Week of February 27, 2006
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For the first-time buyer, many times the American Dream begins with attached housing. (All images courtesty of Bassenian Lagoni Architects.)

Something for Everyone in Home Design Trends

Few crystal balls can provide as much insight into what matters most to home buyers as the group of industry-leading architects, builders, interior merchandisers and interested friends that gathered recently for an NAHB Design Committee roundtable discussion of the trends shaping new home design.

Here are their insights:

First-Time Buyers

For this demographic group, sky-rocketing land costs dictate housing design changes. As the per-acre price of land continues to rise, the cost equation for first-time buyers increasingly means that the “American Dream” begins with attached housing and at much higher densities than ever before. ...

Framing Lumber Composite $ 378 $ 2
OSB Composite $ 340 $ 1
Southern Pine Plywood Composite $ 464 $ 1
With permission from: www.randomlengths.com 
 
NAHB President David Pressly, Treasury Secretary John Snow and T&M Building Company President Greg Ugalde.

Secretary Snow Hears Energy, Housing Affordability Issues

NAHB President David Pressly and fellow home builders Steve Temkin and Connecticut State Representative Greg Ugalde joined Treasury Secretary John Snow in Torrington, Conn. on Feb. 22 for a press event highlighting what the nation’s home builders and the Bush Administration are doing to promote residential energy efficiency.

The secretary called attention to the importance of energy-efficient housing and announced new IRS guidelines for tax credits that provide incentives for energy-saving features in home building and remodeling. ...

Property Owner Protections Upheld by Oregon Supreme Court

In a huge win for property owners in the state, the Oregon Supreme Court on Feb. 21 overturned a trial court decision in the case of MacPherson v. DAS and upheld the constitutionality of a measure designed to provide landowners with recourse against state or local land use regulations that restrict the use of their property and reduce its fair market value.

The Oregon Home Builders Association and NAHB filed an amicus brief in the Supreme Court case. ...

Interest Rates  
  30-Yr. Fixed: 6.26% 15-Yr. Fixed: 5.89% 5 Yr. ARM: 5.96%
  1 Yr. ARM: 5.32% Libor (3 months): 4.82% Prime: 7.50%
Housing Starts*  (January 2005)
  Total: 2.276 million Single: 1.819 million Multi: 457,000
Home Sales*  (January 2006)
  New: 1.233 million Existing: 6.56 million  
Median Home Prices  (January 2006)
  New: $238,100 Existing: $211,000  
* Seasonally Adjusted Annual Rate

   
 
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Montana State Representative Bob Lake Cautions Against Extensive GSE Reform
Freddie Mac CEO Syron Dissects GSE and Tax Reform Proposals in Speech to Home Builders
 
   
 
2006 National Green Building Conference
Building for Boomers & Beyond: 50+ Housing Symposium 2006
NAHB Multifamily Pillars of the Industry Conference and Gala
 

 
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