You are on page 1of 16

www.elpasobuilders.

com National, State & Local


Building Industry News
2018: Issue 1

5 Housing Trends to Watch for this year


Market conditions to influence housing beyond 2019
to a larger potential buyer pool as N.C., are expected to be the highest
well as a more limited number of performers. Sales in these markets
homes available for sale in this price are predicted to increase by 6
range. percent or more. Nationally, sales
growths are predicted to grow by 2.5
3. Millennials to gain market percent. “The majority of this growth
share: Finally, the long-held can be attributed to healthy building
predictions may hold true. Millennials levels combating the housing
may reach 43 percent of home shortage,” realtor.com® notes in its
buyers taking out a mortgage by the report. “With inventory growth just
end of 2018, up from an estimated around the corner, these areas are
40 percent in 2017, realtor.com® primed for sales gains in years to
projects. The largest cohort of come.”
millennials are expected to turn 30 in
2020. "Millennials are a driving force 5. Tax reform: Tax reform could
in today's housing market," Vivas dampen 2018 sales and price
Home shoppers may have it since 2015. “Inventory declines are
says. "They already dominate lower forecasts, realtor.com® reports. citing
easier in 2018. Inventory expected to decelerate slowly
price home mortgage and are getting provisions that are likely to decrease
throughout the year, reaching a 4
constraints of for-sale homes percent year-over-year decline in
close to overtaking older generations incentives for mobility and reduce
and rising home prices may March before increasing in early fall,
for mid- and upper-tier mortgages. ownership tax benefits.
While financially secure in general, “On the flip side, some taxpayers,
finally start to ease next year, after the peak home-buying months,”
their debt to income ratios have including renters, are likely to see tax
according to realtor.com®’s realtor.com® notes in its report. The
started to increase as they compete cuts. While more disposable income
2018 National Housing cities expected to see inventory
for higher priced homes." for buyers is positive for housing, the
levels recover first are Boston;
Forecast. Detroit; Kansas City, Mo.; Nashville;
loss of tax benefits for owners could
“Next year (2018) will set the and Philadelphia. The majority of this
4. The South to lead in sales lead to fewer sales and impact prices
growth: Realtor.com® forecasts that negatively over time with the largest
stage for a significant inflection growth will be in the mid- to upper-
Southern cities will top national impact on markets with higher prices
point in the housing shortage,” tier price points (which includes
averages in home sales growth in and incomes.”
says Javier Vivas, director of homes priced above $350,000). On
2018. Markets like Tulsa, Okla.; Little
the other hand, recovery in the
From: realtor.com
economic research for starter home market likely will linger
Rock, Ark.; Dallas; and Charlotte,
realtor.com®. “Inventory since levels are “significantly
increases will be felt in higher depleted by first time buyers,”
priced segments after spring realtor.com® notes.
home buying season, which
2. Price appreciation to slow:
we expect to take hold and Home buyers likely will see home
begin to provide relief for prices moderate in the new year.
buyers and drive sales growth Realtor.com® forecasts home prices
in 2019 and beyond.” to slow to a 3.2 percent growth year
over year nationwide. For
Here’s a closer look at comparison, home prices in 2017
realtor.com®’s five housing posted a 5.5 percent increase. The
prediction trends for 2018: majority of the slowing price
appreciation will be centered in the
1. Inventory to start increasing: higher-priced ranges as more
Realtor.com® projects positive year- inventory becomes available. Entry-
over-year inventory growth by the fall level homes, on the other hand, likely
of 2018—which will be the first time will continue to see price gains due

A Real Texas Builder TM is a professional who invests in our


community and works hard to build you the best home
money can buy.

Real Texas BuildersTM are genuine, legitimate, educated and


committed to the advancement of the home building industry.
2 Builders Outlook 2018 Issue 1

Planning for retirement?

If not now, when?


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

Companies with less than ten participating


employees can benefit from:

• Substantial Cost Savings


• Employer and Employee Benefits
• Professional Retirement Planning Services
• $500 Tax Credits for First Three Years

Companies with larger numbers of participating


employees can realize even more savings and
additional program benefits.
First Month Free! “Because every company is unique, it is important to
Act now to qualify for this special discount. personally meet with you to talk about how you and your
Offer Expires May 1, 2018 employees can benefit the most from this exclusive program.
Call me today!”

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

512-796-1205
Email:
rrivera@bukaty.com www.bukatyfs.com
2018 Issue 1 Builders Outlook 3
President’s Edmundo

Message
Dena
President,
El Paso Association
of Builders

Association
Welcome to 2018. I’m proud We have an aggressive talks with other entities who

Leadership
to serve another term as schedule for the year. Our first regulate or influence our
President for the EPAB and look board meeting was jammed industry. I’m excited that

ready to work
forward to doing so. I made the packed with reports and a bylaw Randall Smith is our first guest
commitment in a time of need change. We don’t change or speaker for the year at our

hard in 2018
for the association and as with modify the bylaws often so February general meeting. We
other past Presidents we doing so was something we need to know how best to utilize
always stand ready when the have been working on for a the new tax codes so we can
we are needed. I have often while. I want to thank Don continue to grow. I also am
said that it takes a full year in Rassette for his leadership and glad to see all the partnerships
office to get to the point of the time and effort he has given we have for upcoming events.
actually knowing what you’re to us. It was Don who quietly Thank you for that.
doing. Well now I have the worked to bring some changes So as we move into 2018 I
opportunity to put my and to update some bylaws that want to say that it’s important
knowledge to use and I promise needed to get done. We aren’t for all of us to be engaged in
that I will do that. But there is done yet as we have some our association. Come to the
something that I want you to serious work ahead of us. meetings, come to the events.
know up front. This job of I think that what I want you to Use the association. Most of all
President isn’t a one person know that we are a committed let’s have a great 2018.
show. It really takes a team board, a board ready to work.
and I’m honored that we have a We also want to get more
great group of volunteer leaders members so we need to work
ready, willing and able to take hard to do so. This is important
on the roles. The 2018 Board as we are involved in many
of Directors are dedicated to projects for the good of the
work for the benefit of all, and industry. We’ve held talks with
the newest members are the City of El Paso, the County
anxious to make a difference. of El Paso, and soon we’ll be in
4
Executive’s
Builders Outlook 2018 Issue 1

Message And we are off and running at EPAB D


n
and to Kathy for making this except your attitude. Here’s a life i was able to see some of our
happen. lesson for you. During an members who attended the show. o
Ray Adauto, The annual trip to the international experience like this you are not the looks like everyone had a good
executive builder’s show is something we look one in control except that. There review, but nothing is better than A
Vice President forward to. The trip to orlando is were some silly examples of las Vegas for these types of
ePAB never easy and this year that trip rudeness especially with a lady who gatherings. We’ll be looking into
was complicated with bad weather, was not a part of our flight but rather doing a board meeting at that show c
delays and cancellations. My trip a flight to Austin. She didn’t hear if we can. great show, lots to see T
was supposed to be a no brainer. the announcements (and yes there and some cool things. T
new year, new goals. The work Fly to Houston, grab a bite for lunch, were at least three that i heard) that our Parade of Homes is going full P
of the association got rolling with the fly to orlando. Then the captain the gate for the flight to Austin had bang. nine builders will present
first board meeting of the year. changed that for me and the others moved. Well apparently she didn’t April 7-15 in a jam packed week of
lot’s of processes to get working on board. First let me say thanks to and the flight left without her. Boy new homes at Artcraft and Westside
through but none more important the ground crew for noticing the leak did she scream bloody murder! Had Drive. My thanks to Southwest
than getting the bylaws updated. of hydraulic fluid while we were on i been behind the desk i would have land for their cooperation in
The Board approved the move to the tarmac. Changing planes, flight told her to go to American or bringing this show to fruition. Make
incorporate the treasurer position plans, and all that goes with that is greyhound and have a nice day. plans to attend our Preview Party on
out of the ladder and into a more better on the ground that while Clearly her fault, considering over Friday April 6.
permanent professional position landing. The folks at Southwest 110 other passengers got on board For a list of upcoming events
coming out of the finance committee Airlines were put in a no win the flight and maybe her luggage. please look on our coming events
and approved by the executive. our position but they did the best they Don’t know how the rest of her day section or visit elpasobuilders.com
new treasurer is Kathy Carrillo who could. i learned a few lessons went but then there’s always some
will be working that position. during the experience. First of all, Forrest gumpism for people like
Thanks to the board, the executive there is nothing in your control this.

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
2018 Issue 1 Builders Outlook 5

Builder News
Remodeling Market
Indicators Hit High
n The National Association of Home
Builders’ (NAHB) Remodeling Market Index
(RMI) posted a reading of 60 in the fourth
quarter of 2017, up three points from the
previous quarter and only the second time
since 2001 the reading has reached 60. For
19 consecutive quarters, the RMI has been
at or above 50, which indicates that more
remodelers report market activity is higher
compared to the prior quarter than report it
is lower. The overall RMI averages ratings
of current remodeling activity with indicators
of future remodeling activity.
“A booming stock market and low
unemployment continue to fuel consumers’
investment in their homes,” said NAHB
Remodelers Chair Joanne Theunissen,
CGP, CGR, a remodeler from Mt. Pleasant,
Mich. “Natural disaster-related repairs also
caused strong demand for maintenance
and repair projects.”
Current market conditions increased four
points from the third quarter of 2017 to 60.
Among its three major components, major
additions and alterations jumped seven
points to 60, minor additions and alterations
increased three points to 59, and the home
maintenance and repair component rose
three points to 61.
The future market indicators index rose
one point from the previous quarter to 59.
Calls for bids decreased two points to 56,
amount of work committed for the next
three months rose two points to 58, the
backlog of remodeling jobs gained a
significant six points to 66 and
appointments for proposals fell two points
to 57.
“At a high of 60, the RMI is consistent
with the strong growth in home
improvement spending in 2017,” said NAHB
Chief Economist Robert Dietz. “However,
the surge in the backlog of remodeling jobs
likely reflects supply-side challenges
remodelers are facing in the form of skilled
labor shortages and rising material prices.”

Builder Confidence
Remains Strong
n Builder confidence in the market for
newly-built single-family homes dropped two
points to a level of 72 in January on the
National Association of Home Builders/Wells
Fargo Housing Market Index (HMI) after
reaching an 18-year high in December
2017.
“Builders are confident that changes to
the tax code will promote the small business
sector and boost broader economic growth,”
said NAHB Chairman Randy Noel, a custom
home builder from LaPlace, La. “Our
members are excited about the year ahead,
even as they continue to face building
material price increases and shortages of
labor and lots.”
“The HMI gauge of future sales
expectations has remained in the 70s, a
sign that housing demand should continue to
grow in 2018,” said NAHB Chief Economist
Robert Dietz. “As the overall economy
strengthens, owner-occupied household
formation increases and the supply of
existing home inventory tightens, we can
expect the single-family housing market to
make further gains this 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.
The three HMI components registered
relatively minor losses in January. The index
gauging current sales conditions dropped
one point to 79, the component charting
sales expectations in the next six months
fell a single point to 78, and the index
measuring buyer traffic fell four points to 54.
Looking at the three-month moving
averages for regional HMI scores, the West
rose two points to 81, the South increased
one point to 73, the Midwest inched up a
single point to 70 and Northeast climbed five
points to 59.
6 Builders Outlook 2018 Issue 1

Campaign Raises Safety Awareness


Among Home Builders, Remodelers
The National Association of Home Through posts on NAHBNow, the
Builders (NAHB) launched Safety 365, association’s blog; newsletter stories;
a new member and public awareness tweets and other efforts, the Safety
campaign designed to ensure that 365 campaign will highlight a different
building industry professionals have aspect of construction workplace
the information and resources to help safety each month and also promote
keep construction workers safe and safety off the job, including materials
help minimize accidents, injuries and to help keep home owners safe when
deaths. The initiative is designed to they’re working on DIY projects.
make construction safety a priority, “Builders Mutual is thrilled to be a
every day, 365 days a year. part of such a critical initiative that
“Our members realize the looks to protect the health and well-
importance of jobsite safety because being of the employees that build the
we know that our employees have American dream each and every day,”
families to return home to. We want to said Mike Gerber, senior vice
keep these workers safe from president and chief marketing officer
accidents and injuries,” said NAHB for Builders Mutual Insurance Co. “If
Chairman Randy Noel, a home builder the building industry continues to work
and developer from La Place, La. together to raise the awareness of
“Safety 365 is an important initiative safety on the job-site, then home
that will keep these efforts at the builders and their employees are
forefront of our industry.” better positioned for long-term
The campaign is a joint effort of the success.”
NAHB Construction Safety Committee The campaign will align with NAHB’s
and Builders Mutual Insurance Co., vast array of educational resources,
which has supported NAHB’s safety training materials, and news
workplace safety efforts since it updates to help educate employers
worked with the association in 2006 to and workers on the various safety and
launch the SAFE awards, NAHB’s health hazards the industry faces on
popular annual program honoring the jobsite, and to better understand
workplace safety efforts and and comply with Occupational Safety
highlighting innovative products and and Health Administration (OSHA)
solutions. requirements.
2018 Issue 1 Builders Outlook 7
Economic
Forescast

Elliot Eisenberg
Economic & Policy
Blog

2018: Like 2017 But Slightly Better


u
CELEBRATING
The combination of solid, Turning our attention to the labor
widespread global growth; strong labor market, I expect net new monthly job

EPAB
markets; low inflation; improving growth to average 150,000/month,

THE BEST OF EPAB


commodity prices; a slightly weaker which, while down from 167,000/month
dollar; and continued easy monetary in 2017, is excellent given that we are
policy from most central banks sets late in the business cycle and few
the stage for a good year. Moreover, potential workers remain on the
the recently passed front-loaded tax sidelines. The unemployment rate will
cuts here in the US will help by adding fall from 4.1% today to 3.6% or even
a pleasant tailwind to the domestic 3.5% by year end, a rate not seen since
economy. The possibility of increases the late 1960s! As the labor market EL PASO ASSOCIATION OF BUILDERS
in infrastructure and defense spending, tightens, nominal wage growth should
along with the continued deregulatory increase in 2018, with average annual INNOVATION u DESIGN u EXCELLENCE u ACHIEVEMENT
efforts of the Trump administration, wage increases rising from 2.4% to

ENTRY INFORMATION
make the domestic economic 2.75% and as much as 3% by the end
landscape heading into 2018 as strong of the year: a healthy rise.
as it has been since the end of the Because of faster GDP growth and

COMING SOON
Great Recession. the falling unemployment rate, 10-year
However, there are also economic Treasuries will end 2018 at 2.75%, and
headwinds. The fear of inflation could the rate on 30-year mortgages will be
spook the Federal Reserve to raise at or near 4.40%. However, continued
rates more rapidly than expected, easing of credit conditions and rising
which would slow growth and unsettle consumer spending due to continued
financial markets. A large confidence- strong employment growth and better
shattering drop in the stock market, for wage growth will keep the economy
any number of reasons, might hurt the and housing market on track.
economy. With the now low tax rate on Despite passage of the new tax bill,
repatriated earnings, American firms which is likely to modestly slow home
might bring back substantial profits sales and house price appreciation in
from abroad, and in the process, boost some high-cost areas because of the
the dollar, which will hurt reduced benefits of homeownership,
manufacturing activity. Lastly, housing starts should increase by
geopolitical problems always lurk and about 7%, to 1.29 million. Single-family
could easily have negative growth starts will likely total 930,000, up from
implications. 850,000, while multifamily starts should
With all this in mind, I expect full- flatline at about 360,000. New and
year 2018 GDP to come in at 2.6%, existing home sales should collectively
slightly higher than the 2.3% growth rise by about 3% and end the year at
experienced last year and the 2.1% 6.35 million, with mortgage purchase
average rate of growth since the end of volume advancing by $100 billion, and
the Great Recession. Headline inflation refinance activity falling by about $200
looks to pick up from roughly 2% to billion due to the rise in mortgage
2.3% in 2018, while core inflation rates. Housing inventories will,
(which excludes food and energy) will regrettably, remain unchanged, and
edge up only slightly. Because of the combined with limited new home
slow rise in core inflation, the Federal building, home prices will rise by 5%.
Reserve will probably have the luxury Motor vehicle sales will slip to 16.5
of time to raise the federal funds rate million from 17.1 million and the
from where it is now, at 1.375%, to chances of a recession in 2018 is low
2.125% by year’s end, with a quarter- given the very solid global economic
point rate increase roughly every three conditions that currently prevail. I peg
or four months with the first one in the chances of a recession in 2018 at
March. just 15%.

The material that builders have used


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

AWARDS CEREMONY
SPRING 2018
  #& ' )"'%*'

  - - 

& !(%$)&'&$ ("("%%& $"''"%!
EPAB ON THE SCENE

Local members
attend IBS Orlando
The text message was interesting. It
said “heading to Orlando for the show”.
It was from one of our associate
members, someone who hadn’t attended
the big industry show ever. Without
revealing who that message came from
I’m glad to report that they had a great
time at the show, as did some other
nearly 70,000 visitors. The contingent
from El Paso was good considering it’s a
long trip that takes you two time zones to
cross and then all the activity at the city
that normally hosts little mickeys and
mini’s, a wizard or two and of course
other attractions. Orlando is one busy
hub and adding 70,000 visitors for one
event is taxing on everyone and
everybody.
The NAHB yearly meeting and show
starts several days before the show floor
opens. There are education courses,
talks, networking events and caucuses
going on. It is one reason that the
annual event is so popular and
important. The Texas Association of
Builders held such a caucus and brought
the membership up to date on issues
that NAHB is working on. This year the
opening ceremony included special
guest Terry Bradshaw who talked about
business, himself and the antics of doing
what and who he does it with.
There were literally hundreds of
displays ranging from 10 x 10 booths to
6000 square feet displays from the likes
of GE, LG, Samsung and other
multinational companies. There was a
large contingent from China again and
they continue to look at the U. S.
housing market as a great place to be. to come, they need to see this, and they for this group shot. We are looking
of the show” said Henry Tinajero from
Traditional suppliers were joined by just might find something cool for their forward to next year in Las Vegas. Make
WestStar Bank. He was joined in that by
some unusual displays and that’s what business,” she said.
Laura Loy who said that there was too plans to attend.
makes a trade show like this so Although not all of the members who
much to see and not enough time to see
fascinating. “I know we all had our went were able to get together while at
it all. “I can tell those members who
favorite things to see but the one thing the show the contingent in the picture did
haven’t been to the show that they need
you take away from here is the enormity

2018 Star Awards


CALL FOR ENTRIES NOW OPEN

Online Entries:
8

3
January 19 - March 20
Early Bird Deadline: March 6
TABSTARAWARDS.COM

Sponsors (as of 1.24.2018): Expressions Home Gallery - Morrison Showroom, StrucSure Home Warranty,
Texas Home Builders Safety Group, TopBuild Home Services
2018 Issue 1

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
Mortgage rates jump to highest in 4 years,
10 Builders Outlook 2018 Issue 1

Mortgage
& Banking
ominous sign for spring housing
• The average rate on the popular 30- increase in home prices, but it has also are saving less, due to high levels of
year fixed started the year right around given borrowers a new sense of normal. student debt and high rent rates.
4 percent but then began to climb on Both will hurt affordability this spring on Confidence in the current economy is
positive news in the U.S. economy, several fronts. driving spending even higher and
solid company earnings reports and a "Today is one more reason for savings even lower.
shift in foreign central bank policies Realtors and buyers to move up their "With spending rising faster, what also
which appear to now be following the spring schedule," said Chris Kopec, a drove spending was credit card debt as
Federal Reserve's tightening of mortgage loan consultant at Chicago- the US savings rate is down to just 2.4
monetary policy. The rate was at 4.28 based Lakeside Bank. percent in December from 2.5 percent
percent by the end of last week. The housing market is already facing in November and 3 percent in October.
"Apart from central banks, there's a a supply crisis, with demand September 2005 was the last time it
ton of bond market supply coming down substantially higher than the supply of was this low," Peter Boockvar, chief
the pike due to infrastructure and tax bill homes for sale. Higher mortgage rates investment officer with Bleakley
spending," Graham said. That new will exacerbate that problem because Advisory Group, wrote in a note to
supply will send yields and, most current homeowners have likely clients. "Lower taxes and higher wages
consequently, mortgage rates higher. refinanced to rates in the 3 percent couldn't have come at a better time for
December new home sales fall to range over the past few years and will the average consumer, but some of that
625,000 annual rate be reluctant to give those rates up, will likely go towards paying down some
December new home sales fall to either to downsize or upsize to a new of the accumulated debt."
Mortgage rates are surging due to 625,000 annual rate home. Hence, fewer new listings.\ Wages may be growing, but the rate
the jump in U.S. bond yields. While mortgage rates are still For first-time buyers, even a quarter is nowhere near the now-nearly 7
historically low, they were even lower in point difference in mortgage rates could percent annual home price growth.
• "Some lenders will be at 4.5 the years following the financial crisis. price them out of the type of home Price gains are highest on the lower
percent," says Matthew Graham of That not only helped juice the sharp they're looking to buy. Today's buyers end of the housing market, where
Mortgage News Daily.

•  Higher mortgage rates, combined


with higher home prices, will make
this spring housing market even
more challenging.

Mortgage rates jump to the highest


point in 4 years, an ominous sign for
spring housing
A huge sell-off in the bond market is
about to make buying a home more
expensive. Mortgage rates, which
loosely follow the yield on the 10-year
Treasury, have been rising for the past
few weeks, but are seeing their biggest
move higher Monday.
"Bottom line, rate sheets are going to
be ugly this morning," wrote Matthew
Graham, chief operating officer of
Pioneer Bank understands

Mortgage News Daily. "Some lenders


that time is preccious so we
will be at 4.5 percent on their best-case-
offer products to help you
scenario 30-year fixed quotes."
spend less tim me worrying

That is the highest rate since 2014.


about financess and more
th that matter
tt

The average rate on the popular 30-


year fixed started the year right around
4 percent but then began to climb on
positive news in the U.S. economy,
solid company earnings reports and a
shift in foreign central bank policies
which appear to now be following the An
A
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.
Federal Reserve's tightening of
monetary policy. The rate was at 4.28
percent by the end of last week.
Pioneeer Bank has been your FREE Checking

"Apart from central banks, there's a


commmunityit bank
b k sincei 1901
1901. FREE Business Checking
When n you grow, we grow.
ton of bond market supply coming down
Savings
Business
ness or personal, whatever
the pike due to infrastructure and tax bill
Personal and
your financial needs, we provide

spending," Graham said. That new


Commercial Loans
solutions to help you succeed!

supply will send yields and,


Mortgage
g g Loans
Obtain your mortgage, car loan
Merchant Services
consequently, mortgage rates higher.
and credit card — then pay
thesee and additional bills from Internet & Mobile

Mortgage rates jump to the highest


online
e Bill Pay. Pioneer Bank Banking

point in 4 years, an ominous sign for


understands
rstands your needs and eStatements

spring housing
provides
des the latest innovations Online Bill Pay

Mortgage rates jump to the highest


in ban
nking! Remote Deposit

point in 4 years, an ominous sign for


spring housing
THREE CON
NVENIENT L
LO
OC
OCATIONS
AT
TIONS
A huge sell-off in the bond market is
about to make buying a home more
N. M
esa S
N. M t. Trawood Dr.

expensive. Mortgage rates, which


esa S
t.
Lee Trevino Dr.

Lee Trevino Dr.

loosely follow the yield on the 10-year


r.

r.

Gateway
sler D

sler D

y East

Treasury, have been rising for the past


S. Re

S. Re

few weeks, but are seeing their biggest


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

move higher Monday.


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

"Bottom line, rate sheets are going to


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

be ugly this morning," wrote Matthew


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

Graham, chief operating officer of


Mortgage News Daily. "Some lenders www.pioneerb
w
www. i b
bnk.
k .co m
will be at 4.5 percent on their best-case-
scenario 30-year fixed quotes."
om
2018 Issue 1 Builders Outlook 11

nahb.org/MA
12 Builders Outlook 2018 Issue 1
Updated every month, here is a list of the 2018 EPAB Membership.
EPAB Membership Remember to please do buinsess with fellow members.
Builder members Santana Custom Homes Dorney Security Mini Concrete Materials
as of January 31, 2018 Fernando Santana John Dorney Joe Soto
Southwest Land Development Serv. DWS Building Supply Morrison Supply
AT Architectural Designs Doug Schwartz Sabrina Voorhies Sam Shallenberger
Elsa Taracena The Heritage Group E.F. Building Materials, Inc. MTI Ready Mix, Inc.
Accent Homes David Bingham Efren Fraire Tony Mullen
Mark Dyer Trejo Construction Co. Eagle Roofing Products New American Funding
Bain Construction Juan Trejo Scott Aguilar Brenda Trillo
Scott Bain Tropicana Building Corp. El Paso Building Materials New Era Foam
Bella Vista Custom Homes, Inc. Bobby Bowling IV Ken Wade George Tollen
Edgar Garcia Tropicana Development El Paso Disposal Passage Supply
BIC Homes Greg Bowling Irma Parsons John Chaney
Antonio Cervantes Tropicana Homes El Paso Mortgage Bankers Association Patriot Mortgage
Blue Star Construction, LLC. Randy Bowling Gilbert Pedregon Randy Bowling
Carlos Villasana Tropicana Properties El Paso Star Ready-Mix Concrete Inc. Pella Windows
Carefree Homes Demetrio Jimenez David Armendariz Jason Bates
Richard Aguilar Villagi Homes, LLC El Paso Times Performance Glass & Aluminum
Casas De Leon, LLC Kristi Eddings Jose Molina Hector Hernandez
Nick Bombach Will Harvey Development El Paso Truss Pioneer Bank
Classic American Homes Will S. Harvey Luis Mendiola Kathy Carrillo
Priscilla Hernandez Winton/Flair Homes El Paso Winnelson Prewire of El Paso, Inc.
Crown Heritage Homes Herschel Stringfield Rene Goldfien Steven Drury
Lydia Mlouhi Associate Members Ferguson Enterprises Inc. PRIDE Ascend
Cullers & Caldwell Builders as of January 31, 2018 Albert Holguin Dr. Lonny Wright
John Cullers 2-10 Home Buyers Warranty First American Bank Post Tension
Cullers Homes Jeanine Jones Luis Sauceda Dennis Moore
Jason R. Cullers 84 Lumber First Light Federal Credit Union Powerfoam Insulation:
D. R. Horton Homes Ernie Chavez Lorenzo Revelez Metlspan NCI Group, Inc.
Jaime Gonzalez 915 Siteworks, LLC First National 1870 Arnie Pederson
Dawco Home Builders Dan Guevara Haley Merritt Randall Smith, CPA
Walter O. Lujan ABC Supply Co., Inc. Firth, Johnston, Bunn & Kerr Randall Smith
Deal-2-Deal Homes Larry Eck Jay Kerr Real Estate Weekly Newspaper
dba Deal-2-Deal,LLC Acme Brick Company Foxworth Galbraith Lumber Riley Stephens
Delton Deal Vanessa Rocha; Steve Bush Dan Villarreal Rebath of El Paso/Las Cruces
Del Rio Engineering, Inc. Adams Moulding & Lumber Franklin Building Materials Lisa Walling
Sal Masoud Tom Swahlen Ricardo Aguilar; Cristina Sheldon Remcon Self Storage
Diamond Homes, LLC Area Iron & Steel Works, Inc. G2 Ram Electric Will Harvey
Valerie Baquera Fred L. Edmonston Jr. Luis Cano Richman Group Affordable Housing Corp.
Donald Ward Builder, Inc. Atrium Homes GCC Sun City Materials, LLC Kevin Hoffman
Donald Ward Ricardo Bocardo Jr. Antonio “Tony” Chavez Rocky Mountain Mortgage Company
E. Valencia Land Development LLC Bank of Texas GECU- Greater El Paso Credit Union Dean Inniss
Eddie Valencia Ray Owen Brenda Aguirre Roe, Brad
Edward's Homes, Inc. Barnett & Bennett Construction Greater El Paso Chamber of Commerce Bradley Roe
Eduardo Fernandez Ben Trzyna GEPAR-Greater El Paso Rudolph Chevrolet
EPT Bella Custom Dream Homes Baron Supply Assoc. of Realtors Mike Ruffin
Leti & Javier Navarrete David Trammell Jason Sanchez Saldivar Electric, Inc.
EPT Land Communities Barragan & Associates Hardware Specialties Martin A. Saldivar
David Bogas Benito Barragan Jeff R. Paxton Sarabias Blue Sanitation
Everest Homes Barrett Airworks Harris Real Estate Group Monica Brown
Edmundo Dena, Jr. Alexandro Castro Lane Harris SSenercon
Fortune Custom Homes Beasley, Mitchell & Co., LLP Haskins Electric Javier Ruiz
Javier Andrade Brad Beasley Charles B. Haskins, Jr. Sherwin Williams Paint
Gaddy Construction BMC Select Home of Texas Cruz Lopez
Charles Gaddy Jaeson Iovinella Mark Smiley Sierra Title Company/Lawyers Title
GMF Custom Homes, LP Boise Cascade Home Performance Testing Angelique Roman
Frank Torres Mike Flores Fernando Garcia/Ray Gonzales Simpson Strong-Tie Company, Inc.
Guel Construction Border Solar HUB International Ken Donham
Rudy Guel Javier Ruiz Luis Rosas Snappy Publishing, LLC
Hakes Brothers LLC Builders Source Appliance Gallery Insight Mortgage Company Ted Escobedo
Chris Hakes Kathy Rose, Sandra Lucero Shawn Weeks Solar Smart Living
Hanson Asset Management, LP C. D. Lee/Britton Insurance & Bonding Interceramic Tile & Stone Gallery Larry Perea
Russell Hanson Anthony Landavazo; Lisa Daniels David Holguin Southwest Décor El Paso Corporation
Homes by Design Cabinet Masters Inter National Bank Chris Matthews
Leslie Driggers Hoard Mike Robles Natalie Ojeda Spectrum Technologies
Hunt Communities, LLC Cardel Design Group J & H Concrete & Post Tension Miled Daou
Kathy Parry Lorraine Huit Jorge Herrera Stewart Title of El Paso
Icon Custom Home Builder, LLC. Casa Ford & Casa Nissan James L. Ellis, CPA, PC Cindy Bilbe
Carlos Garcia Luke Lowenfield Jim Ellis StrucSure Home Warranty
Industrial Realty Group Incorporated CEA Engineering Group Jimmy Garza Scott Whisenant
Brent D. Harris Jorge L. Azcarate Emergency Water Removal Su Casa Magazine
JER Custom Homes, LLC Central Texas Metal Veronica Buchanan Bob Skolnick
Jorge E. Rodriguez Roofing Supply Co.,Inc. Jobe Materials, LP Sun City Winnelson
Kayton Lee Residential, Inc. Ben Garza, III Charlie Tellez Dean Moore
Brianna Barnes Centricity Joe Bernal Insurance Texas Gas Services
LMJ Construction Co., LLC Brent R. Morgan & Financial Services, Inc. Mica Short
Mike Lopez Chaparral Materials, Inc. Joe M. Bernal Texas Title Company
Lloyd Hamilton Construction Leroy Trujillo L & P Building Supply Steve Raney
Lloyd Hamnilton III City Bank Texas Denise McConnell TFCU
Loyalty Homes Bob Kotarski Legacy Real Estate Services Yolie Melendez-Estrada
Gustavo Loy City Lights TTI Prop. Management. The Dorian Group/Ocean Gallery USA
M A Builders & Design, LLC Thomas Brown Patrick Tuttle Miguel Angel Mercado
Mustafa Ali Cognent, Inc. Lennox Industrie The Home Systems Heating & Cooling, Inc.
Metro Homes, Inc. Martin Paredes Sharon Horton Jesus Chain
Fernando Torres, Judith Arrunada, Commercial Insurance Brokers, Inc. Lone Star Title Co. of El Paso Trane Residential Solutions
Millennium Homes Ken Foster Sam Trimble Robert Meske/ Kathleen Chacon
Dan Ruth Conde, Inc. Love Engineering, Inc. TRE & Associates
Pacifica Homes, Inc. Conrad Conde Montez Love Linda Troncoso
Juan Jose Vasquez Copenhagen Imports Majestic Realtors Trim Team
Palace Homes, Inc. Flemming Carlsen Patti Musshorn Juan & Kris Hernandez
Robert Diaz CQC Testing and Engineering, LLC MAK Roofing & Construction USA General Contractors
Palo Verde Homes Jaime Rojas Felix Vizarreta Javier Olmos
Edgar Montiel Dal-Tile Masco Contract Services Vision Consultants, Inc.
Pointe Homes Joseph Cepeda dba Gale Insulation Kelly Sorenson
Carlos Villalobos Delek US dba 7 Eleven Tom Harmon WestStar Home Loans
Porter Homes Sonja Scanlan McCoy's Building Supplies Cinco Houghton
Albert Porter Demcon Disposal Management, LLC Julie Reyes WestStar Bank
R.C. Baeza & Associates Maria Elena (Nena) Gomez Mechanical Technologies David Osborn
Robert C. Baeza Desert Quest Plumbing Jaime Zubiate WestStar Title
R.E. Welch Contractor Hector Gonzalez Merrill Lynch Janette Coon
Gordon Welch Dunn Edwards Paints Thomas (Tommy) Gabriel
Rassette Homes, Inc. Nathan Gordon Mingo’s Painting & Remodeling
Donald Rassette Erik Chavarria
2018 Issue1 Builders Outlook 13

2018
Calendar of
Events
JFEB FEBRUARY 8,2018 BOARD/GENERAL MTG. 11:00 BOARD
12:00 GENERAL MEETING­ E L PA S O C LU B

MAR MARCH 8, 2018 BOARD MEETING 12:00 NOON EPAB OFFICE


MARCH 14, 2018 SPEED SELLING EPAB OFFICE
MARCH 21­23 TAB MEETING AUSTIN, TX

APR
APRIL 6­15 PARADE OF HOMES ARTCRAFT ESTATES
APRIL 12, 2018 BOARD/GENERAL MEETING 11:00 BOARD
12:00 GENERAL MEETING­ E L PA S O C LU B
APRIL 18, 2018 GOLF TOURNAMENT BUTTERFIELD TRAIL
APRIL YOUNG DESIGNERS JUDGING EPAB OFFICE
APRIL 28, 2018 FIRST HOME SATURDAY BASSETT PLACE

MAY MAY 10, 2018 BOARD MEETING EPAB OFFICE


MAY 16, 2018 BOWLING EVENT
MAY, 2018 IDEA AWARDS

JUNE JUNE SPEED SELLING EPAB OFFICE


JUNE 14, 2018 BOARD/GENERAL MEETING 11:00 BOARD
12:00 GENERAL MEETING­ E L PA S O C LU B
JUNE 15, 2018 CASINO NIGHT EPAB OFFICE
Kudos
Congratulations to Luis Rosas, vice president of HUB International, who was
recently named as the 2017 Agent of the Year. The James F. Elliott Award.
Rosas has been a Board Director for the EPAB for several years. He is co-
chair of the 2018 Spring Golf Tournament. Congratulations Luis. Well done!

Condolences
Heartfelt condolences to Edmuno Dena on the loss of his aunt Maria Templin. new h o m e s
Advertise your business to the for el paso...
y f o u n d h e re
home building industry OBuutlildoeorsk 2016: Ho
us
Recovery ing
National,
State &
Local Buildin
g Industry
News
2015: Issue
10

easil
Widely distributed throughout the city
www.elpa to pick
sobuild
ers.com up steam
amid
challeng
S

and available to readers online, the


teady empl

gradual
demand, oyment and econ
mortgage
affordable
rates will
omic
home price growth, pent-
s and attrac up
es
upwa keep
headwinds rd trend in 2016 the housing mark tive
and labor related to short . However, persi et on a
February 2017 •
FREE
, along with ages and stent
impeding rising mate availability
a of
to economismore robust recov rials prices are lots

Builders Outlook is an important


el paso
participate ts who ery, acco
rding
d in a Natio
of Home nal Asso
Builders ciation
Constructi (NAHB)
on Forec Fall
astWebina
r.
“This recover
NAHB Chief y is all about
jobs,” said
people can Economist David

builders
they have,

advertising medium for any business


incomes get good Crowe.
“If

Introducing
, the housing jobs that pay about purchas the more
comfortable
to move market will decent
forward.” continue And while ing a new home.” they feel
The good mortgag
news, Crowe expecte e interest
total U.S. d to
employm added, is averaging rise over the near-ter rates are
well above ent of 142 that 4.5 percent m,
percent
that occurrethe previous peak million is now in in 2016 Single-Family
d in 2008. of 138 million expecte 2017, Crowe said and 5.5 Turning Continu
The one
caveat is recovery.
d to have
an impact this is not to the forecases to Post Gains
been concent projectin t, NAHB
“As the
that job and wage econom on the housing g 719,000 is
sector, which rated heavily growth has growth should y gets better,
2015, up
11 percent
single-fa
mily starts
in the service even though produce
than goods tends to pay mortgag keep pace. job d last year. from the 647,000 in
producing lower wages will still e rates So production Single-family units
Meanwh be low by
jobs. very affordab historica will rise, they is projecte
doubled ile, home equity l standar addition
al 27 percent d to increase

that want to reach this valuable market.


since has le.” ds and units. an
$12.5 trillion. 2011 and now nearly in 2016
to 914,000
stands at Supply On the multifam
“The single Headwi
people’s biggest Crowe noted nds 354,000 ily side,
portfolio asset in several units last production
hinderin 331,000 year, slightly
said Crowe. is the home most g a more factors level that ran at
“That’s importa they own,” NAHB survey robust recoverthat are level of is conside above the
primary product
purchas
ers of new nt because the builders of its y. Citing ion. Multifam red a normal
sellers of reported members, 13 percent an same expecte
d to rise
existing homes are labor was the cost of concern this year 9 percent ily starts are
homes. and
The more the a
that concern significant problemavailability of that ratio shot s regarding lots and post to 387,000

Fall Hom
decline
equity jumped in 2011 up to in 2011 to 378,000 a modest 3 percent units
About one-fifth to 61 percent and Concern 58 percent and units

e and
Residen
of builders in 2014. at 58 percent s over building in 2014. tial remode in 2016.
forecasted

Garden
shared the among builders materials ling activity
from 33 stood over last to increase 6.8 is

Show
percent in 2014, year and percent
No doubt in 2011. up percent rise an addition in 2015

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

thousands
really made
that much the showca together
of actually more interesting. se home

El Paso New
The process
setting up piecing the walls
the floor together,
Continu
The annual a wall or and
ed Page
brought Fall Home in the ceiling the all that goes
6
thousan and the faint
Judson ds of people Garden show hearted. is not someth on
Williams Habitat “We were ing
show kicked Conven into the for asked by for
tion could from Humanity to donate
people were off October 9. Center as the could,” Torres this build, what we
The throngs and I’m
presented greeted by a of the showca told the Outlook proud that we
very
produce show compliments nicely waiting for se was quickly . The rest
r Show of the of
Antonio. Technol taken to
ogy out
of San parts that some of the frame a lot
could be

Call Margaret: 915-778-5387


The show waste. used so and other
showcase featured a spectac showcase
Overall
a very beautifu to not go
home by to
Metro Homes. new builder ular for years home that will continue l green
was made The design member to come.
of the display The Fall to give
site in orderto be partially constru show of Home and
established to meet the time cted off its Garden
lines center was kind this year since was the only some time,”
that even for the show. taken over the Sam Shallen said Associates
with that “I have to Bowling
Champi for the Men’scivic Chairma
hustled
to make addition tell
al time we you center turned onship (ABC). and exhibito berger. “We had n
product sure we really into a The civic rs and that new bring to
to had complet
e with state large bowling
have.” was a nice displays what’s the consumer
CTU Metro show,” said Fernanda great run into alley The present thing to hot in the because
of the art I know
staged the Homes. Beautifu o Torres of center or
situation
s like this lanes. “We Wizard, ing attractio said. world of
walls,” Santos
l and elegant
the show house became halls we when the Brian Santos n was Our sincere
winning the favorite ly that can
fit
use are
the
civic demons
trations who did the Wall and all the thanks to
efforts. Best of several
“We Show for of of Show our shows,” said only ones “I really during
love coming the three day
CTU
Acosta Realsuppliers and the Metro Homes
off our modelsare excited to the
flexible but
Technol
ogy. “We Tommy Mantini so many to El Paso event.
estate agents to the public
be able
to show have to folks of gratitud Estate. We also staff of David
we would then again I know be the Outlook for the first time,” and seeing e owe a
market and because we’re
and to the civic center to the exhibito
real showed
have pent that this Builders . “The El
Paso Associa Brian told rs who filleddebt
product we think new to the during this up demand and year has things for with good product the
we have it other associa helped me get tion the visitor
to
continue offer the consum a very good
What impress event.”
tions other gigs of Home and to see.
s and lots
Our Spring of

Home Builders
ed many recomm
d. er,” Torres aisles and was endation,” and I’m grateful with
11-13, 2016.Garden Show is
comfortablythe amount of roomthe carpeted who has
authored
he continue for the on
reach potentiaDon’t miss this for March
move to and several d. Santos,
was one around. is an inventor “how Technol l custome opportunity
of the nicest “I thought compan and innovato to” books ogy today rs. Visit to
shows we’ve this ies www.sh at Show
had in relationship including Home r for several owtechn
Depot. information ology.co
Depot and with Rubber Maid “My on the Springm to get
Lowes is and Home show.
really a
great thing
to See More
Photos
Page 8

magazine & website


information...
ves.com for more
Visit www.ElPasoMo

• Part of Homes of El Paso magazine


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

Call Martha today for more


information at (915) 204-7017.
S h o w ro o m :
9400 Gateway East  El Paso, TX  79907
(915) 593-1301  (800) 356-9546
Another Mesa Publishing Publication, serving El Paso Home

www.efbmi.com
Buyers for 25 years. www.MesaPublishing.com
www.ElPasoNewHomeBuilders.com
14 Builders Outlook 2018 Issue 1

Joint Meeting training as a stock

unites industry
broker and was in day
two of that training.
When Gilbert Pedregon approached His story, sometime
the El Paso Association of Builders about emotional from the
hosting a meeting it wasn’t your average memories it triggered,
meeting idea. Gilbert told Ray that it was a story of
would be “a meeting of the industry” to courage,
get to know each other and in doing so determination and living.
begin the process of working together on The EPAB was well represented by the
issues. The plan included inviting the executive leadership. President
Greater El Paso Association of Realtors Edmundo Dena, VP Sergio Cuartas,
(GEPAR), HREP, the Hispanic Real Secretary Edgar Garcia and past
Estate Professionals association, and President Don Rassette. All four called
others. Gilbert’s idea came true in the gathering a good thing. “I think that
January as the meeting was held at the more meetings like this are good for the
Fort Bliss Underwood golf course. The builders as we get to represent our
guest speaker was Michael Collins, association in an industry wide event,”
Regional Director for MGIC and a Dena said.
survivor of the twin tower 9-1-1 attack.
At that time Mike was just starting

January Board Meeting


The first board meeting of the year was
held on January 18 at the EPAB office. The
meeting was the initial gathering for the new
board. In the meeting the board introduced
themselves to each other and to announce
the new committees that President
Edmundo Dena has formed.
The bylaws change was made to the
ladder position, moving the Secretary
Treasurer position to Secretary and make
the treasurer position a part of the Finance
Committee. The move is similar to the way
the Texas Association of Builders leadership
is set up. The proposal passed
unanimously and is now incorporated into
the bylaws.
Also presenting were Angelique Roman
and Brenda Aguirre for the Community
Outreach committee. Projects that the
association can be done were mentioned
and support given to the effort. Kelly
Sorenson heads up Builders Education and
she announced that the committee would
present as needed.
The next meeting of the Board will take
place February 8 at 11 am at the El Paso
Club.
Builders Outlook 2018 Issue 1 El Paso Disposal
6046 Surety Dr. El Paso, TX 79905
915-778-5387 • Fax: 915-772-3038
Sandra Lucero, Builders Source

772-7495
■ ExEcuTivE OFFicERS
PRESiDENT Ted Escobedo, Snappy Publishing
Edmundo Dena Jorge Herrera, J&H Post Concrete & Post Tension
vicE PRESiDENT Angelique Roman, Sierra Title
Sergio Cuartas Patrick Tuttle, Legacy Real Estate
SEcRETARY Sam Trimble, Lone Star Title
Edgar Garcia Patricia Martinez, Stewart Title
ExEcuTivE vicE PRESiDENT Randall Smith, Randall Smith, CPA
Ray Adauto
PAST PRESiDENT ■ TAB STATE DiREcTORS
Don Rassette Randy Bowling - Life Director
Sam Shallenberger
■ cOMMiTTEE cHAiRS Edmundo Dena
Membership
Ted Escobedo ■ NATiONAL DiREcTORS
Patrick Tuttle Bobby Bowling, IV
Demetrio Jimenez
Finance committee Leslie Driggers Hoard -Alternate
Kathy Carrillo/Treasurer Antonio Cervantes - Alternate
Henry Tinajero
Honorary Life Members
Community Outreach Mark Dyer
Angelique Roman Wayne Grinnell
Brenda Aguirre Don Henderson
Patricia Martinez Anna Gill
Brad Roe
Land Use Council

For All Your Electrical Needs


Rudy Guel
Sal Masoud
Past Presidents
Education committed to Serve
Kelly Sorenson Edmundo Dena
Delton Deal Edgar Montiel

Residential Specialists
Frank Torres
■ ADviSORY TO THE BOARD Frank Arroyos
Jay Kerr, Firth, Johnston, Bunn & Kerr Greg Bowling

Tract Homes • Custom Homes


Randy Bowling
■ BOARD OF DiREcTORS Bobby Bowling Iv
Builders: Doug Schwartz
Delton Deal, Deal 2 Deal John Cullers
J.J. Vasquez, Pacifica Homes Robert Baeza
Leti Navarrete, Bella Custom Dream Homes Mark Dyer
Bud Foster, Southwest Land Development Kelly Sorenson
Kathy Parry, HUNT Communities Rudy Guel
Lee Gillett, Classic American Brad Roe
Laura Loy, Loyalty Homes Herschel Stringfield
Walter Lujan, Dawco Homes Bob Bowling Iii
Fernando Torres, Metro Homes Pat Woods
Leslie Driggers Hoard, Homes by Design

915-208-9313
Carlos Garcia, ICON Custom EPAB Mission Statement:
Sal Masoud, Del Rio Development The El Paso Association of Builders is a federated professional

Total Customer
Fernando Santana, Santana Custom Homes

800-853-3996
organization representing the home building industry,
Chris Hakes, Hakes Brothers committed to enhancing the quality of life in our community by
Associates:

Satisfaction
providing affordable homes of excellence and value.
Joe Bernal, Joe Bernal Insurance The El Paso Association of Builders is a 501C(6) trade
Henry Tinajero, WestStar Bank organization.
Kathy Carillo, Pioneer Bank © 2017 Builder’s Outlook is published and distributed for
John Chaney, Passage Supply the El Paso Association of Builders
Luis Rosas, HUB International by Ted Escobedo, Snappy Publishing, LLC
Brenda Aguirre, GECU Mortgage ted@snappypublishing.com
El Paso • Texas • 915-820-2800

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