The Home Builder - October 2024

No. 10

VOLUME LXXI

October 2024

State of the Industry Summit examines housing trends By Gena Godinez Dallas Builders Association Executive Officer As the housing mar-

Industry Investors

From left, Bryan Glasha- gel, senior vice president of Zonda; Dallas BA Presi- dent Adam Lingenfelter; sica Goehring, Hotchkiss Insurance Agency; Scott Norman, TAB executive officer; and Scott Rohrig, director, industry relations, new construction of Zillow Group Summit Title Partner representative Jes-

ket continues to navigate a complex economic land- scape, recent presentations from the Texas Association of Builders, Zonda and Zil- low during the State of the Industry Summit presented by Hotchkiss Insurance Agency shed light on current trends, challenges and opportunities

BRIEFLY

Continued on page 7 Oct. 1 is deadline for Installation of Leadership tickets, partnerships

Join the Young Profes- sionals Council Oct. 2 for an industry update presented by Ted Wilson of Residential Strategies. This event is free for members ages 40 and under. RSVP. n n n City of Dallas staff Sam Eskander and Vernon Young will present a program on Transition of the Development Services Department at the Oct. 3 Dallas Divi- sion luncheon. RSVP. n n n The New Member Welcome Breakfast is set for Oct. 8. Network with the Association’s newest members while learning about the great benefits and discounts available through mem- bership. Special thanks to Yearlong Member- ship Partner StrucSure Home Warranty. RSVP.

Kelly Hoodwin, CGA, CMP, of Altura Homeswill be installed as the president of the Dallas Builders As- sociation Oct. 11 during cer- emonies held at the Frontiers of Flight Museum in Dallas. The annual Installation of Leadership is presented in partnership with StrucSure Home Warranty. Matt Walls of Winston Custom Homes will become the first vice president. Landon Hood of Histo- ryMaker Homes is the new officer on the ladder, serving as vice president/secretary. Matt Robinson of BGE Inc. has been elected associ- ate vice president, and Steve Puckett of Prosperity Bank will return as treasurer. Aviation themed Instal - lation ceremonies will also feature an open bar, themed

cocktails, valet parking and a photo booth. Tickets are $150 per per- son through Oct. 1 and can be purchased at DallasBuilders. org . Tables of 8 are available. Partnership opportunities are available ranging from $1,000 to $3,800. Information is available from Jasmine Streete at 214-615-5012 or jasmine.streete@dallasbuild- ers.com.

Kelly Hoodwin President-Elect

Matt Walls 1st Vice President-Elect

Landon Hood VP/Secretary-Elect

Matt Robinson Associate VP-Elect

Steve Puckett Treasurer-Elect

THE HOME BUILDER

October 2024

Page Two

The HomeFront Government Affairs News and Info

David Lehde Director of Government Affairs

From Big City to Small, Dallas BA Weighs In

cilities to prevent a shortage of service. The moratorium “suspends ac- ceptance, authorization, permits and approvals necessary for residential property development consisting of the subdivision, platting, construction, reconstruction, or other alteration or improvement thereof, for residential property development within the City’s corporate limits and extrater- ritorial jurisdiction.” The essential facilities reported in the ordinance appear related to water distribution and the wastewater col- lection system. Dallas BA opposed the ordinance due to the negative impact it would have on the availability of needed housing at a time when the region continues to see growth. The Association also questioned whether Princeton had provided ad - equate evidence to justify a morato - rium based on the shortage of essential public facilities. Chapter 212.135 of the Texas Local Government Code requires that evidence cited demonstrates the extent of need beyond the estimated capacity of existing essential public facilities that is expected to result from new property development. In a letter to the City Council, Dallas BA questioned whether the evidence offered in the city’s docu - ments related to essential facilities was adequate, as it cited service demands that was well below capacity and un- presented analysis that did not appear to show the portion of capacity being used that is resulting from new prop- erty development and an extent of need beyond estimated capacity.

Dallas BA also warned that a moratorium is an open-ended action, as the city could decide to extend the moratorium after 120 days. This leaves the citizens with no guarantee of when the moratorium would conclude, pos- sibly extending the negative impact to the local economy. The moratorium includes excep- tions for ongoing projects, grand- fathered projects, and development agreement projects. The ordinance also details a process to apply for waivers during the time of the moratorium. Dallas BA members should mark their calendars for Feb. 11. Rally Day is one of the biggest grass roots advo - cacy events for the Association. Dallas BA will join other home builder association members as we go to the Texas Capitol in Austin to speak with our service area’s state represen - tatives and senators about policy that is important to the industry and state economy. Mark Your Calendars Now for Rally Day

A question we often get from our members is if they will have to speak during the meetings. Don’t worry, each meeting consists of a team of Dallas BA members captained by a member who has experience in that setting. And, as you are the expert for your field, you will easily find yourself offering helpful information. It is also a good way to both learn about the state regulatory process and enjoy networking time with other members. More details about the event and transportation are coming soon. Dallas BA members who have questions about these and other Asso- ciation advocacy matters can contact the Director of Government Affairs. We appreciate the participation of our members. “Associate with men of good quality if you esteem your own repu- tation; for ‘tis better to be alone than in bad company.” – Rules of Civility, No. 56 — Transcribed by a young George Washington in his school copybook.

Dallas Council Adopts Updated Comprehensive Plan The Dallas City Council on Sept. 25 adopted ForwardDallas – 2.0, the city’s comprehensive land use plan. The document is not Dallas’ actual development code but does give an idea of how the city views addressing those ordinances, and needed housing, in future. The Forward Dallas plan makes use of “placetype” categories that are proposed for updates to respond to land use concerns such as land use compat- ibilities, housing access, challenged single-use commercial corridors, and community concerns related to devel - opment patterns. As is often the case with land use plans, there are parts of ForwardDallas 2.0 that the Dallas Builders Associa- tion does not agree with. However, the aforementioned fact that it does not change any existing development or zoning ordinances means those types of discussions, and more importantly, details, would occur when such ordi- nances are up for review. There is a need to simplify those regulations, when we consider the difficulties home builders can have when maneuvering the current maze comprising over 1,100 zoning districts and categories. The city of Princeton on Sept. 23 passed a 120-day moratorium on new development projects. The city, in part, sought the moratorium on single- and multifamily development to analyze the service level of essential public fa - Dallas BA Opposes Local Moratorium

The Home Builder is published monthly by the Dallas Builders Association at 5816 W. Plano Pkwy., Plano, Texas 75093. Telephone 972-931-4840. BARCIE VILCHES, Editor

THE HOME BUILDER

October 2024

Page Three

Dallas BA members take aim for advocacy

Dallas BA members braved the rain on Sept. 4 to participate in the HOMEPAC Shootout, presented by BGE, Inc. The Association’s sporting clay shoot, benefiting advocacy, pro - vided a fun opportunity for members to enjoy the outdoors and network with others in the industry. The team from M/I Homes earned first place honors, with the team from Tri Pointe Homes taking second place. 2024’s Top Shooter was Jeff Haury with M/I Homes. This annual event was held at

Elm Fork Shooting Sports in Dallas. A special thank you to HOME- PAC Shootout Partners: Title Partner, BGE, Inc.; Breakfast Partners, FBS Appliance and Michael Joyce Prop - erties; Lunch Partners, Burgess Con- struction Consultants and Fox Energy Specialists; Beverage Partners, Perry Homes and Rockhill Capital & Invest - ments; Cart Partners, Structure Home Warranty and Texas Insulation; Station Partners, Builder First Source/Marvin and Neighborhood Management Inc.; and Prize Partner, RPRE, LLC.

1st Place Team: Dallas BA Director of Government Affairs David Lehde with M/I Homes team of Jeff Haury, John Porizek and Jonathan Morley

David Lehde presents the Top Shooter award to Jeff Haury with M/I Homes.

2nd Place Team: from left, JB Giddens, Scott Kirby, (Dallas BA Director of Government Affairs David Lehde), Mike Shaffer and Andrew Hamil - ton, all with Tri Pointe Homes.

THE HOME BUILDER October 2024 Pella hosts packed September After Hours Page Four

Host Joshua Montgomery with Pella Windows and Doors and Frank Murphy, Wynne/Jackson Inc., who wins a $150 Home De- pot gift card and a Pella gift bas- ket.

Joshua Montgomery with Pella Windows and Doors presents builder Dennis Jaglinski, N3 Luxu- ry Living, with a $150 Home Depot gift card and some Pella swag.

Justin Jeffrey with Slate Plumb - ing wins a $50 VISA Gift Card from the Dallas BA, an extra door prize in celebration of Associate Member Appreciation Month.

Host Joshua Montgomery with Pella Windows and Doors and Kelly McClure, Love That Door, LLC, who wins a free Dallas BA eLert valued up to $345.

Joshua Montgomery presents Mike Watson, Blue Chip Insula- tion LLC, two tickets to the Dallas BA’s upcoming Casino Christmas in celebration of Associate Mem- ber Appreciation Month.

Pella’s Joshua Montgomery gives a bottle of 1924 Don Roberto Te- quila to door prize winner Tyler Carroll, Allura.

A bottle of Casa Maestri Tequila goes to door prize winner John Humen with Harrison Homes, pre- sented by Joshua Montgomery.

Hara Murphy with Adooring De- signs wins a bottle of Bulleit Bour- bon Frontier Whiskey, presented by host Joshua Montgomery with Pella Windows and Doors.

Dave Hambley with Lee Lighting is the cash door prize winner. On hand to offer their congratulations are After Hours host Joshua Montgomery with Pella Windows and Doors and Erika Herman with 1-800 Water Damage of NE Dal- las & SE Collin County.

The guest door prize of a $50 Home Depot gift card and Pella coffee mug goes to Nelson Coleman. Host Joshua Montgomery with Pella Windows and Doors makes the presentation.

Interested in hosting an upcoming After Hours? The Association is now accepting applications to host an After Hours in 2025. To be considered as an After Hours host, Associate members must provide a venue that: n Is centrally located within the Dallas BA jurisdiction; n Can accommodate at least 150 guests; n Is air conditioned or heated as appropriate; outdoor accommodations should be shaded; n Has ample free parking. Additionally, After Hours hosts are required to: n Contribute $200 towards the Builder Jackpot. n Provide complimentary beverages including beer, wine, water and soft drinks and food for the expected number of member attendees. n Promote the event to their client base. n Include at least 2 builder, 2 associate and 1 guest door prize. Please contact Alyssa Morales at 214-615-5004 to express interest.

THE HOME BUILDER October 2024 Upcoming Classes – October & November Presented by Page Five

Building Schedules That Work- Building a Better House Series - October 9 This course provides a compre - hensive overview of scheduling tech - niques and best practices essential for the successful management of home- building projects. Students will learn how to create, analyze, and manage building schedules to ensure timely

hold the distinction of NAHB Master Instructor. Register for Building Schedules. Housing 2.0 Master Class - Octo- ber 23 Green Builder Media has joined forces with building industry luminary

Sam Rashkin to offer Housing 2.0, a pioneering training and education program focused on disruption in the housing industry. The curriculum has been de- signed to teach building professionals how to implement 30 to 70 percent cost savings for every new home built, and how to navigate the intense challenges Cost: $75 members; $100 non-member The Expert: Sam Rashkin, former chief architect at the Department of Energy and considered to be the Father of EnergyStar. This class is presented in partner- ship with Levven and StrucSure Home Warranty. Register for Housing 2.0. plaguing the housing sector. Time: 10:30 a.m. - 4 p.m. Format: Hybrid Train the Trainer Class - Novem- ber 14 NAHB offers a variety of edu - cational courses taught by industry professionals who wish to share their knowledge and experience with their peers. This course provides these pro - fessionals with the training skills needed to effectively use NAHB course materials to teach the NAHB Education curriculum. You will come away with concepts and tools to help you bridge the gap between know- ing the information and teaching it to others. Participants will be able to de- scribe adult learning principles and how they impact training, prepare to teach NAHB instructor-led courses, present information and concepts ef- fectively, use questioning techniques to facilitate learning, use visual aids and more. Time: 9 a.m. - 5 p.m. Cost: $280 members; $400 non- member The Expert: Tim Lansford, CGB, GMB, CGR, CGP, CAPS, CGA, CSP, CMP, MCSP, MCGP, MIRM, with Blast Seminars & Luxury Homes of Texas. Register for Train the Trainer.

and efficient project completion. Time: 11 a.m. - 1:30 p.m. Format: Hybrid Cost: $35 members; $55 non-member The Expert: Donny Mack, CAPS, CGP, CGR, GMB, with Mack Profes- sionals Inc./Beaver Builders. He is one of only 12 individuals in the nation to

THE HOME BUILDER

October 2024

Page Six

Milestone Anniversaries

Congratulations to these companies that are being recognized for continuous membership in the Dallas Builders Association. Presented by

Builder’s Realtor 45 Years

Siepiela Interests 35 Years Kim Pickens, Greg Rich, Grant Robinson

EO Gena Godinez; John Wood, Builder’s Realtor; Pat Nagler, Membership Committee; Dallas BA President Adam Lingenfelter

Capital Distributing Showroom 50 Years Haley Pinard 25 Years Buddy Martin Erosion Control L.P. 20 Years Atmos Energy Corporation 15 Years MetroTex Association of Realtors Rick’s Hardware & Decorative Plumbing 10 Years Brennan Enterprises Charter Drywall Dallas Inc. Lights Fantastic Pro WindowCraft, Inc. 5 Years A1 Drywall and Texture LLC American Council for Construction Education Barricade Building Products EarnhartBuilt John E. Quarles Co. RHSB Insurance

Southernwind Pools 25 Years Joey Sampsel, Adam John- son, Clay Wager, Charlie Burton

LandPlan Development 25 Years Douglas Mousel

Executive Press 25 Years Syver Norderhaug

Cadenhead Servis Gas 20 Years Membership Chair Chris Clay; Larry Baty and John Trousdale, both with Cadenhead Servis Gas; and Outgoing Metro East Division President Steven Smith

Kasper Custom Remodeling LLC 20 Years Stephen Kasper

Salinas Concrete, L.P. 20 Years Alex Salinas

THE HOME BUILDER October 2024 State of the Industry Summit held Sept. 25 Page Seven

hensive view of the housing market in the DFW region. One of the significant highlights is the stabilization of mort- gage rates. After a period of elevated rates, a decline of approximately 20% from their peak is observed, with fu - ture cuts expected to bring rates down to 5.9%-6.1% by the end of 2025. This trend is crucial for both buyers and builders, as it influences affordability and market activity. The report also highlights mixed impacts on business due to these changing rates. While 43% of respon- dents reported no impact, 29% saw increased consumer activity. Despite a slowing employment growth rate in Texas, the job market remains relatively stable with low initial unem - ployment claims, indicating a resilient economy. In terms of housing demand, new home starts and closings have normalized, capturing 29% of total closings in 2024. However, monthly new home contract sales have slowed since April. Notably, start activity is up year-over-year across most price seg - ments, particularly in the $300k-$399k and $500k-$749k ranges. On the supply side, project counts in the DFW metroplex are increasing, with 295 new projects opened versus 227 sold out in the past 12 months. Despite a balanced vacant developed lot supply, lot deliveries are slowing, yet they still outpace start activity. Zillow’s presentation by Scott

continued from page 1

industry in Texas.

in the Dallas-Fort Worth (DFW) area and beyond. These insights are crucial for industry professionals aiming to stay ahead in the competitive new construction market. The Association's annual event was held Sept. 25 at Venue Forty|50 in Addison. In addition to Hotchkiss, Summit partners were Copperweld and Corey Construction Residential and Commercial Roofing. Scott Norman, CEO of the Texas Association of Builders, provided an important overview of the political and legislative landscape during his presentation. He highlighted the im- plications of the upcoming elections and the state legislative session, which could bring significant changes to the housing market and construction

Norman noted that this year’s elections will see a large number of freshman representatives, which could lead to shifts in legislative priorities and policies. He emphasized how im- portant it will be to build relationships with them and educate them about the issues facing our industry. He also addressed recent building moratoriums that have been imple - mented in various parts of the state, posing challenges for new construc- tion projects. These moratoriums are often enacted to address infrastructure and service capacity concerns but can delay development and increase costs. Zonda’s 2Q24 DFW Market Up - date, presented by Bryan Glasshagel, senior vice president, offers a compre -

Gena Godinez Executive Officer

Rohrig, director of industry relations new construction, on Consumer In- sights and Buyer Behavior in New Construction offers a deep dive into the preferences and behaviors of today’s homebuyers. According to Zillow’s New Construction Consumer Housing Trends Report 2024, 42% of buyers are exclusively interested in new construction homes, a trend that has grown over the past three years. This preference underscores the importance of features unique to new construction, such as smart home technology and community amenities. Budget considerations remain paramount, with 89% of new con- struction buyers emphasizing the importance of staying within their initial budget. Financial incentives, like rate buydowns, are becoming critical in attracting buyers amidst high mortgage rates. Smart home capabilities are in- creasingly valued, with 63% of buyers considering them highly important, a 29-percentage point increase since 2019. Security features, thermostats, and other tech add significant value, making new homes more appealing compared to existing ones. Digital tools are no longer op- tional but essential. Features such as 3D tours, interactive floor plans and virtual staging help buyers visualize and understand homes better, increas- ing the likelihood of purchase. These tools have seen a significant rise in demand, with 72% of buyers wishing more listings offered 3D tours, up from 60% in 2020. All presentations emphasized the ongoing challenges in the housing market, including high-interest rates and affordability issues. However, they also highlight significant opportuni - ties. The preference for new construc- tion homes is rising, driven by unique features, digital conveniences and financial incentives that older homes can’t match. For builders and developers, the key takeaway is to stay attuned to con- sumer preferences. The DFW market presents a promising landscape for new construction..

October 2024

THE HOME BUILDER

Page Eight

Housing 2.0 master class with Sam Rashkin to be offered Oct. 23 Green Builder Media has joined

Metro East Division Changing of the Guard Incoming Metro East Michael Joyce Proper- ties presents a gift of appreciation to 2023- 2024 President Steven Smith of Smith Custom Building & Design. Division President Meredith Joyce of

forces with building industry luminary Sam Rashkin to offer Housing 2.0, a pioneering training and education program focused on disruption in the housing industry. This master class, presented by Levven and StrucSure Home Warranty, will be held at Dallas BA offices Oct. 23 from 10 a.m. to 4 p.m. Cost is $125 for Association members and $150 for non-members. Rashkin is the former chief ar- chitect at the Department of Energy and considered to be the Father of EnergyStar. For nearly 17 years, Sam Rashkin served as National Director, ENERGY STAR for Homes with the U.S. Envi - ronmental Protection Agency, leading the nation’s most successful voluntary label program for energy efficient homes from inception through major market transformation goals. This in-

cluded more than 1.2 million labeled homes and 25 percent-plus market penetration. Registration and details for this class can be found HERE. Sam Rashkin

October 16 | 4-6PM

The event will feature a live mixologist crafting signature drinks, delicious food to satisfy every craving, and interactive activity stations where you can paint your own pumpkin or decorate cookies. Shop from a variety of vendors showcasing unique items, and capture the moment at our photo op station. It’s the perfect way to kick off the Halloween season with a mix of fun, creativity, and a little bit of booze!

A portion of the proceeds from this event will go to the Collin College scholarship fund.

5816 W. Plano Pkwy. Plano, TX PWB Members $25 (with promo code) Non-PWB Members $35

THE HOME BUILDER

October 2024

Page Nine

Past President’s Recognition Association EO Gena Godinez and incoming President Kelly Hoodwin of Altura Homes present Adam Lingenfelter of Lingenfelter Luxury Homes a plaque of appreciation for his year in office. Hoodwin will be installed Oct. 11.

METROPLEX DESIGN SOURCE FOR EXCITING, INNOVATIVE RESIDENTIAL PLANS 972-783-4660

THE HOME BUILDER

Page Ten

October 2024

BUILDERS NEW MEMBERS RBI Private Lending

Ace Integrated Technologies John Armstrong 214-431-5700 AUDIO/VIDEO Spike: Tommy Ford, Tommy Ford Construction Cutco Business Gifts Kelly Kinzer 402-812-7206 MARKETING/PROMO - TIONAL SERVICES Deborahomes Inc. Dba. Shield Building Products Olu Ojo 647-446-3551 WINDOWS Electronic Interiors, Inc

Dimas Ibarra 800-668-1004 FINANCIAL SERVICES Stone Systems of North Texas Gary Godinez 945-321-6262 SITE PREPARATION/MAN - AGEMENT Wellness Flooring, a division of Advanced Healthstyles William Feingold 303-996-0048 FLOORING AFFILIATES/ ADDITIONALS Ranger Truss of Texas Omar Aljumaily 214-809-8991 LUMBER/FRAMING/CAR - PENTRY Pulte Group Carson Henderson 810-602-8445 BUILDERS - RESIDENTIAL Pulte Group John Jaeger 210-336-9309 BUILDERS - RESIDENTIAL Pulte Group Michael Orlie 817-253-6115 BUILDERS - RESIDENTIAL

Allred Capital Joshua Allred 512-212-0022 BUILDERS - RESIDENTIAL Oscar Andujo Co DBA TTB Homes Co Oscar Andujo 469-441-9900 BUILDERS - RESIDENTIAL . Ten22 Design and Renovation Erick Koster 210-884-7871 BUILDERS-REMODELER

SUSTAINING ASSOCIATES

Byron Frazier 972-380-8720 AUDIO/VIDEO First Bank Donnie Walton 469-277-3535

Black Gold Exteriors Nielsen Hernandez 469-457-1799 ROOFING Ranger Truss of Texas Muhammed Abukaram 469-881-3369 LUMBER/FRAMING/ CARPENTRY

Memorial services held for Phyllis Shaddock

FINANCIAL SERVICES Fixin To Windows & Doors Yajaira Rodriguez 469-215-8222 WINDOWS Prosperity Drywall Services, LLC Miguel Marquez 940-634-0466 DRYWALL (SHEETROCK)

Services were held Sept. 26 for Phyllis Shad- dock, the wife of Dallas BA Past President Peter Shaddock Sr. of the Shad- dock Companies. She was 80. Survivors include son Peter (Julie) Shad - dock Jr., son Mark (Ma -

ASSOCIATES ABI Sales & Service

Carol Leonard 817-876-0565 WINDOWS

ria) Shaddock, son Todd (Grace) Shaddock and daughter Elizabeth Shaddock (Timothy Buquoi). Read the full obituary.

Speed Networking needs volume builders to make this event a success. This is a FREE event and includes snacks, door prizes and will hopefully result in up to 10 new vendor, supplier or subcontractor contacts.

WHO: Volume Builders. The Builder member who attends should be the “decision maker.”

WHAT: Meet 10 Associates in 2 hours. Learn about new innovative products and find new deals that could improve or promote your business. The Associate Member will have 10 minutes of one-on-one and face-to-face time with each Volume Builder in a rotation.

WHEN: Tuesday, October 8 @ 3:00pm – 5:00pm

WHERE: Dallas BA Offices – 5816 W. Plano Parkway, Plano, TX

COST: FREE for Volume Builder Members FREE for Volume Builder Members

Questions? Please contact Jasmine Streete at 214-615-5012 or Jasmine.Streete@dallasbuilders.com

Dallas Builders Association | 5816 W. Plano Parkway | Plano, TX 75093 US

Unsubscribe | Constant Contact Data Notice

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10

dallasbuilders.org

Made with FlippingBook - Online Brochure Maker