Terry Bradshaw to Give Keynote Address at IBS
 NFL Hall of Famer, Super Bowl champion quarterback and Emmy Award winning Fox Sports broadcaster Terry Bradshaw will deliver the keynote address at the 2005 International Builders’ Show Jan. 13-16 in Orlando, FL.
An accomplished speaker and author as well as actor and gospel singer with three albums to his credit, Bradshaw will share some of his secrets to taking the game of life "to a higher level."
Bradshaw led his Pittsburgh Steelers team to an unprecedented four Super Bowl victories, was named League MVP and twice was Super Bowl MVP. He was inducted into the Pro Football Hall of Fame in 1989, his first year of eligibility.
He was named 1999’s Man of the Year by the Big Sisters of America, and in 2000 he received Father of the Year honors from the National Father’s Day Council. In October of 2000, he became the first NFL player to receive a star on Hollywood’s Walk of Fame.
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Five Local Cases Receiving NAHB Legal Action Support
At the recommendation of the NAHB Legal Action Committee (this link is available to NAHB members only) earlier this month in Columbus, …
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Housing Snapshot
Mortgage interest rates declined slightly last week, down in part because of news of lackluster job creation in September. Oil prices remained a source of concern as they rose above $55 a barrel, but Federal Reserve Chairman Alan Greenspan provided some reassurance that the world is not running out of oil. Although high oil prices have been whittling away at economic growth, prices will have to rise even higher before they start having the deleterious impact seen in the 1970s, Greenspan said. In today's inflation adjusted-dollars, at their peak in 1981 oil prices were $80 a barrel. Also, Greenspan pointed out, the U.S. today is far more energy-efficient than it was two decades ago. Good news continued on the lumber price front last week. Framing lumber prices dropped to $378 per 1,000 board feet, down from $392 during the prior week, but still above $323 a year earlier, according to Random Lengths. News on panel prices was considerably more favorable. The price of 15/32-inch 3-ply Southern (west-east) exterior sheathing fell from $350 to $315 per 1,000 square feet and oriented strand board was down to $240 from $285. Those prices were down significantly from levels one year earlier of $545 and $465, respectively.
| Mortgage Interest Rates |
| 30-Year Fixed-Rate |
5.74% |
| 15-Year Fixed-Rate |
5.14% |
| 1-Year ARM |
4.01% |
| Housing Starts - Aug. 2004* |
| Total |
2.0 million |
| Single-Family Starts |
1.667 million |
| Multifamily Starts |
333,000 |
New Home Sales
Aug. 2004* |
1.184 million |
Existing Home Sales
Aug. 2004* |
6.54 million |
| * Seasonally adjusted annual rate |
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