Week of March 27, 2006
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Green Home First to Use NAHB Guidelines in a Subdivision

The green home building movement received a major boost on March 13 with an announcement by Cherokee Investment Partners that it is building a demonstration home under the NAHB Model Green Home Building Guidelines that will be the first of its kind in a traditional subdivision.

The acquisition firm, which is a world leader in sustainable revitalization of environmentally impaired properties, said that its Mainstream GreenHome has been designed to look and function as a traditional home and will be used to persuade conventional builders and the home buying public to embrace green building on a national level. It is being built by Corban Homes. The announcement was made in Albuquerque, N.M. in conjunction with the NAHB Green Building Conference. ...

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With permission from: www.randomlengths.com 
 

Working Families With Children Locked Out of Homeownership

Despite White House efforts over the last three administrations to boost homeownership opportunities among low- and moderate-income households, especially minorities, working families with children remain underrepresented among the ranks of the nation’s home owners, according to a new study by the Center for Housing Policy, the research affiliate of the National Housing Conference.

Based on the biannual American Housing Survey, the study — “Locked Out: Keys to Homeownership Elude Many Working Families With Children” —  found that the homeownership rate of working families with children was 59.6% in 2003, three percentage points lower than it was in 1978 and 8.7 points below a homeownership rate of 68.3% for all U.S. households — despite small but steady gains since 1991. ...

Find Employees Through New NAHB Online Career Center

  
NAHB is hosting an online building industry-oriented career center that provides members with a cost-effective recruiting solution that makes locating qualified candidates and advertising open positions faster and easier.

NAHB members using the NAHB Career Center will receive a 20% discount off of standard rates for job postings. For a complete listing of all rates, click here

The career center can be found on:

  • NAHB's Web site by visiting www.nahb.org/careers
  • Nation’s Building News "NAHB Career Center" section. The career center is  a regular feature of Nation's Building News. 

The career center was created in collaboration with ConstructionJobs.com, a leading employment resource for the construction, design and building industries. ...

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Interest Rates  
  30-Yr. Fixed: 6.32% 15-Yr. Fixed: 5.97% 5 Yr. ARM: 5.96%
  1 Yr. ARM: 5.41% Libor (3 months): 4.96% Prime: 7.50%
Housing Starts*  (February 2006)
  Total: 2.12 million Single: 1.8 million Multi: 320,000
Home Sales*  (February 2006)
  New: 1.08 million Existing: 6.91 million  
Median Home Prices  (February 2006)
  New: $230,400 Existing: $209,000  
* Seasonally Adjusted Annual Rate

   
 
Click here to tell us about your experience in the Gulf Coast...
 
   
 
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
 
   
 
Building for Boomers & Beyond: 50+ Housing Symposium 2006
NAHB Multifamily Pillars of the Industry Conference and Gala
Spring Construction Forecast Conference
 

 
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