www.elpasobuilders.com
VOL 2019 ISSUE 8
BuildersOutlook PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS: NATIONAL, STATE AND LOCAL HOME BUILDING INDUSTRY NEWS
Housing and Mortgage Trends for the Rest of 2019 Source: https://finance.yahoo.com
The first half of 2019 surprised housing markets across the country: Mortgage rates fell. That’s the opposite of what the experts had predicted at the beginning of the year, and it’s welcome news for home buyers, sellers and homeowners. Millions of owners could benefit from refinancing at these unexpectedly lower rates. In other ways, housing forecasters’ predictions for 2019 were correct. Buyers are still competing for a short supply of homes, but the market isn’t quite as tilted in favor of sellers as it seemed six months ago. Home prices continue to rise, but not as fast as they have over the past few years. Many would-be buyers struggle with affordability. NerdWallet has identified these housing and mortgage trends to watch in the second half of 2019. 1. Wanted: More homes for sale In real estate, it’s been a seller’s market since August 2012. More would-be buyers exist than homes for sale, giving sellers a stronger negotiating position. While the market still favors the seller in most places, the balance of power is moving in the buyer’s direction. More homes are available for sale now, so buyers have greater choice. In April, there were 1.83 million pre-owned homes for sale, an increase of 30,000 from the same month last year. Meanwhile, 327,000 new single-family houses were for sale, an increase of 33,000. Even with thousands more homes on the market, there’s still a shortage of homes for sale. Freddie Mac estimates that in 2017, 370,000 fewer homes were built than needed to satisfy demand resulting from population growth. “Until construction ramps up, housing costs will likely continue rising above income, constricting household formation and preventing homeownership for millions of potential households,” Freddie Mac concludes. 2. Home prices will keep going up Toward the end of last year, many forecasters predicted that home prices would continue to rise in 2019, but at a slower pace. They were right. In the first four months of 2019 (the latest numbers available), buyers were paying more for resold homes than a year before — but the year-over-year price increases each month were less than 4%. For the same period in 2018, year-over-year prices were more than 4.5% higher. “Home price appreciation will slow down — the days of easy price gains are coming to an end — but prices will continue to rise,” says Lawrence Yun, chief economist for the National Association of Realtors. The NAR predicts that home prices will continue hitting the brakes and that year-end prices
will be 2.2% higher than at the end of 2018. Not everyone believes the pace of home prices will slow much in 2019. Fannie Mae has revised its price forecast, but it still predicts that prices for existing homes will rise 4.3% this year. 3. Mortgage rates will remain low Fannie Mae, Freddie Mac and the National Association of Realtors all predicted that mortgage rates would rise through 2019. Instead, mortgage rates have tumbled. After peaking at 5.09% in November 2018, the average APR for a 30-year fixedrate mortgage fell to 4.09% by June 2019, a decline of a full percentage point, according to NerdWallet’s daily mortgage rates survey. The forecasters now predict that the 30year fixed will remain relatively steady through year’s end, not changing by more than a couple of tenths of a percentage point. The unexpected drop in fixed mortgage rates means fewer people are getting adjustable-rate mortgages. At the end of 2018, experts thought rising rates would cause a surge in ARMs this year. With fixed rates dropping back to enticing levels, that surge never happened. Interest rates have been falling based on the perception that the economy is cooling off, and because of trade tensions between the United States and China. The Federal Reserve, which typically cuts short-term interest rates in response to economic weakness, is expected to reduce rates at least once by the end of 2019, which could ease upward pressure on long-term mortgage rates. 4. Affordability continues to be a concern Even as home price growth slows and mortgage rates fall, home buyers still have difficulty affording homes — especially firsttimers toward the less expensive end of the market. “While affordability is much better than we expected it to be, rising prices have offset much of the benefit of lower mortgage rates,” says Danielle Hale, chief economist for Realtor.com. “What that means for the individual buyer is that their monthly payments might be roughly the same as if you had bought a year ago.” Mark Boud, chief economist for Metrostudy, calls the national housing market “top-heavy.” He means that there are plenty of homes available for buyers who can afford to pay $800,000 or more. But buyers outnumber sellers of homes priced $400,000 or less. “We’re still very short of supply in this lower price range,” he says. The share of newly built homes under $400,000 has gone down. In April 2018, 67% of new homes sold for less than that price; this April, 64% did.
5. More people could save by refinancing While the drop in mortgage rates benefits home buyers, it’s good for homeowners, too — specifically, homeowners who would snag lower monthly payments by refinancing into a mortgage with a lower interest rate. Every time rates fall, there’s an increase in the number of homeowners who could save money by refinancing. Black Knight, a technology provider for the mortgage industry, estimates that 5.9 million homeowners could cut 0.75% or more from their mortgage interest rate by refinancing. Does a lower mortgage interest rate automatically mean that you should refinance? No. You might benefit from a smaller rate decrease, or you might have to wait for a bigger rate drop. A mortgage refinance calculator can help you figure out the ideal time to refinance, which can depend on the rate difference, your loan size, how long you’ve had your mortgage, the loan fees you’ll have to pay and how long you plan to have the refinanced loan. Even if you bought your home recently, it’s worth checking whether you should refinance. Black Knight estimates that 953,000 homeowners who got mortgages in 2018 could save an average of $162 each month by refinancing. 6. New homes get bigger From a home buyer’s perspective, most markets need more houses for sale, and they need to be on the affordable end of the price scale. After all, many first-timers buy starter homes instead of forever homes, with prices below the area’s median. Sizes of new homes trended mostly downward in 2018, but the median home size went up in the first quarter of 2019. Builders construct larger homes during economic recoveries “as high-end
homebuyers … return to the housing market in relatively greater proportions,” wrote Robert Dietz, chief economist for the National Association of Home Builders, in a May blog post. Year-over-year median prices for new homes followed the increase in size, going up sharply in April to $342,200 — an 8.8% increase over the median price 12 months earlier of $314,400. 7. Attention is on first-time buyers The mortgage and real estate industries are focused on serving first-time home buyers, and for good reason: There’s a lot of pent-up demand. Tian Liu, chief economist for Genworth Mortgage Insurance, says roughly 3 million first-timers delayed buying homes between 2007 and 2015. Those buyers are “reaching that age when they can no longer delay,” Liu says. “Their housing needs are really catching up with them. It doesn’t feel right to be raising a family in a rental apartment. They want to own their place. So I think those drivers will be very significant for the next few years.” From the early 1990s to around 2005, first-timers accounted for roughly 40% of home sales, according to NAR research. That share soared to 50% in 2009, then fell; it was 33% in 2018. With millions of millennials reaching their 30s, market forces could cause the first-timer share to rise again in the coming years.
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President’sMessage
Anti-immigration sentiment and the labor crisis
Sergio Cuartas President El Paso Association of Builders
I am truly privileged to write these lines to the hardest working, the most prominent and diverse group of business people in our El Paso Strong Association of Home Builders. On Saturday August 3rd, a 21 year old kid drove about 10 hours from east Texas to El Paso, to kill as many “Mexicans” as his civilian version AK 47 would allow (according to a local arrest affidavit). Many people believe the cause of such an act of terror to be mental illness, past trauma or kids playing too many video games. Others attribute the killings to youth indoctrination into radical extremist hate cultures and conspiracy theories such as the white supremacist “great replacement”. Our kids are psychologically kidnapped from our society at an early age as the three Denver girls who were caught in Frankfurt before they could join ISIS in 2014 who were lured with the promise
of “sense of belonging” or “making a difference”. El Paso events along with Dayton, Las Vegas, Orlando, Virginia tech, Sandy Hook, etc. made me remember the 80s when I was growing up during the times of Pablo Escobar, the guerrillas and paramilitary wars in Colombia. It seemed that every week we would hear about a car bomb that went off somewhere, killing many, or a plane that was shot down or a complete town which was totally massacred. The constant flow of horrifying news desensitized us to where those events became the norm as it is common in many places in the world today. A good friend of mine told me that she felt ashamed of being white. I was extremely sad and shocked as our racial divide dawned on me. Others were really depressed or disconcerted by the chaos. Others yet believe that the cause could be the easiness with which one can buy assault weapons in the US. Others talk about how evil can be done not just with guns as the Boston marathon bombers did in 2013 injuring hundreds of victims using homemade bombs or the 2016 Nice, France truck driver who killed more people than in the deadliest mass shooting in the US,
injuring hundreds as well. Mass shootings may be the least of our problems. In 2016 there were about 38,000 gun related deaths in the US with 22,000 of them being suicides and 16,000 homicides with merely 71 deaths in mass shootings. Many believe that there is no regulation that can combat these issues. Some believe that the second amendment may be obsolete while others believe that it is more relevant than ever, especially those with concealed carry permits. I encourage you to listen to all sides, all views, and all issues. We cannot allow ourselves to become indoctrinated by the media or by the internet algorithms who feed us only what they think we want or need to hear. We could choose to be open minded to listen to others views and connect with other cultures if we are to defeat the evil who threatens our beautiful USA and the world. We can clearly realize that we are not only facing gun violence or hate propaganda, but also fear-inflicting, anti-immigration rhetoric, which could be compounding the labor shortage crisis which is dramatically affecting our industry and our country. It is awfully hard to find US citizens who would gladly work building rock walls,
roofs, concrete foundations or framing. According to the Bureau of labor statistics the number of open construction positions in the US in May 2019 was 369,000 while the quota for work visas for the construction industry is only about 15,000/year. The average age of a master plumber in TX is 58 years old. Fortunately there are thousands of people who are willing to travel to the US and do these jobs on a work visa. That is one solution which we have not been able to implement because our politics are incredibly polarized as we allow ourselves to be indoctrinated. Because of simple economics we could be in favor of allowing people who have clean records and who want to join the US labor force to do it legally. We could also adopt comprehensive immigration reform and free trade as compared to trade wars and closed labor markets. This is immensely important for our industry as millennials, which are the largest segment of the population are entering the home buying market at a rapidly growing rate, especially when home affordability keeps declining.
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Executive’sMessage
Ray Adauto Executive Vice President El Paso Association of Builders
EPAB is El Paso Strong No one can imagine the unimaginable. No one can comprehend what kind of evil this was. No one can imagine the pain for those directly affected. No one can fathom that it would happen here. On the night of the public memorial at Southwest University Park, home to our Chihuahuas Triple A team I found myself writing this. I worked as the public address announcer for the team and that experience is the background. “ I look at the field perfectly manicured, reserved for baseball and base slides. But not tonight. Instead that field of green is home to sadness with symbols of condolences and prayer. It holds the flowers of hope and of healing.
My field of dreams is now front and center in prayers and images I never thought I’d see. While politicians talk of the crime it is the people who came with heavy hearts and dreams of speaking unity and love. It really is a field for all. A field of Hope. Amen.” © 2019 Ray Adauto To all of you that have reached out to my community, thank you. To Vanilla Ice who graciously sent a video message to us, thank you. To Raul Flores, Hercules Industries employee who lost both his mother and father, our prayers are with you. I promise you this. El Paso and our surrounding communities will recover, showing the world that we are #ELPASOSTRONG.
The 22 killed at the shooting
Jordan Anchondo, 24 Andre Pablo Anchondo, 23 Arturo Benavides, 60 Leonardo Cipeda Campos, 41 Maribel Loya Campos, 56 Maria Flores, 77 Raul Flores, 77
David Alvah Johnson, 63 Luis Alfonso Juarez, 90 Elsa Mendoza De La Mora, 57 Margie Reckard, 63 Javier Amir Rodriguez, 15 Angelina Silva-Englisbee, 86 Juan Velazquez, 77 (USA) Alexander Gerhard Hoffman, 66 (Germany) Sarah Esther Regalado Moriel, 66 Adolfo Cerros Hernandez, 68 Jorge Calvillo Garcia, 61 Gloria Irma Marquez, 61 Maria Eugenia Legarreta, 58 Ivan Manzano, 46 Teresa Sanchez, 82 (Mexico)
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NationalOutlook Single-Family Starts Show Modest Improvement Due to a decline in multifamily production, total housing starts fell 4 percent in July to a seasonally adjusted annual rate of 1.19 million units from a downwardly revised reading in June, according to a report from the U.S. Housing and Urban Development and Commerce Department. The July reading of 1.19 million starts is the number of housing units builders would begin if they kept this pace for the next 12 months. Within this overall number, single-family starts increased 1.3 percent to 876,000 units. The multifamily sector, which includes apartment buildings and condos, fell 16.2 percent to a 315,000 pace. “Despite housing affordability headwinds, builders remain confident about the market and this is reflected in recent modest gains in single-family starts,” said Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn. “Permits bottomed out in April and single-family starts hit their low point in May, and now we are starting to see the gradual improvement in the market that we’ve been forecasting,” said NAHB Chief Economist Robert Dietz. On a regional and year-to-date basis, combined single-family and multifamily starts in July rose 3.7 percent in the South. Starts declined 5.7 percent in Northeast, 7.9 percent in the Midwest and 12.3 percent in the West. Overall permits, which are a
harbinger of future housing production, increased 8.4 percent to a 1.34 million unit annualized rate in July. Singlefamily permits edged 1.8 percent higher to a 838,000 rate while multifamily permits jumped 21.8 percent to a 498,000 pace. Looking at regional permit data on a year-to-date basis, permits rose 2.4 percent in the Northeast. Permits fell 7.1 percent in the Midwest, 0.1 percent in the South and 6.8 percent in the West.Looking at regional permit data, permits rose 21.9 percent in the Northeast. Permits fell 10.4 percent in the South, 7.9 percent in the West and 0.6 percent in the Midwest.
Confidence Higher as Interest Rates Move Lower Builder confidence in the market for newly-built single-family homes rose one point to 66 in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Sentiment levels have held at a solid 64-to-66 level for the past four months. “Even as builders report a firm demand for single-family homes, they continue to struggle with rising construction costs stemming from excessive regulations, a chronic
shortage of workers and a lack of buildable lots,” said NAHB Chairman Greg Ugalde, a home builder and developer from Torrington, Conn. “While 30-year mortgage rates have dropped from 4.1 percent down to 3.6 percent during the past four months, we have not seen an equivalent higher pace of building activity because the rate declines occurred due to economic uncertainty stemming largely from growing trade concerns,” said NAHB Chief Economist Robert Dietz. “Although affordability headwinds remain a challenge, demand is good and growing at lower price points and for smaller homes.”
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2 0 1 9 - 2 0 2 1 TA B C O N T R A C T S T E X A S A S S O C I AT I O N O F B U I L D E R S I S H E R E TO H E L P P R OT E C T YO U ! Updated TA AB Contracts will reflect the most recent legislative changes affecting the homebuilding industr y in Texas. TAB A ’s current Texas Residential Construction Cont o racts Package subscription will expire August 31, 2019 9.
www.TexasBuilders.orrg
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ElPasoOutlook El Paso Builder Market Break-Down By the El Paso Association of Builders Market Intelligence Committee
In an ongoing effort to provide member value for the El Paso association of Builders, the Market Intelligence Committee has been tasked with compiling valuable market insight for our members. This is the 3rd article of a monthly reoccurring market breakdown to be featured in the Builders Outlook. Below you will find detailed market information relevant to those in the home building industry. 3rd Quarter El Paso Association of Builders Survey: Participation: The overall number of respondents was low, 26 builders, and only 16 associate members. Biggest challenge as Builders?: Labor 69% Lots 23% What is your optimism of market health?: (Buiders) Positive 58% Very positive 23% Neutral 19% Expected market change?: Improving 65% Remains the same 35% The city of El Paso is going to ask for nearly $1Billion bond in November. Do you know anything about this? NO 81% Associates: What is your optimism of market health?: (Associates) Positive 69% Very Positive 19% Negative 6% Expected market change?: Same 63% Improve 31% Decrease 6% What remains your biggest roadblocks? product imports, increasing home prices, lot avails to builders, land 79% say the roadblocks are the same from previous survey The city of El Paso is going to ask for nearly $1Billion bond in November. Do you know anything about this?
Texas Housing Affordability MSA’s First Quarter 2019
69% YES
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FinancialOutlook China is Slowing and It’s Their Fault Elliot Eisenberg Economic & Policy Blog
Over the last several years, the economic data coming out of China has not been particularly good; GDP growth in 19Q2 was 6.2%, a threedecade low. While the Chinese publicly say that the trade war with the US and global slowing are the culprits and that 6.2% is not bad for a middle-income nation, the weakening growth is a sign of a much more serious problem. In short, despite, or more accurately because of the policies pursued by President Xi, China will, like most nations, fail to make the leap from middle-income to wealthy, and in the process will fail to overtake the US as the globe’s largest economy. To begin with, official data overestimates true growth. A recent paper that looked at real Chinese
economic activity by drilling down to tangible visible variables, such as electricity consumption and port activity, found that growth between 2010 and 2016 was about 20% slower than what was reported. As a result, Chinese GDP is not $14 trillion, but closer to $11.5 trillion, and thus per capita GDP is about $8,300 not $10,000, a big difference. For purposes of comparison, US per capita GDP is about $62,000, in Japan it is about $40,000 and in Mexico it is about $10,000. In addition, Chinese growth at this stage of their economic development is not keeping up with the growth patterns of Japan, South Korea and Taiwan, the economies China is most trying to emulate. Those nations all experienced many decades of superfast growth and only began to slow as they approached developed nation status; the 1970s for Japan, and the late 1980s and early 1990s for the others. By contrast, China’s growth rate has been consistently below that of the trio above at similar stages of
development. For example, when Taiwan’s per capita income was where China’s is today, Taiwan kept growing at 7.5% for another decade while South Korea grew at 6.3%. China will soon have a hard time keeping growth much above 5%. This slowdown is the result of China’s commitment to state control over the economy. Making matters worse, since about 2005, the government has tightened its control over the sectors of the economy it considers militarily or economically strategic. As a result, competition in those areas has decreased and productivity and economic growth have slowed. Another reason for slipping growth is an overreliance on debt to stimulate the economy whenever growth slows. As a result, the Chinese debt-to-GDP ratio is three times higher than that of its east Asian peers at similar stages of development. This huge debt overhang not only limits the use of fiscal policy in the future but is compounded by an overreliance on infrastructure
spending. Decades ago, when roads were bad and housing was drastically substandard it made sense, but no longer. As a result, the return on capital has plummeted from almost 20% in 2007 to 8.4% in 2017. In closing, think about it this way. If GDP growth in China averages 6% in the 2020s, 5% in the 2030s, 4% in the 2040s, and 3% in the 2050s, by 2060 China’s economy will be 50% bigger than ours. But if, as is more likely given the problems just discussed and given irreversible demographic trends resulting from the now discarded one baby policy, Chinese growth is just one percentage point/decade lower (thus averaging 5% growth in the 2020s, 4% in the 2030s, 3% in the 2040s, and 2% in the 2050s), China will, at best, come close to catching the US. And as their population is four times larger, they will forever remain a relatively poor nation. Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at Elliot@graphsandlaughs.net. His daily 70-word economics and policy blog can be seen at www.econ70.com.
EventsOutlook Texas Builders meet at Sunbelt Show, Vanilla Ice sends love to ELP The annual Sunbelt Builders Show brought in thousands of visitors to the Gaylord Texan in Grapevine on August 6. The show was a part of the Texas Association of Builders summer meetings. The showstopper was the opening act, Vanilla Ice aka Rob Van Winkle. He is a Dallas area native and highly successful recording artist and now a successful builder with a television program called “Vanilla Ice Project� shown around the country. Vanilla Ice opened the Sunbelt Show in a rousing audience participation program that included a Q&A from the audience and then a live performance of his hits including “ICE, ICE Baby� which he wrote at age 16. The four-day event included a quick version of meetings and a Board of Directors meeting on the last day of the event. This was the final TAB Board meeting for outgoing President Robert Wood. “I want to say that I have enjoyed being President of TAB so much, particularly meeting all the fine hard-working men and women affiliated with us,� Wood told the Outlook. “I think that we have great leadership coming up in Randy (Bowling), he’ll do us proud,� he continued. Randy Bowling, Tropicana Homes will ascend to the office of President on November 21 at the fall board meetings in Austin. The TAB meetings will be held at a new location for TAB, the Line Hotel located at First Street and Congress.
TAB will have a select number of rooms available on a first come, first served basis. That room block opens soon and will be announced in an email. The show occurred just three days after the massacre in El Paso, and as such the EPAB members in attendance were all given prayers and wishes of hope. Vanilla Ice cut and we posted a 35 second video he did for the community. “I want you to let the people of El Paso and Juarez to know that I am saddened with the tragedy,� he told Ray Adauto. “I want you to know that this evil will not define El Paso.� The TAB meetings were hopeful and looking forward to 2020 with a word or two of caution. “We must guard ourselves as the politics of the state affect housing,� said Scott Norman, Executive VP of TAB. “We must remember that we are neither a “D� or “R� when we go to the legislature, we are an “H� for housing,� he told the board. Clearly the state of Texas has grown and with that growth come political changes. TAB has a long history of success with the legislature and that won’t be affected by who or what party is in control of the legislature. “One thing our members can count on is our efforts to ensure that new home construction is safe and viable in Texas,� Norman said. The next TAB meeting will be November 20-23 in Austin. The new venue is sure to attract many especially those from El Paso looking forward to Randy Bowling’s installation.
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August General Meeting: EPAB meets EP Electric CEO EPAB meets EP Electric CEO The membership meeting on August 15 featured the “interim” El Paso Electric Company CEO Adrian Rodriguez as our keynote. Rodriguez received his Bachelor of Arts with highest honors in Economics and Government from the University of Texas at Austin where he was a State of Texas recipient of the 1999 Truman Scholarship, a Master in Public Policy from Harvard University where he was the editor-in-chief of the Harvard Journal of Hispanic Policy, and a Juris Doctorate from Columbia University School of Law where he was a managing editor of the Columbia Law Review. But he reminded the audience that he is also a graduate of Eastwood High School, something elicited a strong reaction from past President Edgar Montiel. “I’m a trooper also,” Montiel said to Rodriguez who then revealed his graduating class. As it turns out they graduated a year apart. Mr. Rodriguez talked about the sale of the company to JP Morgan investment and said the sale was a positive for the electric company and the customers. “What we have here is a relatively small company when it comes to utility companies in the country, so the transaction is really regional in nature,” he said. He went on to remind the audience that EPE has partnered with the EPAB for decades and in spite of any hiccups we’ve always worked things out. “Our commitment to the association is strong and we appreciate what we do together,” he continued. The Community Outreach Committee was honored by the members of St. Pius X volunteers who asked for support from the association. Laura Loy and Angelique Roman both thanked the association members who were generous in getting paint, lumber, nails, supplies and money to the group. A large number of volunteer kids and adults from Iowa spent a week working on homes out in the eastside colonias. Members also remembered the victims of the shooting in El Paso with a moment of silence and prayer.
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EPABMembers&Services Builder-DeveloperMembers BUILDER & DEVELOPERS Bain Construction Scott Bain 915-852-8620 Althon Investments, LLC Jose Luis Martin (915) 532-3100 Bella Vista Custom Homes, Inc. Edgar Garcia 915-433-4854 BIC Homes Antonio Cervantes 915-855-8236 Blue Sage Homes, LLC Jaime Gonzalez 915-787-9175 Carefree Homes Richard Aguilar 915-590-8511 Casas De Leon, LLC Nick Bombach 915-584-5050 Cisco Homes LLC Francisco Arroyos III 915-633-8002 Classic American Home Priscilla Hernandez 915-593-7707 Crown Heritage Homes Lydia Mlouhi 915-252-8193 CS Custom Homes Steve Gonzalez 915-346-1107 Cullers & Caldwell Builders John Cullers 915-584-5600 Cullers Homes Jason R. Cullers 915-584-5600
D B Innovations LLC Dan Berry (915) 283-7558 Dawco Home Builders Walter O. Lujan 915-587-5267 Deal 2 Deal Custom Homes Delton Deal 915-217-9233 Del Rio Engineering, Inc. Sal Masoud 915-833-2400 Diamond Homes, LLC Valerie Baquera 915-449-9044 E. Valencia Land Development LLC Eddie Valencia 915-855-0622 Eclat Homes & Designs Veronica Guerra (915) 630-6729 Edward's Homes, Inc. Eduardo Fernandez 915-849-8819 EPT Bella Custom Dream Homes Leti & Javier Navarrete 915-779-4553 EPT Land Communities David Bogas 915-838-8100 Everest Homes Edmundo Dena, Jr. 915-855-8633 Fortune Custom Homes Javier Andrade 915-856-7795 Gaddy Construction Charles Gaddy 915-581-3966 Guel Construction Rudy Guel 915-595-0979
AssociateMembers 3RD PARTY INSPECTIONS Vision Consultants, Inc. Kelly Sorenson 915-227-2100 ALARM SYSTEMS ADT Security Veronica Vazquez 915‐258‐3870 APPLIANCE DISTRIBUTORS Builders Source Appliance Gallery Sandra Lucero 915-775-1000 Morrison Supply Sam Shallenberger 915-778-3086 APPLIANCES GE Appliances Christine R. Villanueva 806-252-3683 Whirlpool Gwen Walker 505-220-3915 ASPHALT PAVING Alpha Asphalt Gabriel Chavez 915-252-6244 ASSOCIATION El Paso Mortgage Bankers Association Brenda Aguirre 915 204-3867 Greater El Paso Assoc. of Realtors Jason Sanchez 915-779-3521 Greater El Paso Chamber of Commerce David Michael Jerome 915-534-0522 ATTORNEYS Firth, Johnston, Bunn & Kerr Jay Kerr; Victor Firth 915-532-7500
AUTO HOMEOWNER INSURANCE TAB endorsed State Auto (Association Insurance Solutions) Russ Sartain, Danner Bethel 512-203-2910
Hakes Brothers LLC Chris Hakes 575-373-1120 Hanson Asset Management, LP Russell Hanson 915-842-0111 Homes by Design Leslie Driggers Hoard 915-525-4765 Hunt Communities, LLC Kathy Parry 915-298-0490 ICON Custom Builder, LLC. Carlos Garcia 915-859-3713 Industrial Realty Group Incorporated Brent D. Harris 915-877-4300 JER Custom Homes, LLC Jorge E. Rodriguez 915-929-8420 Lloyd Hamilton Contruction Lloyd Hamilton, III 915-588-8558 LMJ Construction Co., LLC Mike Lopez 915-855-2323 Loyalty Homes Gustavo Loy 915-471-1894 M A Builders & Design, LLC Mustafa Ali 915-587-9566 Maravilla Homes Victor Robles 915-328-8599 Metro Homes, Inc. Judith Arrunada, Fernando Torres 915-538-2497 Pacifica Homes, Inc Juan Jose Vasquez 915-857-1855
Padilla Homes Misael Navarrete (915) 833-3839 Palo Verde Homes Edgar Montiel 915-584-9090 Pointe Homes Carlos Villalobos 915-790-1515 Porter Homes Albert Porter 915-833-3597 R.C. Baeza & Associates Robert C. Baeza 915-857-1818 R.E. Welch Contractor Gordon Welch 915-778-9977 Rassette Homes, Inc. Donald Rassette 915-585-3330 Rio USA Fredduy Klayel 915-526-2885 Rosewood Design and Build Brianna Barnes (915) 730-4747 Santana Custom Homes Fernando Santana 915-694-4256 Southwest Land Development Services Doug Schwartz 915-592-0290 Spanish Oaks Custom Homes Juan R. Saenz 432-238-3090 The Heritage Group David Bingham 915-598-6606 Trejo Construction Co Juan Trejo
915-637-5193 Tropicana Building Corp. Bobby Bowling IV 915-821-3550 Tropicana Development Greg Bowling 915-757-1802 Tropicana Homes Randy Bowling 915-821-3550 Tropicana Properties Demetrio Jimenez 915-755-9113 Uptown Homes Residential, Inc. Francisco Baquera 915-240-4996 Vallance Construction LLC Oswaldo Prieto (915) 245-8580 Will Harvey Development Will S. Harvey 915-584-8242 Winton/Flair/Accent Homes Herschel Stringfield 915-584-8629 Zia Homes of El Paso, LLC Preston Brown 915-490-9525
Appears Alphabetically by Service or Product
BANKS/BANKING SERVICES Bank of Texas Ray Owen 915-313-6720 City Bank Texas Bob Kotarski 915-833-0267 Citizens Loan Center Jim Easley 915-275-0715 First National 1870 Ernesto Avila 915-881-6702 Vantage Bank Josie Cantu 915-594-3404 Western Heritage Bank Kathy Carrillo 915-782-2400 WestStar Bank David Osborn 915-747-1640 BATHROOM RENOVATIONS Rebath of El Paso/Las Cruces Lisa Walling 915-633-8101 BRICK Acme Brick Company Brent Smith 915-859-9171
BUILDING MATERIALS BMC Select David Quintana 915-218-5816 Boise Cascade Mike Flores 915-525-6037 DWS Building Supply Sabrina Voorhies 915-351-7300 E.F. Building Materials, Inc Efren Fraire 915-593-1301 El Paso Building Materials Ken Wade 915-549-1170 Franklin Building Materials Cristina Sheldon 915-855-3859 Simpson Strong-Tie Company, Inc.
Ken Donham 505-991-4719 Lowes Home Improvement Johnny Rodriguez 915-755-9155 McCoy's Building Supplies Doug Danner 915-751-8261 L & P Building Supply Denise McConnell 575-527-8000 Foxworth Galbraith Lumber Dan Villarreal 915-779-7777 CABINET MANUFACTURING J. B. Laminates Gina Rodriguez 915-886-5510 CABINETS Cabinet Masters Mike Robles 915-256-5012
CIVIL ENGINEERS Moreno Cardenas Inc. Roberto Moreno 915-532-2091 CONCRETE Oropeza Concrete Angel Oropeza 915-873-7391 CONCRETE & LANDSCAPING MATERIAL GCC Sun City Materials, LLC Antonio “Tony “ Chavez 915-565-4681 Jobe Materials, LP Charlie Tellez 915-298-9900 Mini Concrete Materials Joe Soto 915-852-4468 MTI Ready Mix, Inc. Tony Mullen 915-859-5767
CONCRETE ACCESSORIES & MASONRY-LANDSCAPE Border Construction Specialties Ricardo Yvellez 915-566-1688 CONCRETE WORK-POST TENSION J & H Concrete & Post Tension Jorge Herrera ‘ 915-581-3103 CONSULTING, COACHING AND TRAINING Senpai Training and Development Leonardo Corral 915-303-0743 CONSULTING/ENGINEERING LOI Engineers Bernardino Olague 915-781-1532 915-871-1190 CORPORTATE RETIREMENT PLANS Bukaty Financial Companies Group Ruth Rivera 512-796-1205 CPA Beasley, Mitchell & Co., LLP Brad Beasley 575-528-6700 James L. Ellis, CPA, PC Jim Ellis 915-593-7070 915-598-8631 SBNG, P.C. Tyler Smith 915-544-6770 Randall Smith, CPA Randall Smith 915-225-5200 915-533-8266 CREDIT UNION First Light Federal Credit Union Lorenzo Revelez 915-225-0581 GECU- Greater El Paso Credit Union Danny Galindo 915-774-4733 TFCU Yolie Melendez-Estrada 915-843-8328
CUSTOM PADS, LANDSCAPING, CUSTOM AQUARIUM, BUBBLE WALLS The Dorian Group/Ocean Gallery USA Miguel Angel Mercado 915-778-5111 DISPOSAL HAULING Demcon Disposal Management, LLC Ryan Robles 915-577-9477 DOOR SHOP/ MILLWORK SUPPLIER Trim Team 915-856-0791 DOORS Franklin Door and Trim Jesse C. Brown 940-210-0450 DUMPSTER RENTAL/SPRAY FOAM INSULATION 915 Siteworks, LLC Miguel Chavez 915-859-3713 ELECTRICAL CONTRACTORS Haskins Electric Charles B. Haskins, Jr. 915-629-9196 IES Residential Joshua Garnica 915-356-5644 Saldivar Electric, Inc. Martin A. Saldivar 915-778-7085 ENERGY STAR RATER Senercon Javier Ruiz 915-892-0547. ENGINEERING CEA Engineering Group Jorge L. Azcarate 915-544-5232. Conde, Inc. Conrad Conde 915-592-0283. TRE & Associates Linda Troncoso 915-852-9093.
2019Issue8
BuildersOutlook
EXTERIOR FOIL SHEATHING Powerfoam Insulation Arnie Pedersen 972-299-5556.
Joe Bernal Ins. & Financial Services, Inc. Joe M. Bernal 915-542-0900.
EXTERIOR PATIO PRODUCTS Modern Exteriors Hector Macias 915-857-5126
INSURANCE - RISK MANAGEMENT HUB International Luis Rosas 915-206-6023
FIREPLACES/INSTALLATION Jack White Building Specialties Claudia Lardizabal 915-855-8630 FLOORING Bordertown Carpets Brian M. Abraham 915-522-8993 FOAM INSULATION New Era Foam George Tollen 915-861-6683 FOUNDATION REPAIR & STABILIZATION G & G Enterprises Gen. Contractor Juan F. Garcia 915-726-8995 GRANITE/QUARTZ COUNTERTOPS Stone City Rocks Chris Baca 915-246-7614 HOME & AUTO INSURANCE State Auto/Association Insurance Solution Danner Bethel 512-203-2910 HOME FURNISHINGS Copenhagen Imports Flemming Carlsen 915-581-8897 915-584-7769 HOME WARRANTY 2-10 Home Buyers Warranty Leslie Schey 915-242-7699. 303-306-2222 Centricity Brent R. Morgan 800-749-0381X4790 Home of Texas Amanda Eason 210-540-7891 StrucSure Home Warranty Scott Whisenant 210-232-3947 HVAC A C Refrigeration, LLC Angel Cabrera 915-820-8503 Startech Heating and Air Conditioning Luis Procter 915-757-1982 Wolf Air Arturo Alcantar 915-694-8214 HVAC DUCTLESS MINI SPLIT Mitsubishi Electric Trane HVA 505-228-4264 HVAC EQUIPMENT Lennox Industries Brandon Walker 818-932-5063 Goodman Mfg. Jorge Guajardo 915-219-3896 HVAC SALES/INSTALLATION Belmont's Air Conditioning, Inc. Rafael Belmonte 915-778-7399
INSURANCE AND BONDING C. D. Lee/Britton Insurance & Bonding Anthony Landavazo/Lisa Daniels 915-595-3393 IRON WORK PRODUCTS Area Iron & Steel Works, Inc. Fred L. Edmonston Jr. 915-833-9494 LEGAL SERVICES/TITLE COMPANY David J. Ellis Fee Office for Sierra Title David J. Ellis 915-566-2666. 915-566-0111 LIGHTING City Lights Thomas Brown 915-533-6045. 915-533-6096 Designer's Mart Valerie Edmiston 915-778-9223 LIGHTING & BATH FIXTURES Ferguson Enterprises Inc. Albert Holguin 915-231-5836. 915-231-9357 LOW VOLTAGE WIRING Prewire of El Paso, Inc. Steven Drury 915-598-4937 LUMBER 84 Lumber Ernie Chavez 915-584-8447 MIRROR, SHOWER DOOR, STOREFRONT,AUTOMATIC DOORS & CURTAIN WALLS Performance Glass & Aluminum Hector Hernandez 915-592-5583
POST TENSION Post Tension Steel Dennis Moore 915-474-0180. 915-532-0119 PUBLICATIONS Homes of El Paso Riley Stephens 915-585-1000 Su Casa Magazine Edwin Rosario 915-355-7190 PUBLISHING SERVICES Snappy Publishing, LLC Ted Escobedo 915-820-2800 READY MIX MTI Ready Mix, Inc. Tony Mullen 915-859-5767 REAL ESTATE SERVICES Team Juan Uribe, LLC Juan Uribe 915-479-5151. Home Pros Real Estate Group Penny Moore. 915-585-8806 Legacy Real Estate Services Patrick Tuttle 915-231-9994. Century 21 The Edge Scott Kesner 915-772-0553 Harris Real Estate Group Lane Harris 915-443-8423 Bella Vista Realty Grisel Ortega 915-491-2056 RES. & COMM BUILDING PRODUCTS Massey Johnson Josie Ledesma 915-487-3359
ROOFING MAK Roofing & Construction Felix Vizarreta 915-691-0532 Imperial Construction Alexandro Garcia 915-222-3838 USA General Contractors Javier Olmos 915-633-3339 ROOFING PRODUCTS ABC Supply Co., Inc. Larry Eck 915-533-0645 Eagle Roofing Products Scott Aguilar 928-220-3899. SANITATION & FENCE United Site Services Ramon Armendariz 915-330-2318 SELF STORAGE Remcon Self Storage Will Harvey 915-833-2399. SIDING, WINDOWS, PATIO COVERS,CARPORTS Modern Exteriors Hector Macias 915-857-5126 SOLAR PANELS Border Solar Javier Ruiz 915-613-4168 Solar Smart Living Larry Perea 915-400-2995 STORMWATER/SAFETY ESS Environmental and Safety Solutions Jose L. Garcia Ramirez 915-775-1171 915-775-1174 SURVEYING ENGINEERING Barragan & Associates Benito Barragan 915-591-5709 TESTING & ENGINEERING
CQC Testing and Engineering,LLC Jaime Rojas 915-771-7766 TILE & NATURAL STONE Floor & Decor Pedro (Peter) Ramirez 915-407-5599 Interceramic Tile & Stone Gallery David Holguin 915-593-7357 TITLE & ESCROW COMPANIES Del Sol Title Co. Hector Phillips 915-838-8000 Lone Star Title Co. of El Paso Aaron Rich 915-545-2222 Prosperous Title Liz Olivar 915-288-2462 Sierra Title Company Angelique Roman, Marielsa Pulido 915-544-3322 Stewart Title of El Paso Cindy Bilbe 915-225-8200 WestStar Title Rachel Valles 915-849-5537 Texas Title Company Steve Raney 915-593-3400
VEHICLE DEALERSHIP Rudolph Chevrolet Mike Ruffin 915-544-4321 WASTE DISPOSAL El Paso Disposal Irma Parsons 915-772-7495 WATER SOFTENERS El Paso Water Softeners Rebecca Estrada 915-307-9183 WATER REMOVAL Jimmy Garza Emergency Water Removal Jimmy Garza 915-562-1123 WINDOW TREATMENTS Gotcha Covered Sophie Soudaiha Agraz 915-201-4264 Southwest Décor El Paso Corporation Chris Matthews 915-594-9240 WINDOWS Pella Windows Jason Bates 915-833-3066 Sun West Windows and Glass Ernie Hernandez 915-383-2201
TOTAL OFFICE SOLUTION SOURCE Spectrum Technologies Miled Daou 915-781-2000. 915-781-2288 TRUSS El Paso Truss Luis Mendiola 915-751-0025 Franklin Building Materials, Cristina Sheldon, 915-855-3859 UTILITY Texas Gas Services Maria Ortiz 915-680-7288
MOLDING & LUMBER Adams Moulding & Lumber Tom Swahlen 915-584-1440 MORTGAGE COMPANIES Cadence Lending Group Carolyn De Leon 915-779-1633 915-706-2649 New American Funding Tania Guzman Campaign 757-831-7322. Patriot Mortgage Randy Bowling 915-757-9500 Rocky Mountain Mortgage Company Justin Hahn 915-593-3111 Supreme Lending Lisa Wren 601-549-6768 Commerce Mortgage Stephen Sepulveda, Gilbert Pedregon 915-209-3189 NEWSPAPER El Paso Times Sal Hernandez, Justin Riley 915-546-6244. 915-546-6406
HVAC Supplies Hercules Industries John Chaney 915-778-9377
PAINT DISTRIBUTOR Dunn-Edwards Paints Nathan Gordon 915-855-7535 915-855-8168 Sherwin Williams Paint Cruz Lopez 915-532-6921.
I T & WEB DESIGN Cognent, Inc. Martin Paredes 407-809-4417.
PLUMBING Q Martins Plumbing Jose Martinez 915-240-5218.
INSULATION New Start Insulation Jose Carreon 915-256-2371
PLUMBING & IRRIGATION SUPPLIES-DISTRIBUTORS Baron Supply David Trammell 915-886-3697 Sun City Winnelson Dean Moore 915-532-1600 El Paso Winnelson Rene Goldfien 915-778-4640. W.W. Sales Eric Hoppes 505-463-8204
INSURANCE Bundle Bee Insurance Agency Victoria Dominguez 915-598-3500 Great American Insurance Group Julie Tomlinson 513-412-4921
PORTABLE RESTROOMS Sarabias Blue Sanitation Monica Brown 915-544-9022. 915-533-3108 Porta- Jons
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HomesUS.com: Sales Pace Level, but Pending Sales Continue to Fall Texas’s new home market appears to be cooling as total new home sales have declined statewide for the second straight month despite lower mortgage rates, according to a report released by HomesUSA.com. Mortgage rates averaged below 4.00% in July, according to Freddie Mac, but the 12-month rolling average of new home sales statewide in July dropped to 3,710 from 3,985 in June. The new home sales data reported by HomesUSA.com comes from the Houston Association of REALTORS, North Texas Real Estate Information Systems, San Antonio Board of REALTORS and the Austin Board of REALTORS Multiple Listing Services The average number of Days on Market for new homes statewide was flat, meaning the pace of new home sales remained the same. According to the HomesUSA.com New Home Sales Index, statewide, the Days on Market were 120.28 days in July versus 119.73 days in June. Builders benefited from higher home prices statewide as the average new home price increased more than $700 in July. "While the new home sales market appears to be tightening, the Texas new home sales market remains the envy of the nation," says Ben Caballero, owner of HomesUSA.com. “Houston and Dallas-Ft. Worth continue to shine, selling more than 1200 new homes every month for the last 12 months. Our homebuilding market is incredibly resilient," he added. Caballero is the nation's top-ranked real estate agent and real estate's first Guinness World Record holder for home sales.
“The Texas new homes market isn’t as red hot as it was,” Caballero admits, as pending new home sales continue to decline in Texas. Last month, pending new home sales were again lower in all four of the state’s biggest new homes markets, HomesUSA.com reported. For Texas, pending new home sales in July based on a 12-month rolling average dropped to 3,245 from 3,547 pending new home sales in June. Exclusive Data: Average Days on Market – New Homes in Texas The HomesUSA.com New Home Sales Index showed the pace of new home sales remained level last month. In Dallas-Ft. Worth, the DOM was flat at 115.56 days in July versus 115.51 days in June. San Antonio was the exception. Its new home sales pace improved as its DOM numbers dropped to 100.60 days in July from 102.06 days in June. The new home sales pace in both Austin and Houston showed some decline. The DOM in Austin increased to 112.69 days in July from 111.05 days in June. Houston’s sales pace also slowed, with its DOM climbing to 136.29 days in July from 135.77 days in June. (See Chart 1: Texas New Homes Days on Market) Texas New Home Sales Data Total new home sales were down in all four of the state’s largest markets. Statewide, the new home sales in the four markets included in the Index showed a 12-month rolling average of 3,710 in July versus 3,985 in June. Houston total new home sales in July were 1,297 versus 1,388 total sales in June. Austin total new home sales in
El Paso Builders Assocation Health Benefit Program* *Medical benefits prro ovided under GSABA Health and We Welfarre e Plan
ONEDIGIT TA AL IS BUILDING BETTER BENEFITS
Our health program provides qualifying member companies an opportunity to save on their healthcare costs while striving to generate low renewal increases annually. The new program allows for more liberal underwriting and aggressive rating while providing a strong network, rich benefits and cost savings compared to the market. HEAL LT TH PLAN • Potential premium savings • Stable renewals • Lower deductibles
• Enhanced coverage • State mandated coverage • COBRA administration •T Te eledoc services
HUNTER BA AYLEY hbayley@onedigital.com | 713-299-6886
July were 653, down from 700 total sales in June. Dallas-Ft. Worth total new home sales in July were 1,270 versus 1,364 total sales in June. San Antonio total new home sales in July were 491 versus 534 total sales in June. (See Chart 2: Texas New Home Sales) Texas New Home Prices New home prices were higher in three of the state’s largest new home markets, including Dallas-Ft. Worth, Austin and San Antonio. The average new home price in Texas for July was also higher at $357,859 versus $357,130 for June. In Dallas-Ft. Worth, the average new home price for July was $375,694 versus $373,960 for June. In San Antonio, the average new home price for July was $299,151 versus $297,387 for June. Austin’s average new home price in July was $372,365 versus $367,041 in June. The one exception was the state’s biggest new home sales market in
Houston, where the average new home price fell from $358,810 in June to $357,118 in July. (See Chart 3: Texas New Home Prices) Texas Pending New Homes Sales Data Pending new home sales were lower in all four of the state's top new home markets. Dallas-Ft. Worth posted a 12month rolling average for pending new home sales in July of 1,120 versus 1,225 pending sales in June. Total pending sales for Austin in July were 570, down from 622 pending home sales in June. San Antonio pending new home sales in July were 432, down from 471 pending new home sales in June. Pending new home sales in Houston for July were 1,223 versus 1,229 pending saless in June Source:HomesUSA.com
El Paso Disposal
772-7495
2019Issue8
BuildersOutlook
13
MembershipOutlook Upcoming Events SEPTEMBER 12 BOARD MEETING AT 12:00 EPAB OFFICE
SEPTEMBER 20 POH PREVIEW PARTY SEPTEMBER 21‐OCTOBER 6 PARADE OF HOMES
New Members GOTCHA COVERED CONTACT: SOPHIE SOUDAIHA AGRAZ 3827 HILLCREST DRIVE EL PASO, TX 79902 915‐201‐2192
MITSUBISHI ELECTRIC TRANE HVAC CONTACT: BOB COURSEN 4600 FAIRBANKS DR., # 1626 EL PASO, TX 79924 505‐228‐4264
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9400 Gateway East El Paso, TX 79907 (915) 593-1301 (800) 356-9546 www w..effb bmi.com
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NOW SUPPORTING EL PASO - OVER 13 YEARS OF EXPERIENCE.
Leslie Schey
Builder Solution Specialist
361.739.7739 | lschey@2-10.com
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BuildersOutlook
2019Issue8
Permits&Inspections
THE WOONERF: Silly Name, Great Idea Did you know that El Paso is one of the only cities in the United States with a woonerf? Woonerf (plural “woonerven�) is a Dutch word that literally means “living yard�, and refers tostreets that are designed for use by cars, bicycles and pedestrians across their entire expanse. Woonerven usually lack curbs, lane lines, and other traditional street markings that serve to separate different types of traffic. Instead they allow cars, bikes and people to intermingle. Woonerven may also have street furniture, such as trees, planters or bollards, which serve to narrow the drivable surface. This “designed ambiguity� means that drivers slow down to speeds that make conditions safer for them and other road users. These shared-use streets are a safe and creative option for areas with high numbers of pedestrians and an ongoing need for vehicular access. El Paso introduced its first woonerf in 2013 on Missouri Avenue next to Southwest University Park, connecting Cleveland Square to the Old San Francisco neighborhood. While the street is closed to cars during games at the ballpark, at all other times it is a drivable, walkable, bikeable thoroughfare, the likes of which cannot be found in more than a handful of other places in North America! What is an Event Permit? An Event Permit allows the applicants to use City Right-of-Way (ROW) to host and facilitate events. The event permit application is used for all event types: Parades, Temporary Events and Special Events. When do I need a Event Permit? An Event Permit is required for all events that take place on City Right-ofWay. What is Right-of-Way? Any public street, alley, or sidewalk What if my event is Downtown? Any special events that take place in the Downtown area must obtain a permit through the Downtown Management District (DMD). What if my event is in a City Park? Permits to reserve the parks must obtain their Parks and Recreation permits individually.
DESIGN WITH NATURAL GAS IN MIND. Nothing is more attractive to homebuyers than the right mix of comfort and value. You can provide both when you build homes that have natural gas. Natural gas furnaces, water heaters and clothes dryers offer greater efďŹ ciency and lower operating costs than their electric counterparts, and natural gas kitchens sell themselves. Let us help you plan for natural gas right from the start. For more information: ElPasoNewBusiness@TXGas.com William Nieves: 915-496-6126 Jorge Sejera: 915-680-7216 Please continue to direct service line and meter set requests to the Texas Gas Service
Builder Services atslimgas-metroElPaso@onegas.com slimgasÂmetroElPaso@onegas.comoror 1Â866Â206Â9587. Hotline at 1-866-206-9587.
543521034/.-. ,3+*-.3)(3,4*-.3'*-3&*%34/$(3#%,433"-.$43!-) 3$( 3 ,4*(.3 -* % 4, 333 -*+3!-) 3,4*(. 3" $,, 3 .-$+) 34) . 3$( 3 *- . $)( 334*3 ** 3' **-)(" 3 $ .-,3$( 3+*-. 3 /.3 -,43($+.3)(3 -) 3),3&*%-3 $ .3'*-3+*-. 332$ 3*-3 ),)43%,
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HOME O F
T E X A S
800.445.8173 ext. 2149 sales@homeoftexas.com • www.homeoftexas.com
www.elpasobuilders.com
VOL 2019 ISSUE 8
BuildersOutlook
PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS: NATIONAL, STATE AND LOCAL HOME BUILDING INDUSTRY NEWS
6046 Surety Dr. El Paso, TX 79905 915-778-5387 • www.elpasobuilders.com
■ EXECUTIVE OFFICERS PRESIDENT Sergio Cuartas VICE PRESIDENT Edgar Garcia SECRETARY Sal Masoud EXECUTIVE VICE PRESIDENT Ray Adauto PAST PRESIDENT Edmundo Dena ■ COMMITTEE CHAIRS: ASSOCIATES CHAIR Luis Rosas GOVERNMENT AFFAIRS Sal Masoud GOLF TOURNAMENTS Sam Shallenberger FINANCE COMMITTEE Kathy Carrillo/Treasurer COMMUNITY OUTREACH Angelique Roman LAND USE Sal Masoud EDUCATION Patrick Tuttle INDUSTRY PROMOTIONS Ted Escobedo ■ ADVISORY TO THE BOARD Jay Kerr, Firth, Johnston, Bunn & Kerr ■ BOARD OF DIRECTORS Builders: Jaime Gonzalez, Blue Sage Homes Lee Gillett, Classic American Homes Lydia Mlouhi, Crown Heritage Homes Dan Berry, D B Innovations,LLC Delton Deal, Deal-2-Deal Eder Gallardo, Edwards Homes Leti Navarrete, EPT Bella Custom Dream Homes Kathy Parry, Hunt Companies Samira Gonzalez, Icon Custom Home Builders Laura Loy, Loyalty Homes JJ Vasquez Pacifica Homes Trevor Turner, Rassette Homes Fernie Santana, Santana Homes Jacob Barde, Tropicana Homes Associates: Sandra Lucero, Builders Source John Chaney, Hercules Industries Luis Rosas, HUB International Jorge Herrera, J & H Post Concrete & Tension Joe Bernal, Joe Bernal Insurance Patrick Tuttle, Legacy Real Estate Service Aaron Rich, Lone Star Title
Johnny Rodriguez, Lowe's Randall Smith, Randall Smith, Cpa Justin Hahn, Rocky Mountain Mortgage Angelique Roman, Sierra Title Ted Escobedo, Snappy Publishing Patricia Martinez, Stewart Title Henry Tinajero, WestStar Bank ■ TAB STATE DIRECTORS Randy Bowling, Life Director Sam Shallenberger Edmundo Dena Gus Loy Don Rassette Luis Rosas ■ NATIONAL DIRECTORS Bobby Bowling, IV Demetrio Jimenez
Honorary Life Members Rudy Guel Brad Roe Wayne Grinnell Don Henderson Anna Gill Mark Dyer Sam Shallenberger Past Presidents Committed to Serve Don Rassette 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 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.
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 Network©, we’re dedicated to providing builders and contractors with the best-in-class insurance programs, pricing, underwriting, resources and service. Product Portfolio Highlights t “A” rated carriers, several available t (- PêFSJOH 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 HUB International Insurance Services -VJT 3PTBT 915-206-6047 www.hubinternational.com
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