Builders Post-Tension

Happy St. Patrick’s Day from all of us at BPT! Whether you're Irish or just love the festivities, be sure to embrace the luck of the Irish and have a little fun! ???? #bpt #StPatricksDay #luckoftheirish??

Happy Pi Day from Builders Post-Tension! Thanks to those we work with, and to those we don’t, we look forward to “serving” your business and keeping things in full circle! :) Greater Houston Builders Association (GHBA)

As the father of three girls, I deeply appreciate and celebrate International Women's Day. At BPT, we are proud to have a strong team of hardworking women in leadership roles who are invaluable to our accomplishments. I also want to acknowledge the strong women in our industry. The Professional Women in Building (PWB) councils at the GHBA and TAB are second to none and serve as exemplary leaders in our field. Here's to celebrating the smart, powerful women in our building industry who shape our lives in a positive way daily. #BPTWomen #PWB

DRIVERS NEEDED. BPT is busy! We are looking for CDL and Non-CDL Drivers. Must be able to offload material and have a clean driving record. Great benefits. Monday – Friday. Please call our office 281-873-9500 or email your resume to [email protected]. #bpt

Roses are red, BPT cables are blue, We just wanted to say We sure do love you! So whether you’re dancing to George or just passing the time, Happy Valentine’s Day From our hearts to thine! #bpt #valentinesday

Greg and Jeremy joined nearly 200 members of the GHBA, along with representatives from 25 other local HBA’s across Texas, to meet with state legislators. Their mission was to advocate for our industry’s legislative agenda, emphasizing housing affordability and attainability, and to ensure our lawmakers hear directly from those shaping the future of homebuilding. #bpt #txcapitol #GHBA

GHBA Midyear Forecast Luncheon Summary January 28th, 2025. Featuring?Lawrence Dean CEO of Community Builders Advisory Services ? ·??????Opening remarks by Houston Mayor John Whitmire were encouraging.?That was the first time I have heard a HOU Mayor speak directly to the Building Industry about reducing regulations and bureaucratic red tape.?This is key to our affordable housing issues. ·??????The Houston MSA added nearly 140,000 people in 2023, including nearly 40,000 from Domestic Migration (the most since 2015). ·??????Houston and DFW keep leading the Country in population growth. ·??????Houston saw the 4th largest international migration in the entire country. ·??????Texas ranked # 2 in U-Haul migration ratings. ·??????The Houston MSA is projected to add between 320K to 680K residents by 2030. ·??????Why are folks moving here???Jobs and affordable housing (compared to the rest of the US). ·??????DFW and HOU are # 1 and # 2 nationally in terms of annual job growth. ·??????HOU has 295K more jobs now than it did pre-COVID. ·??????Remodeling businesses are steady with Kitchen and Bathroom renovations leading the way in 2024. ·??????Most remodeling jobs are located in Central HOU (inside the Beltway) almost 30% of jobs with suburbs over 20%. ·??????Higher % rates are affecting both Remodeling and Custom Home building. ·??????Volume Builders are battling high % rates by buying down rates for their home buyers. ·??????Margins are being squeezed for sure but remain pretty good. ·??????HOU and DFW are ranked # 1 and # 2 in annual housing starts in the entire Country in 2024?(52K and 47K). ·??????Mortgage rates remain elevated, and affordability is always top of mind.?HOU area Builders remain resilient despite the higher % rates. ·??????Continued M and A amongst the volume Builders is expected.??Driven by continued demand for lots, leadership and points of entry into the hottest housing markets. ·??????Volume Builders are increasingly moving geographically further out to solve both affordability and lot acquisitions.?The greater HOU area is literally 140 miles by 120 miles in size! ·??????The median household income of HOU residents is $ 79K.?@ that level, they can afford to buy a $ 250K house (up to $ 280K with rate buydown). ·??????We are still able to produce nice homes @ that price point in HOU. ·??????2025 mortgage rate forecasts range from 5.8% to 6.8%. ·??????Existing houses may continue to stay off the market.?55% or outstanding mortgages are below 4%.?73% are below 5% and 82% are below 6%. ·??????The above is good news for new construction.??We are the only game in town if you want a single-family house. ·??????HOU area median home prices forecast to grow from negative half % to a reasonable 1.8%. ·??????42% of HOU MSA population is estimated to be within the key home buying age group of 25-54, and this group continues to grow! ·??????2025 will be flat with 39,000 to 41,000 new home starts. ·??????Steady Eddie Stay Calm and Keep Building!

BPT has one of the finest, award-winning sales team in the industry.?#BPT #AmericanOwned #GHBA

BPT Houston will be closed tomorrow (Tuesday) due to the weather and will open back up on Wednesday at noon. Thank you for understanding, and be safe out there! ??????

“We must use time creatively in the knowledge that the time is always right to do right.” - Marlin Luther King Jr. Wise words spoken by a wise man. #MLKDay #martinlutherking?