership Ted Escobedo Patrick Tuttle

El Paso Disposal

772-7495

Luis Rosas, HUB International Brenda Aguirre, Rocky Mountain Mortgage 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

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

For All Your Electrical Needs Residential Specialists Tract Homes • Custom Homes Total Customer Satisfaction

915-208-9313 800-853-3996

2017 Associate Of The Year Charles “Chuck� Haskins Haskins Electric

Give your customers the ‘option of the sun’ Now more than ever, El Paso home buyers are planning for the future.

Insurance developed for builders.

Developed for builders with the backing of the strongest insurance carriers serving the Texas building industry, our insurance program offers flexible coverage options and rates that are more competitive than ever. As an authorized member of Builder Agent NetworkŠ, we’re dedicated to providing builders and contractors with the best-in-class insurance programs, pricing, underwriting, resources and service.

Product Portfolio Highlights t “Aâ€? rated carriers, several available t (- PĂŞFSJOH Doverage for property damage that results from faulty, defective, or poor workmanship in your work. t (- -JNJUT PG VQ UP . . . Bvailable t Expanded policy form for commercial projects t Builder’s Risk master policies, monthly reporting, annual and one shots t Workers’ Comp - Two highly cost-effective programs t ExDFTT -JBCJMJUZ GPS $PNNFrcial (eneral Contractors t $PNNFrcial Umbrella El Paso, Permian Basin and Surrounding Area

Border Solar can help you oer your customers solar power as a sensible alterna ve.

Crossing to Clean Energy

7365 Remcon Circle El Paso, TX 79912 (915) 613•4168

The future starts today. follow us on twi er and facebook: BorderSolar

HUB International Insurance Services -VJT 3PTBT 915-206-6047 www.hubinternational.com

www.builderagentnetwork.com

3529,,',1* (/ 3$62 $ 62/,' )281'$ $7 7,21 72 %8,/' 21 )25 29( (5 <( ($56 56

/2 20$ 9( 9(5'( (/ 3$6 62 7( (;$6 (;

:: :: : 07 7,5( ($'<0 0,; &20