You are on page 1of 16

National, State & Local

Building Industry News


2017: Issue 12

www.elpasobuilders.com

Association installs 2018 leadership


Recognizes ‘Member of the Year,’ announces other top honor recipients

by Ray Adauto

The El Paso Association of


Builders (EPAB), established in 1946,
held its 71st annual installation and
awards banquet on December 8.
The event is held to honor the top
volunteers for the past year and to
install the new board of directors and
executive leadership.
The awards given were for the
commitment to the association and to
acknowledge those who have given
time and resources to the EPAB.
The 2017 Member of the Year award
went to Don Rassette, Rassette
Homes, for his work as President for
2017 and the commitment of years of
work he has done.
The Associate Member of the Year,
an award for the outstanding member
from a non-builder member went to
Charles “Chuck” Haskins, Haskins
Electric.
The Chaney-Shallenberger Life
Time Award went to Kathy Parry of
HUNT Communities. Ms. Parry has
been an active member for over 30
years.
In addition to awards for
volunteering the EPAB also inducted
Jim Sorenson into the EPAB Pioneer
Hall of Honor joining the original
inductees Bob Bowling III, George
Thomas and Jack Winton. Mr.
Sorenson devoted many years to the
building industry and founded Classic
American Homes. Mr. Sorenson
passed away in 2016. His wife Tina enough toys to help the Junior
and daughter Kelly were given the Women’s Club of El Paso as well as
plaque commemorating the induction. the Texas A&M University Colonias
The 2018 Board of Directors and Operation Boot Box kids program.
Officers were installed by Past Photos: Top left: Member of the
President Brad Roe. Edmundo Year Don Rassette and EVP Ray
Dena, Everest Homes, will begin his Adauto. Top Center: Top Center:
second presidency on January 1. Kathy Parry the Chaney-
EPAB Vice President is Sergio Shallenberger Life Time Award, Top
Cuartas, BIC Homes; Secretary Right: EPAB 2018 President
Treasurer Edgar Garcia with Bella Edmundo Dena and wife Claudia,
Vista Custom Homes and Sam Center Left: Sponsor Sierra Title’s
Shallenberger, from Morrison Supply Angelique Roman and Tyler Gonnell,
is Associates Vice President. Center Right: Executive Officers take
Executive Vice President Ray Adauto their oath of office, Bottom Left:
was affirmed at the installation. Chuck Haskins 2017 Associate of the
Adauto Year, Bottom Right: Kelly Sorenson
The 230 attendees were also accepts award on behalf of father,
asked to bring an unwrapped gift for Jim Sorenson.
children and they responded with
2 Builders Outlook 2017 Issue 12

HAPPY HOLIDAYS FROM YOUR


FRIENDS AT TEXAS GAS SERVICE.
The holidays are a time to give thanks and celebrate with the ones you love.
At Texas Gas Service, we’d like to express our gratitude to you for building with natural
gas and for giving your buyers the gift of savings. We wish you and your customers a safe
and warm holiday season.

For more information about building with natural gas:


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 Hotline at slimgas-metroElPaso@onegas.com or 1-866-206-9587.
2017 Issue 12 Builders Outlook 3
President’s Don

Message
Rassette
President,
El Paso Association
of Builders

2017 whizzes by as Association accomplishes many goals


Like many association leaders opportunities for associate items or headings, many countless have left the industry since 2008.
before me have said, the year of members and to possibly add hours of behind the scenes I believe in God, human decency
their presidency goes by fast. affiliate memberships; membership activities and meetings were held and to win fairly, squarely by the
Thanking everyone who drive to increase number of to accomplish these tasks. As you rules. I also recognize and believe
volunteered their time, efforts and members and to retain them in our can see, our action list was mind that any company’s or person's
money to make this a great year. A association; a new member kit and boggling in some regards. But, finest hour is when all their hard
special warm and heart felt an ambassador program for new never say never came to be seen work pays off and they have
THANK-YOU TO EPAB Staff- member orientation; RALLY DAY, in as "Maybe we can". For those who achieved their goals. VICTORY!
Margaret and Ray Adauto, for all Austin, in February; Home show(s); got involved, the satisfaction of Last year l gave the example of
their help, support and guidance. Parade of El Paseo of Homes; accomplishments was many, and all the best and brightest of our
Looking back to last January's Strengthen BUILD-PAC war chest; my hat will always be off to you in nations economists, over a 20-year
itinerary, our agenda was full and Strengthen HOME PAC war chest; respect. For some who were not period. Less than 50% were
many times bigger than what we Interview City position candidates involved, my question to you is correct. lt was not if you could
thought we could handle in a short in the upcoming elections; Lunch "What is the maximum predict the future but that I
period of time. However, by taking and Learn Series; Retirement plan effectiveness of an excuse". encouraged you TO: BE
a bite out of the elephant, we through EPAB; Golf outings; It is a reality of life that people PREPARED FOR THE FUTURE
managed to take care of the large "washa" tournaments; Speed are competitive and the more AND TO BE PREPARED TO
order of EPAB business and not to selling, including associates to competitive the industry, the more SUCCEED!
be overwhelmed. associates; "Best of El Paso competitive the people drawn to In closing my final article as 2017
Here is a reminder of the tasks Awards"; health insurance program that industry. Our building industry President, THANKS BE TO GOD
we had in front of us for 2017: with Humana based on 3 other is one of those industries. We have who gets all the glory and Cheryl,
2016-year end business, 2Ol7 home building association plans. as many obstacles in front of us as my wife and best half for 40 years.
task preparation, such as; 2017 What I have listed is many action builders, especially many that are They are what makes me who I am
budget and master plan for the items that EPAB did this year or is out of our control, as there are in today. MERRY CHRISTMAS TO
year. We also had in our vision: set up to accomplish in 2018. any industry. Look at how many ALL!
Bylaw changes to open more As much as these are the action builders and related businesses
4
Executive’s
Builders Outlook 2017 Issue 12

Message Looking forward to 2018 D


n
This month is it, the end of the corner of Artcraft Road and Speaking of sign ups, we are
year and as Yoda would say “faster Westside Drive. So get ready to looking for our partnerships for all o
Ray Adauto, the end, when older you are”. The party early in April. the events we have coming up.
executive time has flown by as we now find our big news in the golf wars is There will be a lot of different ways A
Vice President ourselves preparing for the first and that we have moved our spring golf to participate with us. our past
ePAB second quarter of 2018. one of the to the wonderful and beautiful partners know that this is a great
c
big events we are having is a Butterfield golf Course, a top way to put their best foot forward as
T
membership drive to be done with destination golf course by the well as a great way to support the
the rest of the Texas Association of airport. We have played the course association finances. T
Builder associations. our training numerous times since it was opened in between all the above we’re P
will take place in March as three or and really enjoy the long fairways headed to the international Builders
four associations convene in and challenging brush. get ready to Show in orlando early January.
lubbock for training with the oliver sign up. Then our first board meeting, our
group. While we’re not totally buttoned up February general meeting and so
We just set our dates for the we are planning our first annual much more. We’re off to a great
Parade at Artcraft estates, April 7 to iDeA Awards for the ePAB. iDeA start with our Association Health
April 15 with the industry preview stands for innovation, Design, Program as we have our first
party on Friday April 6. We have excellence and Achievement. it’s participants getting ready for the
nine builders participating in the our best of the best awards so new year to start. We hope all of
Southwest land Development putting this together is time you have had a good holiday and
Services subdivision. The location consuming and challenging. expect are prepared to welcome 2018.
is easy to get to since its on the some information soon.

PRINT & INTERNET

*
PUBLISHING
SoCiAl MeDiA & WeBSiTe

*
ConTenT MAnAgeMenT

*
e-MAil neWSleTTeRS

CoMMUniCATion
STRATegY

eDiToRiAl SeRViCeS

innovative design & desktop


publishing since 1984

ted escobedo
ted@snappypublishing•com
talk & text: 915•820•2800

Get Creative. Make it Snappy.

www.snappypublishing.com
National
2017 Issue 12 Builders Outlook 5

Builder News

Builders Confident as
Market Primed
n Builder confidence in the market for
newly-built single-family homes increased
five points to a level of 74 in December on
the National Association of Home
Builders/Wells Fargo Housing Market
Index (HMI) after a downwardly revised
November reading. This was the highest
report since July 1999, over 18 years ago.
“Housing market conditions are
improving partially because of new
policies aimed at providing regulatory
relief to the business community,” said
NAHB Chairman Granger MacDonald, a
home builder and developer from Kerrville,
Texas.
“The HMI measure of home buyer traffic
rose eight points, showing that demand for
housing is on the rise,” said NAHB Chief
Economist Robert Dietz. “With low
unemployment rates, favorable
demographics and a tight supply of
existing home inventory, we can expect
continued upward movement of the single-
family construction sector next year.”
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.
All three HMI components registered
gains in December. The component
measuring buyer traffic jumped eight
points to 58, the index gauging current
sales conditions rose four points to 81 and
the index charting sales expectations in
the next six months increased three points
to 79.
Looking at the three-month moving
averages for regional HMI scores, the
Midwest climbed six points to 69, the
South rose three points to 72, the West
increased two points to 79 and Northeast
inched up a single point to 54.

Granger MacDonald on
NLRB Overturning
Browning-Ferris Decision
n Granger MacDonald, chairman of the
National Association of Home Builders
(NAHB) and a home builder and
developer from Kerrville, Texas, issued the
following statement regarding the National
Labor Relations Board’s (NLRB) reversal
of an Obama-era decision that had vastly
redefined joint employer status:
“NAHB applauds the NLRB decision to
overturn its ruling in the case of Browning-
Ferris Industries that radically expanded
the traditional test for joint employer
status. The Browning-Ferris decision in
2015 made the standard for joint
employment so broad and vague that an
employer could be held liable for the labor
and employment practices of independent
contractors and subcontractors over which
they have no direct control.
“By rescinding the Browning-Ferris
standard, the NLRB has restored the
traditional definition of joint employment in
which a company must exercise ‘direct
and immediate control’ over a worker in a
business-to-business relationship. Home
building firms and other small businesses
who work closely with subcontractors and
third-party vendors will now have more
certainty and clarity regarding their
employment decisions. The NLRB action
restores the sensible criteria that has
worked so well for the economy for more
than 30 years.” increased three points to
79.
6 Builders Outlook Issue 12

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
© 2017 El Paso Association of Builders •  6046 Surety Drive • El Paso • Texas • 915-778-5387
2017 Issue 12 Builders Outlook 7
Economic End-of-year tid bits
Forescast
The biggest loser, NJ at -$3,478/person,
followed by CT at -$2,763, and NY at -
$2,425. The biggest winner, DC at $40,082,
Elliot Eisenberg followed by NM at $8,072, WV at $6,765
Economic & Policy and MS at $6,495.
Blog • Employment growth was 228,000 in
November and is averaging 170,000 jobs
since August. The key takeaways: the job

u
market is very strong, and growth is well
distributed with solid gains across all
Here are some recent highlights from education levels! The hurricanes have left
Elliot’s Blog: no traces, and while wage growth is hardly
• Of the 195 nations on Earth, 33% get Bitcoinesque at just 2.5% Y-o-Y, an

CELEBRATING
their name from some older group of increase in the average work week has
persons. For example, France is named boosted total wages by a respectable rate
of 4.75% since August.

EPAB
after the Franks. 25% are named from an
aspect of the land; Costa Rica means "the • The number of times the Fed boosts

THE BEST OF EPAB


rich coast." 13% are named for their rates a quarter-point in 2018 will depend
location; Australia means southern in Latin. entirely on GDP growth and inflation. If
And, another 13% are named after men both perk up, expect four hikes, if they both
such as the USA; named after Italian remain weak, expect two. The low and
explorer Amerigo Vespucci. falling unemployment rate suggests that
• OPEC, Russia, and other countries inflationary pressures should build.
controlling 60% of global crude production However, researchers find that declines in
have extended their withholding of 1.8 the unemployment rate today have only EL PASO ASSOCIATION OF BUILDERS
million bbl/day of oil, 2% of output, from 30% as much influence on inflation rates
3/31/18 to 12/31/18. The forces at play as they did decades ago. INNOVATION u DESIGN u EXCELLENCE u ACHIEVEMENT
here are threefold; rising global GDP I hope that you enjoy my column and

ENTRY INFORMATION
boosting demand by 500,000 bbl/day, that all of you enjoy this time of year. No
declining production in Venezuela and matter what the situation is we all live and
Kurdistan due to political and economic breath the economy and I hope my tidbits
and information is worthwhile. Until January

COMING SOON
factors, and rising US shale production. If
shale output rises substantially, the deal my friends. Thanks, El Paso Association of
dies prematurely. Builders for your support.
• As of 2015, there were 13 states that
sent more money to Washington than they Elliot Eisenberg, Ph.D. is President of
GraphsandLaughs, LLC and can be reached at
received in federal spending. The sums Elliot@graphsandlaughs.net. His daily 70-word
include federal salaries, military contracts, economics and policy blog can be seen at
Social Security payments, Medicaid, www.econ70.com. You can subscribe and have the
blog delivered directly to your email by visiting the
corporate and personal taxes and so on. website or by texting the word “BOWTIE” to 22828.

Expert Advice

Understanding the new tax plan


The first Federal tax plan in decades has The bill eliminates the corporate AMT.
been approved in the Senate and the House The corporate AMT had a 20 percent tax
and awaits the Presidents signature at the rate that kicked in if tax credits pushed a
time we gathered this information. We will firm's effective tax rate below that level. For
have more information in our Issue 1 of example, companies could no longer deduct
2018. For now, this is what is being research and development spending or
published about business taxes: investments in low-income neighborhood.
The final tax bill lowers the maximum Elimination of the corporate AMT adds $40
corporate tax rate from 35 percent to 21 billion to the deficit.
percent, the lowest since 1939. The United It advocates a change from the current
States has one of the highest corporate tax "worldwide" tax system to a "territorial"
rates in the world. But most corporations system. Under the worldwide system,
don't pay more than 15 percent. They can multinationals are taxed on foreign income
afford tax attorneys who help them avoid earned. They don't pay the tax until they
paying more. bring the profits home. As a result, many
It raises the standard deduction to 20 corporations leave it parked overseas. Under
percent for pass-through businesses. The the territorial system, they aren't taxed on
deductions are limited once the income that foreign profit. They would be more likely
reaches $157,500 for singles and $315,000 to reinvest it in the United States. This will
for joint. Pass-through businesses include benefit pharmaceuticals and high-tech
sole proprietorships, partnerships, limited companies the most.
liability companies, and S corporations. They The tax bill allows companies to repatriate
also include real estate companies, hedge the $2.6 trillion in foreign cash stockpiles.
funds, and private equity funds. They pay a one-time low tax rate of 15.5
The bill limits corporations' ability to percent on cash and 8 percent on
deduct interest expense to 30 percent of equipment. The Congressional Research
income. For the first four years, income is Service found that a similar 2004 tax holiday
EBITDA, but reverts to earnings before provided little boost to the economy.
interest and taxes thereafter. That makes it Companies distributed repatriated cash to
more expensive for financial firms to borrow. shareholders, not employees. The
Companies would be less likely to issue repatriation could also raise Treasury note
bonds and buy back their stock. Stock prices yields. Corporations hold most of the cash in
could fall. But the limit generates revenue to 10-year Treasury notes. When they sell
pay for other tax breaks. them, the excess supply would send yields

AWARDS CEREMONY
It allows businesses to deduct the cost of higher.
depreciable assets in one year instead of Source: thebalance.com (December 20, 2018) by
amortizing them over several years. It does Kimberly Amadeo
not apply to structures. To qualify, the

SPRING 2018
equipment must be purchased after
September 27, 2017, and before January 1,
2023.
EPAB ON THE SCENE

Members make
kids’ holidays a
little brighter
The tradition of asking our
installation attendees to bring an
unwrapped toy for a girl or boy once that event these twenty or so “We go and buy clothing for the kids, liaison with the EPAB for this and she
again showed the generosity of our volunteers are able to help needy provide the family with a food basket too was thankful for the toys. “We
guests. Although not everyone families at Christmas time by providing and then add the wonderful toys,” she have 100 kids we are trying to give a
participates those who did brought a clothing, toys, essentials and food to continued. As for Margaret her thanks toy to this year, and every year
really cool assortment of games, toys, those less fortunate in our community. to the members is a little sometimes we can’t meet all the
and sports equipment. The toys are Terresa Chavira, President of the JWC overwhelming. “I get to work for these needs,” Pema told us. “This year your
used by the Junior Women’s Club of El of El Paso was overwhelmed with the wonderful people and I’m not surprised members and guests simply are our
Paso as the primary beneficiary of the generosity of our guests. “I want to let at their generosity, but I wish they angels,” she said with a little tear in the
drive and this year we had enough you know that all of the toys we get could see the little faces as they eyes.
toys to also help the Texas A&M from the association are put to great realize there’s toys for them,” Margaret Our thanks to all who contributed
University Colonia Kids Project. use, making some children happy to said. “Sometimes I feel a little and especially those who gave multiple
The Junior Women’s Club (JWC) is a have a toy for Christmas,” Chavira told emotional as the kids give us the hugs toys. “I was afraid that we wouldn’t
small dedicated group of professional the Outlook. because of our great members,” she have enough this year but just like
women who are best known for their Two of the ladies involved with the said. magic the toys appeared to make
fundraising event at Halloween, the JWC are Angelique Roman and The other organization that Christmas cheer,” said Ray Adauto.
Spook-tacular held as a safe Margaret Adauto. “When we get these benefitted this year from the toy drive “Blessings to all of you, and Merry
alternative to trick or treating each toys we add them to the baskets we was the Texas A&M University Colonia Christmas” he said.
year. From the tremendous work at prepare for the family,” Angelique said. Kids project. Pema Garcia is the

sometimes its hard to find that


something special for that special
person. The association presents the
outgoing President with a plaque to
hang at the office. This year we
created a special tribute by designing
the first ever Past President’s Ring
with the world-renowned award jewelry
firm Dunham Manufacturing, designers
of championship and commemorative
jewelry. The Dunham group designed
the ring and incorporated one of a kind
features into it. “When I came up with
the idea of a ring for Don I was
inspired by my own El Paso Athletic

First of a kind ring


Hall of Fame ring that Dunham
manufactures,” Ray Adauto said.

presented to outgoing
“Because it takes time to come up with
the design and them manufacture I

president for service started working on the project in


August. “
capital letters. The crown is exclusive
for Past Presidents. A member ring is
Don told the Outlook. Ray admitted
that he had to find a way to get the
What the artist came up with was also coming in 2018 that will have a size and Don’s wife Cheryl helped.
In the world of associations or clubs spectacular. The ring design has crown designed with a special “She was wonderful as a co-
there are various ways a member is exclusive elements that show the logos mounting for a jewel. The artists at conspirator,” Ray said.
“identified”. Most of the time it’s by a of the El Paso Association of Builders, Dunham created the primary mold The Past Presidents ring is available
logo on a bumper sticker, cap or shirt. the Texas Association of Builders, and made to accommodate the different only to verified past presidents and
Sometimes it’s a portfolio or briefcase the National Association of Builders. exclusive crowns. can be had by calling the association
or on pens or on pins. Two years ago, The logos are on the sides of the ring. When asked about his ring Don office. The membership ring
the El Paso Association of Builders Above the EPAB logo is the last name Rassette said that not only is it availability will be announced in the
designed a lapel pin for members to of the recipient while the Presidential beautiful but also something that he coming months.
wear, a way to identify as a member. year is over the TAB and NAHB logos. will treasure. “I like it a lot and it fits,
Every year the association tries to say The crown or top of the ring has an surprisingly, because I didn’t know I
thanks to the outgoing President with a exclusive design with the words EPAB was going to get this and so Ray was
special gift. As everyone knows floating above the word President all in sneaky about getting my ring size,”
2017 Issue 12

Concerned about health


coverage?

Premiums increasing
again this year?

NOW YOU HAVE A


CHOICE.

Introducing a program
exclusively for members of
the El Paso Association of
Builders.

As a member of the El Paso Association of


Builders you may qualify for the extremely
EPAB Health valuable benefits offered by the
Program EPAB Health Program.

Call today to get information about the new


HUMANA association medical coverage to
see how you can qualify for outstanding
Administered through coverage at a premium designed for you.

(915) 542-0900
(888) 269-0626
Hablamos Español
11240 Vista del Sol, El Paso Texas 79936
10
The housing
Builders Outlook 2017 Issue 11

Institute symposium. “So we’re looking at an homeowners to borrow against that equity. Oak Mortgage Solutions in Atlanta targets the

picture for 2018


environment, going forward, where this era of About 1.6 million homeowners are borrower “who has had a life event, so they
cheap mortgage rates will largely be behind predicted to get new home equity lines of lost their house or had to file bankruptcy or
us.” credit in 2018, a 16% increase over 2017, things got really bad, but they’ve now got their
Interest rates are notoriously resistant to according to a recent TransUnion study. The feet back on the ground and they’re ready to
prediction, though. At the beginning of 2017, credit bureau says 67% of homeowners have buy their next house,” says Tom Hutchens,
most people expected mortgage rates to rise enough equity to get HELOCs, and 80% of the lender’s senior vice president of sales and
steadily throughout the year. And they did rise those borrowers have high credit scores. marketing.
— for a few weeks. The average 30-year fixed TransUnion forecasts that 10 million Several lenders offer interest-only
peaked in mid-March 2017 at 4.58%, homeowners will get HELOCs from 2018 mortgages, and even loans with limited
according to NerdWallet’s daily survey. Then it through 2022, double the number of new lines income documentation. These mortgages are
declined, dipping slightly below 4% a few of credit in the five years before that. dubbed “non-QM” because they don’t meet
times in the summer, before moving upward Fannie Mae’s and Freddie Mac’s plain-vanilla
slightly in the fall. • Security headaches continue “qualified mortgage” rules. One prominent
Thieves are stealing down payments from non-QM lender, Impac Mortgage Holdings,
• Affordability declines home buyers by combining email hacking with plans to begin securitizing these loans early in
If, as expected, home prices and mortgage wire fraud. And there’s no sign of it slowing. 2018.
The housing picture is likely to improve rates go up in 2018, homes will be less Complaints of this type of wire fraud
in 2018: affordable. skyrocketed by 480% in 2016, according to • Lenders embracing automation
• Home prices are expected to climb, but not For example, if mortgage rates rise to 4.7% the 2016 annual report (the latest available) Mortgage lenders continue to pour money
as fast toward the end of 2018, and the median price from the FBI’s Internet Crime Complaint into automating the loan-application process.
• More houses could be for sale toward the of existing homes rises by 4.1%, then monthly Center. Lenders and title companies say the The best-known example is Rocket Mortgage
end of the year, giving home buyers a mortgage payments for a typical house would problem worsened in 2017, and that they fend by Quicken Loans. But Quicken isn’t the only
greater selection to choose from rise substantially. off this form of fraud constantly. lender that embraces automation. Some
• Homeowners will have more equity to But according to an Urban Institute The best way to avoid becoming a victim: lenders, such as loanDepot, cook up their own
borrow from analysis, middle-class families in much of the When you receive emailed instructions for automation in-house, while software providers
Yet in other ways, 2018 might continue country still have some financial wiggle room wiring money, call your agent to verify. The such as Blend and Roostify help large and
to be challenging, especially for home if rates and prices rise in 2018. Most home email may be a fake, designed to trick you small banks to automate applications. Now a
buyers. Mortgage rates are likely to rise, buyers don’t appear to stretch to the limits of into wiring money into a thief’s account. few lenders want to use automation to guide
reducing affordability. affordability, the Urban Institute wrote. borrowers to loan products that best suit
• More options for people with credit them.
Here are 10 housing and mortgage trends • More equity, more HELOCs issues
to expect in 2018. As home values rise, homeowners gain A few specialty lenders are focusing on - NerdWallet.com
equity. And banks expect millions of nontraditional mortgages. For example, Angel
• Home prices decelerate
Good news for first-time home buyers:
Home-price appreciation is expected to cool
down in 2018 after a torrid couple of years.
Home prices rose 6.3% in 2016, according
to the Federal Housing Finance Agency.
They’re on track to exceed 6% in 2017, too.
But for next year, the median forecast among
six industry and lender groups is for a 4.1%
increase in existing home prices nationwide.
Why the slowdown? One factor is home
construction. Economists expect the
construction of single-family houses to rise
sharply in 2018, based on building permit
applications. The median estimate has single-
family housing starts rising about 8% in 2018,
to roughly 912,500 new houses.

• More homes for sale


Home buyers are struggling to find houses
for sale. The shortages are especially acute
for the kinds of homes that first-time buyers
tend to get. Among the reasons for the tight
Pioneer Bank understands
supply:
that time is preccious so we
Many baby boomers are content to age in offer products to help you
their homes instead of downsizing
Investors bought millions of homes after
spend less tim me worrying
the housing bubble burst, and they’re making
about financess and more
too much money as landlords to sell
Home builders make more profit from
th that matter
tt
expensive houses than entry-level houses, so
that’s what they’re constructing
But there’s some hope for 2018:
Realtor.com predicts that the housing supply
pinch will begin to ease late in the year.
“It looks like we could get to a point where
we’re seeing growth in inventory sometime in
the fall of 2018,” says Danielle Hale, chief An
A
economist for Realtor.com.
An old
ld
dd friend
old ffriend
i d with
w
with new
with new id
ddeas since
deas
id i ee 1901.
since 1901
1901.
• Home sales could rise
Pioneeer Bank has been your FREE Checking
Resales of existing homes are expected to
commmunityit bank
b k sincei 1901
1901. FREE Business Checking
rise modestly in 2018. The median estimate is
When n you grow, we grow. Savings
that existing home sales will rise 2.5%, to 5.6
Business
ness or personal, whatever Personal and
million units.
your financial needs, we provide Commercial Loans
Meanwhile, sales of new homes are
solutions to help you succeed! Mortgage
g g Loans
expected to rise a median of 7%, to 653,500
Obtain your mortgage, car loan
Merchant Services
newly built single-family houses.
and credit card — then pay
Internet & Mobile
According to Realtor.com, cities in the
thesee and additional bills from

South will show the most sales growth in


online
e Bill Pay. Pioneer Bank Banking

2018. Hale says she expects 6% existing


understands
rstands your needs and eStatements
provides
des the latest innovations
home sales growth, particularly in markets
Online Bill Pay
in ban
nking!
such as Dallas; Tulsa, Oklahoma; Little Rock,
Remote Deposit

Arkansas; and Charlotte, North Carolina. She


says those places are not as “regulation
THREE CON
NVENIENT L
LO
OC
OCATIONS
AT
TIONS
constrained,” they have strong regional
economies and developers have plenty of
N. M
esa S
t.

vacant land to build on.


N. M Trawood Dr.
esa S
t.
Lee Trevino Dr.

Lee Trevino Dr.


r.

r.

• Mortgage rates head up


Gateway
sler D

sler D

y East

Mortgage rates are expected to rise in


S. Re

S. Re

2018. CoreLogic, a data provider for the real


re
N N of $50 to open.. Each account

estate industry, averaged six forecasts of


N
is insured by FDIC
DIC up to
7015 N. Mesa 6068 Gateway East 22990 Trawood $250,000. Services
vices vary

mortgage rates, arriving at a consensus view


depending on account.
El Paso, TX 79912 El Paso, TX 79905 El Paso, TX 79905 See bank representative
esentative

that the 30-year fixed will average 4.7% in


Phone: (915) 782-2485 Phone: (915) 782-2400 Phoone: (915) 782-2470 for more details.
s.

December 2018. In November 2017, the 30-


year, fixed-rate mortgage averaged 4.07%.
“Not only are mortgage rates higher, but
mortgage rates will be at the highest level
www.pioneerb
w
www. i b
bnk.
k .co
omm
since 2011,” Nothaft said at the Urban
2017 Issue 12 Builders Outlook 11

nahb.org/MA
12 Builders Outlook 2017 Issue 12
Updated every month, here is a list of the 2017 EPAB Membership.
EPAB Membership Remember to please do buinsess with fellow members.
Builder members Rassette Homes, Inc. DWS Building Supply Neeuhome.com LLC
as of June 1, 2017 Donald Rassette Sabrina Voorhies Walter Pichardo
Santana Custom Homes E.F. Building Materials, Inc. New American Funding
AT Architectural Designs Fernando Santana Efren Fraire Brenda Trillo
Elsa Taracena Southwest Land Development Serv. Eagle Roofing Products New Era Foam
Accent Homes Doug Schwartz Scott Aguilar George Tollen
Mark Dyer The Heritage Group El Paso Building Materials Passage Supply
Bain Construction David Bingham Ken Wade John Chaney
Scott Bain Trejo Construction Co. El Paso Disposal Patriot Mortgage
Bella Homes Juan Trejo Irma Parsons Randy Bowling
Leti Navarrete Tropicana Building Corp. El Paso Mortgage Bankers Association Pella Windows
Bella Vista Custom Homes, Inc. Bobby Bowling IV Randi Cabrera Jason Bates
Edgar Garcia Tropicana Development El Paso Star Ready-Mix Concrete Inc. Performance Glass & Aluminum
BIC Homes Greg Bowling David Armendariz Hector Hernandez
Antonio Cervantes Tropicana Homes El Paso Times Pioneer Bank
Blue Star Construction, LLC. Randy Bowling Jose Molina Kathy Carrillo
Carlos Villasana Tropicana Properties El Paso Truss Prewire of El Paso, Inc.
Carefree Homes Demetrio Jimenez Luis Mendiola Steven Drury
Richard Aguilar Villagi Homes, LLC El Paso Winnelson PRIDE Ascend
Casas De Leon, LLC Kristi Eddings Rene Goldfien Dr. Lonny Wright
Nick Bombach Will Harvey Development Ferguson Enterprises Inc. Post Tension
Classic American Homes Will S. Harvey Albert Holguin Dennis Moore
Priscilla Hernandez Winton/Flair Homes First American Bank Powerfoam Insulation:
Copenhagen Imports Herschel Stringfield Luis Sauceda, Metlspan NCI Group, Inc.
Flemming Carlsen Associate Members First Light Federal Credit Union Arnie Pederson
Crown Heritage Homes as of December 17, 2017 Lorenzo Revelez RAC Doors Unlimited, Inc.
Lydia Mlouhi 2-10 Home Buyers Warranty First National 1870 Charles Foxx
Cullers & Caldwell Builders Michael Elman Haley Merritt Randall Smith, CPA
John Cullers 84 Lumber Firth, Johnston, Bunn & Kerr Randall Smith
Cullers Homes Ernie Chavez Jay Kerr Real Estate Weekly Newspaper
Jason R. Cullers 915 Siteworks, LLC Foxworth Galbraith Lumber Riley Stephens
Custom Dream Homes Dan Guevara Dan Villarreal Rebath of El Paso/Las Cruces
Leti & Javier Navarrete ABC Supply Co., Inc. Franklin Building Materials Lisa Walling
D. R. Horton Homes Larry Eck Ricardo Aguilar; Cristina Sheldon Remcon Self Storage
Jaime Gonzalez Acme Brick Company G2 Ram Electric Will Harvey
Dawco Home Builders Vanessa Rocha; Steve Bush Luis Cano Richman Group Affordable Housing Corp.
Walter O. Lujan Adams Moulding & Lumber GCC Sun City Materials, LLC Kevin Hoffman
Deal-2-Deal Homes Tom Swahlen Victor Tito Marquez Rocky Mountain Mortgage Company
dba Deal-2-Deal,LLC Area Iron & Steel Works, Inc. GECU- Greater El Paso Credit Union Dean Inniss
Delton Deal Fred L. Edmonston Jr. Brenda Aguirre Roe, Brad
Del Rio Engineering, Inc. Atrium Homes Greater El Paso Chamber of Commerce Bradley Roe
Sal Masoud Ricardo Bocardo Jr. Richard Dayoub Rudolph Chevrolet
Diamond Homes, LLC Bank of Texas GEPAR-Greater El Paso Art Smith
Valerie Baquera Ray Owen Assoc. of Realtors Saldivar Electric, Inc.
Donald Ward Builder, Inc. Barnett & Bennett Construction Sharron Ramirez Martin A. Saldivar
Donald Ward Ben Trzyna Hardware Specialties Sarabias Blue Sanitation
E. Valencia Land Development LLC Baron Supply Jeff R. Paxton Monica Brown
Eddie Valencia David Trammell Harris Real Estate Group Saguaro Corporation dba EP C & D
Edward's Homes, Inc. Barragan & Associates Lane Harris Recycling Sean Gillespie
Eduardo Fernandez Benito Barragan Haskins Electric Senercon
EPT Land Communities Barrett Airworks Charles B. Haskins, Jr. Javier Ruiz
David Bogas Alexandro Castro Home of Texas Sherwin Williams Paint
Everest Homes Beasley, Mitchell & Co., LLP Mark Smiley Cruz Lopez
Edmundo Dena, Jr. Brad Beasley Home Performance Testing Sierra Title Company/Lawyers Title
Fortune Custom Homes BMC Select Fernando Garcia/Ray Gonzales Angelique Roman
Javier Andrade Jaeson Iovinella HUB International Simpson Strong-Tie Company, Inc.
Gaddy Construction Boise Cascade Luis Rosas Ken Donham
Charles Gaddy Mike Flores Insight Mortgage Company Snappy Publishing, LLC
GMF Custom Homes, LP Bonded Builders Home Warranty Grp. Shawn Weeks Ted Escobedo
Frank Torres Bill Deal Interceramic Tile & Stone Gallery Solar Smart Living
Guel Construction Border Solar David Holguin Larry Perea
Rudy Guel Javier Ruiz Inter National Bank Southwest Décor El Paso Corporation
Hakes Brothers LLC Builders Source Appliance Gallery Natalie Ojeda Chris Matthews
Chris Hakes Kathy Rose, Sandra Lucero J & H Concrete & Post Tension Spectrum Technologies
Hanson Asset Management, LP C. D. Lee/Britton Insurance & Bonding Jorge Herrera Miled Daou
Russell Hanson Anthony Landavazo; Lisa Daniels James L. Ellis, CPA, PC Stewart Title of El Paso
Homes by Design Cabinet Masters Jim Ellis Cindy Bilbe
Leslie Driggers Hoard Mike Robles Jimmy Garza StrucSure Home Warranty
Hunt Communities, LLC Cardel Design Group Emergency Water Removal Scott Whisenant
Kathy Parry Lorraine Huit Veronica Buchanan Su Casa Magazine
Icon Custom Home Builder, LLC. Casa Ford & Casa Nissan Jobe Materials, LP Bob Skolnick
Carlos Garcia Luke Lowenfield Charlie Tellez Sun City Winnelson
Industrial Realty Group Incorporated CEA Engineering Group Joe Bernal Insurance Dean Moore
Brent D. Harris Jorge L. Azcarate & Financial Services, Inc. Texas Gas Services
JER Custom Homes, LLC Central Texas Metal Joe M. Bernal Mica Short
Jorge E. Rodriguez Roofing Supply Co.,Inc. L & P Building Supply Texas Title Company
Kayton Lee Residential, Inc. Ben Garza, III Denise McConnell Steve Raney
Brianna Barnes Chaparral Materials, Inc. Legacy Real Estate Services TFCU
LMJ Construction Co., LLC Kevin Fortin TTI Prop. Management. Yolie Melendez-Estrada
Mike Lopez City Bank Texas Patrick Tuttle The Dorian Group/Ocean Gallery USA
Lloyd Hamilton Construction Bob Kotarski Lennox Industrie Miguel Angel Mercado
Lloyd Hamnilton III City Lights Sharon Horton The Home Systems Heating & Cooling, Inc.
Loyalty Homes Thomas Brown Lone Star Title Co. of El Paso Jesus Chain
Gustavo Loy Cognent, Inc. Sam Trimble Trane Residential Solutions
M A Builders & Design, LLC Martin Paredes Love Engineering, Inc. Robert Meske/ Kathleen Chacon
Mustafa Ali Commercial Insurance Brokers, Inc. Montez Love TRE & Associates
Metro Homes, Inc. Ken Foster Majestic Realtors Linda Troncoso
Fernando Torres, Judith Arrunada, Conde, Inc. Patti Musshorn Trim Team
Millennium Homes Conrad Conde MAK Roofing & Construction Juan & Kris Hernandez
Dan Ruth Copenhagen Imports Felix Vizarreta USA General Contractors
New Horizon Builders Flemming Carlsen Masco Contract Services Javier Olmos
Georgiana Garcia CQC Testing and Engineering, LLC dba Gale Insulation Vision Consultants, Inc.
Pacifica Homes, Inc. Jaime Rojas Tom Harmon Kelly Sorenson
Juan Jose Vasquez Dal-Tile McCoy's Building Supplies WestStar Home Loans
Palace Homes, Inc. Joseph Cepeda Julie Reyes Cinco Houghton
Robert Diaz Delek US dba 7 Eleven Mechanical Technologies WestStar Bank
Palo Verde Homes Sonja Scanlan Jaime Zubiate David Osborn
Edgar Montiel Demcon Disposal Management, LLC Merrill Lynch WestStar Title
Pointe Homes Maria Elena (Nena) Gomez Thomas (Tommy) Gabriel Janette Coon
Carlos Villalobos Dempsey, Cooper & Lane, Llc Mingo’s Painting & Remodeling
Porter Homes Richard T. Dempsey Erik Chavarria
Albert Porter Desert Quest Plumbing Mini Concrete Materials/
R.C. Baeza & Associates Hector Gonzalez Joe Soto
Robert C. Baeza Dunn Edwards Paints Morrison Supply
R.E. Welch Contractor Nathan Gordon Sam Shallenberger
Gordon Welch Dorney Security MTI Ready Mix, Inc.
John Dorney Tony Mullen
13
Association
2017 Issue12 Builders Outlook

Advertise your
News & Events
Builders National,
State &

business
Local Build
ing Industry
News

Outlook
2015: Issue
10
2016: H
ousi
Recovery ng
www.elpa to pick
sobuild
ers.com up steam
a
challeng mid
S teady emp
loyment
es

to the home
demand
, affordab and economic grow
mortgag le
gradual e rates will home prices and th, pent-up
upw kee attra
headwinds ard trend in 201 p the housing mar ctive
6.
and labo related to shortag However, pers ket on a
r, along es and ava istent
impedin with risin ilability of
ga g mat
to econom more robust reco erials prices are lots
ists very, acc
participated who ording
of Home in a Nat
Builders ional Association
Constru (NA HB) Fall
ction For
ecastWebin
ar.
“This recov
NAHB Chief ery is all about
jobs,” said
people can Economist David

building
they have,
incomes, get good jobs Crowe.
“If
the housi that about purchthe more comfo
to move ng marke pay decent asing a rtable they
forwa t will contin And while new feel
The good rd.” ue mortgage home.”
news, Crow expected interest
total U.S. to
employmen e added, is averaging rise over the near- rates are
well above t of 142 that 4.5 perce
that occur the previous peak million is now
percent
in nt in 2016 term, Single-Fam
red in 2008. of 138 million expected 2017, Crowe said and 5.5 Turning
ily Conti
nues to
The one to have
recovery. an impac this is not to the foreca Post
st, NAHB Gains
been concecaveat is that job “As the t projecting
and wage economy on the housing 719,000
single-famil is
sector, whichntrated heavily growth has growt gets better
2015, up
11 perce y starts
in the servic even thoug h should
than goods tends to pay keep pace. , job produced nt
last year. from the 647,000
in
lower wage e will still h mortg
Meanwhile,
producing
jobs. s be low by age rates will rise, So production Single-famil units
doubled home equity very afford historical
standards
they additional is projected to y
able.” 27 perce increa
since
$12.5 trillion 2011 and now nearly
has and units. nt in 2016 se an
. stands at Supply to 914,0
“The single Head On the multif 00
people’s bigge Crowe notedwinds 354,000 amily side,
portfolio st asset in most hindering several
factor 331,000
units last produ
year, slight ction ran at
said Crow is the home a level that
e. “That they own,” NAHB survemore robust recovs that are level of ly above
primary ’s
purchasers important becau y of its ery. Citing production.is considered a the
builders normal
sellers of of new home se the reported members, 13 perce an same expected
to
Multifamily
rise 9 perce starts
existing labor was the cost this year
homes. s are and nt of concerns nt to 387,0 are
The more the a
that conce significant proble availability of that ratio shot regarding lots and post 00

Fall Home
decline
equity rn m in 2011 to 378,0 a modest 3 perce units
About one-fijumped to 61 percein 2011 and Concerns up to 58 perce and Residential 00 units in 2016.

industry
nt

and
fth of builde nt in 2014. at 58 perce over building nt in 2014. remodeling
forecasted

Garden
rs share nt amon materials activity is
d the from 33 g builde stood over last to increase 6.8

Show
percent rs in 2014, year and perce
No doubt in 2011. up percent rise an additi nt in 2015

attracts
ideas that that the home in 2016. onal 6.1
brought

thousan
really made together
that much the show

ds
of actua more interesting. case home
lly piecin The proce
setting up g the walls
the floor together, ss
Conti
The annua
nued Page
l Fall Home a wall or and
brought in the ceiling the all that goes
6
thousands and Garde the faint is not some on
Judson of peopl n show hearted. thing
Willia e Habitat “We were
show kicked ms Convention into the for asked by for
could from Humanity to donat
people were off October 9. Center as the could,” Torres this build, e what we
The throng and I’m
presented greeted by a proud that
very nicely s of the show told the
producer show complimen case was Outlook. we
quickly taken The rest of

Call 778-5387 today for


Show Techn ts of waiting for
Antonio. ology out the parts that some of the frame to a lot
The show of San could be and
waste. used so other
showcase featured a spect showcase
Overall
a very beaut to not go to
Metro Home home by acular iful
new builde for years home that will contin green
was made s. The design r member to come
. ue to give
of The Fall
site in orderto be partially constthe display show of Home and
established to meet the time ructed off its Garden

UPCOMING
lines center was kind this year since was the only some time,”
that even for the show. taken over the Sam Shalle said Associates
with that “I have to Bowling
Cham for the Men’scivic Chairman
hustled
to make additional tell
time we you center turned pionship (ABC). and exhib nberger. “We had
sure we itors and bring to
product
to had really complete into a large The civic have.” that was new displays the

more information
CTU Metro show,” said Ferna a great with state bowling a nice thing what’s hot consumer becau
run into alley The prese in the world se I know
staged the Homes. Beautiful
ndo Torres
of situations of the art lanes nting attrac
to said. of walls,
center or like this . “We Wizard, tion was ” Santos
the show house became and elega
ntly that can
halls we when the
civic
Brian
demonstrat Santos who the Wall Our since
winning the favori use are did sever and all the re thanks to CTU
efforts. Best of te of fit the ions during
“We Show for of Show our shows,” said only ones “I really al
off our mode are excited to the Technology Tommy love comin the three Acosta Realsuppliers and the Metro Homes
ls be able flexib le . “We Mantini so many g to El Paso day event. Estate. staff of David
estate agent to the public to show but have to folks for and seein of gratitu We also
we would then again I know be the Outlo the first de
market and s because we’re
and to the
real have pent that this ok. “The time,” Brian g civic cente to the exhibitors owe a debt
we new showed up dema year Builders El Paso told r with good who filled
product think to during has Assoc things the
to we have the
What impre this event.”
nd and it other assoc helped me get iation for the visitor products and
continued. offer the consumer,”a very good other gigs of Home and lots
aisles and ssed many recommend iations and I’m with Garden
to see.
Our Sprin of
Torres the was the ation, grateful 11-13 , Show g
comfortably amou carpeted who has ” he contin for the 2016. is on

EVENTS
nt of authored reach poten Don’t miss this for March
was one move aroun room to and is an several
ued. Santo
of the nices d. “I thoug inventor “how to”
books
s, Technology tial customers. opportunity to
ht this companies and innov Visit Show
t shows ator for www.show today at
we’ve had relationship including Home several
in Depot. informationtechnology.com
Depot and with Rubber Maid “My on the to get
Lowes is and Home Spring show.
really a
great thing
to See More
Photos
Page 8

JANUARY 9-11,2018 FEBRUARY 8, 2018


INTERNATIONAL BOARD MTG. 11:00
BUILDERS SHOW
ORLANDO, FLORIDA

JANUARY 18, 2018


GEN. MTG. 12NOON
EL PASO CLUB
FORMERLY CHASE BANK
new h o m e s
BOARD MEETING
If you have an event or meeting that

12 NOON EPAB OFFICE


you would like to share with EPAB
members, please submit your
information to:
for el paso...
margaret1@elpasobuilders.com
il y f o u n d h e re
eas
February 2017 •
FREE

el paso

builders

Introducing
El Paso New
Home Builders
NEW MEMBERS magazine & website
information...
ves.com for more
Visit www.ElPasoMo

915 SITEWORKS, LLC COPENHAGEN IMPORTS


• Part of Homes of El Paso magazine

DAN GUEVARA FLEMMING CARLSEN • Mailed monthly to thousands of local homes


1150 BURGUNDY 6550 N. MESA ST.
EL PASO, TX 79907 EL PASO, TX 79912
• El Paso Airport distribution
915-859-3713 915-581-8897 • Stand alone magazine each quarter
PRIDE ASCEND LLOYD HAMILTON
DR. LONNY WRIGHT CONSTRUCTION
Call Martha today for more
10737 GATEWAY WEST, LLOYD HAMILTON, III
information at (915) 204-7017.
SUITE 340 4501 OSBOURNE DR.
EL PASO, TX 79935 EL PASO, TX 79922
915-500-4725 915-588-8558
Another Mesa Publishing Publication, serving El Paso Home
Buyers for 25 years. www.MesaPublishing.com
www.ElPasoNewHomeBuilders.com

The material that builders have used


for thousands of years is brick. Time
tested, time honored. Your homes
should be made with ACME Brick.

S h o w ro o m :   #& ' )"'%*'



  - - 

9400 Gateway East  El Paso, TX  79907
(915) 593-1301  (800) 356-9546
& !(%$)&'&$ ("("%%& $"''"%!

www.efbmi.com
EPAB
14 Builders Outlook 2017 Issue 12

Installation &
Member
Recognition
December 8, 2017
Builders Outlook 2017 Issue 12 El Paso Disposal
6046 Surety Dr. El Paso, TX 79905
915-778-5387 • Fax: 915-772-3038

772-7495
■ ExEcuTivE OFFicERS ■ TAB STATE DiREcTORS
PRESiDENT Randy Bowling - Life Director
Edmundo Dena Sam Shallenberger
vicE PRESiDENT Edmundo Dena
Sergio Cuartas
SEcRETARY/TREASuRER ■ NATiONAL DiREcTORS
Edgar Garcia Bobby Bowling, IV
ExEcuTivE vicE PRESiDENT Demetrio Jimenez
Ray Adauto Leslie Driggers Hoard -Alternate
PAST PRESiDENT Antonio Cervantes - Alternate
Don Rassette
Honorary Life Members
■ cOMMiTTEE cHAiRS Mark Dyer
Membership Wayne Grinnell
Ted Escobedo Don Henderson
Patrick Tuttle Anna Gill
Brad Roe
Finance committee Rudy Guel
Kathy Carrillo
Henry Tinajero Past Presidents
committed to Serve
■ ADviSORY TO THE BOARD Edmundo Dena
Jay Kerr, Firth, Johnston, Bunn & Kerr Edgar Montiel
Frank Torres
■ BOARD OF DiREcTORS Frank Arroyos

For All Your Electrical Needs


Builders: Greg Bowling
Delton Deal, Deal 2 Deal Randy Bowling
J.J. Vasquez, Pacifica Homes Bobby Bowling Iv
Leti Navarrete, Bella Custom Dream Homes Doug Schwartz
Bud Foster, Southwest Land Development John Cullers

Residential Specialists
Kathy Parry, HUNT Communities Robert Baeza
Lee Gillett, Classic American Mark Dyer
Laura Loy, Loyalty Homes Kelly Sorenson

Tract Homes • Custom Homes


Walter Lujan, Dawco Homes Rudy Guel
Fernando Torres, Metro Homes Brad Roe
Leslie Driggers Hoard, Homes by Design Herschel Stringfield
Carlos Garcia, ICON Custom Bob Bowling Iii
Sal Masoud, Del Rio Development Pat Woods
Fernando Santana, Santana Custom Homes
Chris Hakes, Hakes Brothers EPAB Mission Statement:
Associates: The El Paso Association of Builders is a federated professional
Joe Bernal, Joe Bernal Insurance organization representing the home building industry,
Henry Tinajero, WestStar Bank committed to enhancing the quality of life in our community by
providing affordable homes of excellence and value.
Kathy Carillo, Pioneer Bank The El Paso Association of Builders is a 501C(6) trade
John Chaney, Passage Supply organization.
Luis Rosas, HUB International

915-208-9313
© 2017 Builder’s Outlook is published and distributed for
Brenda Aguirre, GECU Mortgage the
Sandra Lucero, Builders Source El Paso Association of Builders

Total Customer
Ted Escobedo, Snappy Publishing by Ted Escobedo, Snappy Publishing, LLC

800-853-3996
ted@snappypublishing.com
Jorge Herrera, J&H Post Concrete & Post Tension
El Paso • Texas • 915-820-2800
Angelique Roman, Sierra Title

Satisfaction
Patrick Tuttle, Legacy Real Estate
Sam Trimble, Lone Star Title
Patricia Martinez, Stewart Title
Randall Smith, Randall Smith, CPA

2017 Member Of The Year 2017 Associate Of The  Year


Don Rassette Charles “Chuck” Haskins
Rassette Homes
      Haskins Electric

Insurance developed for builders.


   
C
D
Give your customers
the ‘option of the sun’
Developed for builders with the backing of the strongest insurance
C
L offers flexible coverage options and rates that are more competitive
carriers serving the Texas building industry, our insurance program

B than ever. As an authorized member of Builder Agent Network , we’re


©

W insurance programs, pricing, underwriting, resources and service.


dedicated to providing builders and contractors with the best-in-class

F Now more than ever,


El Paso home buyers
Product Portfolio Highlights

are planning for the


t“A” rated carriers, several available
J
future.
t(-PêFSJOHDoverage for property damage that results from faulty, defective,
or poor workmanship in your work.
B
t(--JNJUTPGVQUP...Bvailable
S
tExpanded policy form for commercial projects
tBuilder’s Risk master policies, monthly reporting, annual and one shots
t Workers’ Comp - Two highly cost-effective programs
tExDFTT-JBCJMJUZGPS$PNNFrcial (eneral Contractors
t$PNNFrcial Umbrella

El Paso, Permian Basin and Surrounding Area


HUB International Insurance Services Baeza
-VJT3PTBT

Border Solar can help


915-206-6047

you offer your


www.hubinternational.com www.builderagentnetwork.com


customers solar power
as a sensible
R

alternave.

The future starts


Crossing to Clean Energy
today.

7365 Remcon Circle


El Paso, TX 79912
follow us on twier and
facebook:
(915) 613•4168 BorderSolar
/220$9(
9(5'(
3529,,',1*(/3$62$
(/3$6627(
(;$6
(;
62/,')281'$$77,2172%8,/'

21)2529((5<(
($56
56
::
:::07
7,5(($'<0
0,;&20