Week of June 6, 2005
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NAHB Vice President and Treasurer Brian Catalde at a PCBC press conference.

Builders Grapple With Sky-High Regulatory Costs

With concerns about affordability growing in many of the nation’s major housing markets, NAHB Vice President and Treasurer Brian Catalde and California Building Industry Association (CBIA) President Steve Doyle, attending PCBC last week in San Francisco, called on local governments to reduce the impact fees, zoning constraints, construction code requirements and other regulatory burdens on builders and developers that are driving up the cost of housing. ...

Framing Lumber Composite $ 412 $ 8
OSB Composite $ 384 $ 6
Southern Pine Plywood Composite $ 514 $ 5
With permission from: www.randomlengths.com 
Concrete townhouses on Hilton Head Island.

Floor Plans: Carolina Dreamin'

Nimphius Home — Advanced Custom Homes
(www.advancedhomes.us)

Building in an Idyllic Location: John Nimphius, of Advanced Custom Homes, Inc., came to Hilton Head, S.C., in the late 1990s to build the home of his dreams in the setting of his dreams ― on Hilton Head Island with its breathtaking vistas of the Intracoastal Waterway and the saltwater marshes that feed into it.

Four Floors of Elegance: To take full advantage of the setting, Nimphius built a four-story, four-bedroom townhouse in Windmill Harbour, a 172-acre private community of 500 residences. The home overlooks the centerpiece of the community, a 15-acre-inland harbor. (He has since built six more and lived in two of them.) ...

 
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Sign up three or more of your employees for Nation's Building News and you automatically will be entered in a contest to win a Sony digital camera.

There have been four winners already — the most recent winner is Philip Wood, of Nailman Construction, LLC in Rockland, Mass. — and you could be next.

To subscribe your employees to Nation’s Building News and be entered into the "Make Your Business Click" contest, visit our contest subscription page by clicking here

Subscribe your employees and they will begin receiving valuable industry and business news at their desktops beginning with the very next issue. ...

Gov. Jim Doyle visits a fish hatchery in Red Cliff., Wis.

Builders Reduce Environmental Regulatory Burdens

Under a new initiative in Wisconsin designed to promote superior environmental performance in housing and other industries, the Wisconsin Builders Association (WBA)  is working with the state’s Department of Natural Resources (DNR) on a charter that will substantially reduce regulatory burdens on builders who are pursuing innovative techniques to protect natural resources and improve air and water quality.

The state’s Green Tier program, which was signed into law by Governor Jim Doyle in 2004, will provide builders and developers with the flexibility to pursue new environmentally friendly techniques that push beyond many of the old, prescriptive ideas incorporated into the DNR’s existing regulations. ...

Interest Rates  
  30-Yr. Fixed: 5.62% 15-Yr. Fixed: 5.20% 5 Yr. ARM: 5.10%
  1 Yr. ARM: 4.26% Libor (3 months): 3.37% Prime: 6.0%
Housing Starts*  (April 2005)
  Total: 2.038 million Single: 1.635 million Multi: 403,000
Home Sales*  (April 2005)
  New: 1.316 million Existing: 7.18 million  
Median Home Prices  (April 2005)
  New: $230,800 Existing: $206,000  
* Seasonally Adjusted Annual Rate

   
 
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