www.NAHB.org
Subscribe to NBN Online
Front Page
 
President's Message
n For Working Families, Affordable Housing Is in Short Supply
 
Housing Forum
n Letters to the Editor
 
Housing and Economics
n With Mortgage Rates Down, New Home Sales Are Up Again in February
n Performance of Housing Industry to Remain Strong, Economists Predict
n Single-Family Home Resales Rise in February
n Eye on the Economy
 
Housing Politics
n Reauthorization of Flood Insurance Program Urged
 
Business Management
n Get Land for Nothing
 
Green Building
n Successful Business Strategy Starts With Green Home Building
n Recycling Construction Waste Becoming Second Nature in Colorado
n Low Impact Development Reduces Storm Water Runoff and Development Costs
 
Small Builders and Remodelers
n Insurance: Does Subcontractor Non-Compliance Put You at Risk?
 
Housing Consumers
n Column Service Article Advises Home Owners on Cicada Outbreak
 
Womens Council
n How to Negotiate a Job Offer
 
Member Dividends
n NAHB Helps Me Stay in Business, Improve My Profit Margin
 
International
n NAHB Working to Open Up Business Opportunities With Mexico
 
Labor
n Project CRAFT Graduates First Class in Dallas
 
Building Products
n Dream Tour Features Innovative Products and Construction Techniques
 
Builder's Engineer
n ‘No’ — The Hardest Word?
 
Building News
Coast To Coast

 
Association News
& Events

n NAHB Board Meeting in Washington April 27-May 2
n Column Service a News Source for Home Builders Associations
n Share Your Knowledge and Expertise
n Sign Up for the Legislative Conference and Make Housing a Priority in Congress
n Help Build This Year’s Family Build Home for a Mother of Three
n Calendar of Events
 
NBN Back Issues
 


Congressional Action Sought on Zero Downpayment Mortgage and Other Housing Imperatives

In a busy week promoting the home builders’ housing agenda on Capitol Hill, NAHB President Bobby Rayburn …

Building News
From Coast to Coast

n A Novel Pennsylvania Program Brings New Housing to Urban Areas

n Building Boom Fuels Thefts

n Elite Few Can Retire in Luxury

n Tips to Increase the Value of Your Home

n WTO: U.S. Lumber Duties Illegal

n Houses Made of Straw

n Moving Toward Zero Energy Affordable Housing

n Condo Prices Surpass Cost of Single-Family Home

See how Countrywide can protect your buyers with a complete line of home and property insurance products.
Discover how our Fixed Equity Loan offers a payment you can count on.

How to Download Documents From a Web Site

Downloading a document from a Web site to your computer or desktop is very similar to saving a document. The only difference is that the document did not originate in your computer. Instead, it is located on a Web site.

We’ll go through the process using the contract "escalation clause" developed by NAHB and reported on in last week’s issue of NBN Online as an example.

  • To access last week’s "escalation clause" article, click here.
  • Scroll to the bottom of the article and click the link indicating how to download the escalation clause.
  • The document, entitled “ESCALATION CLAUSE FOR SPECIFIED BUILDING MATERIALS” will appear on your screen.
  • Using Internet Explorer, under File, click Save As…
  • Navigate to where you would like to store the article. You may also change the name to “escalation clause” or any other name you choose.
  • Click Save.

You have successfully downloaded the document to your computer for future use and to print. The same process can be used for saving any file found on the Internet that you wish to transfer to your computer.

Note: Be sure you are retrieving a file from a reliable source to minimize transferring computer viruses.

Also, if you decide to run a file or program from a Web site (a similar process), it is a good precaution to close or save any other files or programs from your computer that are open before you begin this process. The Web site files or programs could cause your computer to shut down and you could lose unsaved work in any of those open files.

Draft Fannie Mae, Freddie Mac Reform Bill Would Hammer Housing, Builders Charge

Unveiled on Friday, draft legislation by the Senate Banking Committee to restructure the regulatory framework …


Housing Snapshot

With mortgage interest rates persisting at lower levels than originally anticipated for this point in the year, the Commerce Department and the National Association of Realtors reported escalating home sales last month. Mortgage rates climbed just a tad last week, according to Freddie Mac's weekly index, but remained at favorable levels for home buyers. For the most part, the week's general economic news was also good. Consumer spending and personal income were both up in February, and the University of Michigan's gauge of consumer confidence showed some improvement earlier this month. On the lumber price front, framing lumber was up again, rising $6 to $377 per 1,000 board feet, according to Random Lengths. The slow downward trend of the past few weeks continued in the costs of plywood and oriented strand board. The mill price for 15/32-inch 3-ply CDX Southern Westside plywood was $465 per 1,000 square feet, a drop of $5, and OSB was $490. That represented a decline of $20 but was still far ahead of the $172 price posted a year earlier.
Mortgage Interest Rates
30-Year Fixed-Rate 5.4%
15-Year Fixed-Rate 4.7%
1-Year ARM 3.36%
Housing Starts - Feb. 2004*
Total 1.855
Single-Family Starts 1.489
Multifamily Starts 366,000
New Home Sales
Feb. 2004*
1.163 million
Existing Home Sales
Feb. 2004*
6.12 million
* Seasonally adjusted annual rate


Print This Article   Print All Articles
Email the Editor  
Members Save at BuilderBooks.com
Reach 100,000+ Builders & Contractors
Membership has its Advantages
Learn More. Earn More. The NAHB University of Housing.

To unsubscribe, change your e-mail address or manage your subscription, CLICK HERE

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

NBN Online is best viewed using the latest versions of Internet Explorer or NetScape Navigator, available free.