1 Introducing the NEW EPAB Website and the Builders Outlook smart
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2025Issue10 BuildersOutlook 13
Put the most powerful tools to reach the El Paso Building Industry to work for you.
www. elpasobuilders. com
VOL 2025 ISSUE 1
BUILDERSOUTLOOK
PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS: NATIONAL, STATE AND LOCAL HOME BUILDING INDUSTRY NEWS
Existing home sales at nearly 30-year low despite December gains
1 Introducing the NEW EPAB Website and the Builders Outlook smart
phone app, website and digital edition. Now you can reach the El Paso home building industry through these three targeted tools.
1 Email Distribution
Every issue of the Builders Outlook is emailed to hundreds of EPAB members. With live links to important websites and all advertiser-sponsors, the Builders Outlook continues to be the official publication of the El Paso Association of Builders.
Despite higher mortgage rates and Total existing home sales, including elevated home prices, existing home single-family homes, townhomes, sales jumped to a 10-month high in condominiums, and co-ops, rose December, marking three monthly 2.2 % to a seasonally adjusted annual gains in annual growth, according to rate of 4.24 million in December, the the National Association of Realtors highest level since February 2024.( NAR). However, existing home sales On a year-over-year basis, sales end 2024 at 4.06 million, the lowest were 9.3 % higher than a year ago, level since 1995 as the median price the largest annual gain since June reached a record high of $ 407,500 in 2021. However, total sales in 2024 2024. fell to 4.06 million, breaking below While inventory improves and the 2023’ s record low of 4.10 million and Fed continues lowering rates, the marking the lowest annual level since market faces headwinds as mortgage 1995. rates are expected to stay above 6 % The Pending Home Sales Index for longer due to an anticipated( PHSI) is a forward-looking indicator slower easing pace in 2025. The based on signed contracts. The PHSI prolonged rates may continue to rose from 77.3 to 79.0 in November discourage homeowners from trading due to improved inventory. This existing mortgages for new ones with marks the highest level since higher rates, keeping supply tight and February 2023. On a year-over-year prices elevated. As such, sales are basis, pending sales were 6.9 % likely to remain limited in the coming higher than a year ago per National months due to elevated mortgage Association of Realtors data. rates and home prices.
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Online Edition and banner ads on website
Every issue of the Builders Outlook is available to read and download in a user-friendly, professionally converted online publication. Plus your ad can be upgraded to appear on www. elpasobuilders. com the oficial EPAB website.
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Award winning Mobile App
With the addition of the Builders Outlook App, more readers can easily access the valuable information contained in every issue of the Builders Outlook.
• Current and relevant national, state and local industry news
• Complete rundown of upcoming events
• Digital Issue available all month
• NAHB and TAB member benefits
• Complete searchable database of of all EPAB Builder and Associate Members
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The Builders Outlook Ad Bundle increases viewership to all EPAB members, their employees, and staff. Now, the Builders Outlook is more visible and has the most distribution than ever before.
Call 915-778-5387 for rate information