www.NAHB.org
Subscribe to NBN Online
Front Page
 
President's Message
n There Are No Better Housing Advocates Anywhere
 
Regulation
n Urban Growth Boundaries Strike in San Jose
n City Claims Impact Fee Is a ‘Tax’
n Web Site Offers Help on EPA Compliance
 
Member Dividends
n NAHB Plays Key Role in Introducing Cost-Saving Foundations
 
Housing and Economics
n NAHB Works With Census on Property Tax Data
n Impact Fees Grow as Property Taxes Decline
n Home Building Rises in California, But It's Still Not Good Enough
n Spotlight on: Santa Fe
 
For Consumers
n The Kitchen Is the Most Important Room in the House
 
Small Builders and Remodelers
n Harvard Index Shows Gains in Remodeling Activity
 
Business Management
n Does Your Planning Software Match Your Project's Sophistication?
n Early Warning Signs Point to Possible Business Failure
 
Seniors Housing
n Seniors Buy Maintenance-Free Homes Close to Current Address
n Nursing Homes on the Decline
 
Research
n Wearable Computers a Possible Solution for Reading Blueprints
 
Building Systems
n Carpenter Bees Can Be Stopped From Tunneling Into Wood
 
Sales & Marketing
n Know Your Competition and Increase Your Sales
 
Labor
n Training Program Graduates Its First Class in Nashville
 
Building Products
n Fiber Glass Insulation Addresses Air Quality Concerns
 
Design
n Best in American Living Awards Accepting Entries
 
Building News
Coast To Coast

 
Association News
& Events

n Charlotte Builders Exemplify Ethics in Business
 
NBN Back Issues
 


Condominiums in Carmel Win Pillars Award

There aren’t many places where a builder can put 20 homes and a hotel on a half-acre of land in a single-family residential neighborhood and sell each home for between $1 million and $1.5 million.

But that formula worked …

Building News
From Coast to Coast

n San Francisco Eyeing Blueprint for More Housing

n Construction Builds Momentum

n Earth-Friendly, Energy Efficient Home Program Starts

n In Regulation, Shades of Green

n Study Hails the Value of Shade Trees

n Top Funds Still Carry Torch For Home Builders

n 'Green Roofs': Gardens Go to New Heights

n Casual Insurance Inquiry Can Be Costly


Hot Topics!
Need to Buy General Liability Insurance?
Are You Controlling Your Exposure to Moisture, Mold and Fungus?
Structural Defects, Can They Happen to You?
Insurance Coverage a Challenge?



Do you agree with economists who are predicting that housing construction this year will be as good as, or maybe even a little better, than last year?
They are underestimating the strength of this market.
Yes, it looks like they are right on target.
They are a bit too optimistic.
They are way too optimistic.
Don't know.
 

NBN Online Is Taking Next Week Off

Nation's Building News Online will not be published next week, May 12, following NAHB's Spring Board of Directors meeting in Washington, D.C. Publication will resume on Monday, May 19.

We Want to Hear From You

Let us know what you think about NBN Online. On everything from the news we are covering to how it is being delivered, we are waiting to hear from you.
Click here to contact the editors.


Housing Snapshot

With mortgage interest rates declining for the third straight week, almost touching the 40-year low they reached in March, housing remains a bright spot for the economy. On the darker side, the Commerce Department reported that manufacturers jettisoned 95,000 jobs in April and the nation's unemployment rate climbed to 6%. Federal Reserve Chairman Alan Greenspan told Congress that he is expecting economic growth to increase in the second half of the year, but it is still not entirely clear how much the business sector will do to make this happen.
Mortgage Interest Rates
30-Year Fixed-Rate 5.70%
15-Year Fixed-Rate 5.03%
1-Year ARM 3.74%
Housing Starts - Mar. 2003*
Total 1.78 million
Single-Family Starts 1.41 million
Multifamily Starts 366,000
New Home Sales
Mar. 2003*
1.01 million
Existing Home Sales
Mar. 2003*
5.53 million
* Seasonally adjusted annual rate


Print This Article   Print All Articles
Email the Editor  
See how Countrywide’s Prime Rate OTC construction loan can offer more flexibility to qualified buyers.
Learn how our Home Equity Loan offers flexible payment options and the ability to reuse the funds.

To unsubscribe or to manage your subscription, CLICK HERE

Nation's Building News Online is produced and distributed by the National Association of Home Builders