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n Housing Have-Nots Deserve a Boost From Congress
 
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Environment
n Pygmy Owl Data Sets Precedent for Landowners
 
Housing Politics
n House Passes Major Home Energy Bill
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n Bill Would Speed Up Apprenticeship Program Reviews
 
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n Spotlight on: Chicago
n Eye on the Economy
n Economists to Examine How Housing Is Holding Up
 
For Consumers
n High Ceilings a Trend in Reshaping American Homes
 
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n NAHB Team Helps Builders Win Political Challenges
 
Green Building
n New Mexico Builder Slashes Construction Waste Costs
n Construction Debris Diverted From Landfills in Milwaukee
n Soy-Bean Based Insulation Wins Green Product Award
 
Multifamily
n Multifamily Sector Looking at a Mixed Picture
n Job Growth Key to Apartment Market
n Slowdown Expected in Multifamily Lending
n Tax Credit Legwork a Must for Success
 
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n Know Your Technology Needs Before You Invest
 
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n Toolbox Talk: Don’t Overlook Scaffold Safety
 
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n Discussions on Rural Housing Needs Continue
 
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n NAHB Board to Meet in Early May
n May 5 Is National Membership Day
 
NBN Back Issues
 


Builders Denounce New Jersey Anti-Growth Plan

An anti-growth plan being pushed by New Jersey Gov. James McGreevey has alarmed home builders across the state and has provoked sharp criticism from NAHB.

In his state of the state address, Gov. McGreevey proposed giving local jurisdictions broad authority to impose one-year building moratoriums. In a letter to the governor, NAHB …

Building News
From Coast to Coast

n Home Builders Boost Biz With Customized Options

n IBM Builds Networked Homes With Developer

n All Clear: Add Space, Light and Brightness to Your Home With a Touch of Glass

n Is That a Daisy Growing on Your Roof?

n Second Homes: A Sooner, Not Later, Purchase

n Low-Income Housing Gains Favor

n Putting Green Just Out the Back Door

n Going for the Green

Find out how our forward commitments program can lock in rates for extended periods.
See how you can get a loan with as little as no down payment through Countrywide’s Zero Down Plus Program.



Introducing "Something to Chew On," our fun readers' survey with instant results.

What impact do you expect the war in Iraq to have on your home sales in the coming month?
The war will have a positive impact on my home sales.
The war will have little or no impact.
The war will cut my sales some, no more than by 10%.
The war will reduce my sales significantly, by more than 10%.
Don't know.
 


Housing Snapshot

Mortgage interest rates nudged up slightly last week, as the strength of the economy remained in doubt despite encouraging developments from the war in Iraq. Retail sales increased 2.1% in March, more than expected, and the University of Michigan anticipated stronger consumer confidence for April. This good news suggested the economy is not sliding into a double-dip recession, as some had begun to fear, but how long growth will continue to mope along remains an unsettled question.
Mortgage Interest Rates
30-Year Fixed-Rate 5.85%
15-Year Fixed-Rate 5.17%
1-Year ARM 3.8%
Housing Starts - Feb. 2003*
Total 1.62 million
Single-Family Starts 1.3 million
Multifamily Starts 327,000
New Home Sales
Feb. 2003*
854,000
Existing Home Sales
Feb. 2003*
5.84 million
* Seasonally adjusted annual rate


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