Week of May 29, 2006
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Cross-linked polyethylene water supply piping. Image courtesy of Vanguard Piping Systems.

Copper Prices Put Plastic Water Piping on the Rise

Plastic water piping, plumbing manifolds and stainless steel tubing for gas distribution are among innovative products on the PATH (Partnership for Advancing Technology in Housing) Technology Inventory that builders can consider to help deal with ongoing increases in copper product prices, according to Shawn Martin, director of applied technology for the NAHB Research Center.

In a recent interview, NAHB economist Michael Carliner told Dow Jones Newswires that the use of plastic plumbing is on the rise following substantial increases in the cost of copper. While most waste pipes carrying water away from sink drains and toilets are now made of plastic, Carliner said that copper maintains a small lead in water distribution, but that could soon change, especially since the transition to plastic is an easy one for home builders to make. ...

Framing Lumber Composite $ 330 $ 15
OSB Composite $ 265 $ 12
Southern Pine Plywood Composite $ 424 $ 5
With permission from: www.randomlengths.com 
Proceeds from the "Katrina House," built and auctioned by Saddletree/Symphony Homes, will help at least four families who lost their homes.

Floor Plans: 'Katrina House' Auction Benefits Four Families

Colorado builder Saddletree/Symphony Homes, with the help of 75 of its closest contractors and associates, built and recently auctioned off a two-story, four-bedroom home (the fourth bedroom is in the basement) in the Colorado Springs area to benefit victims of Hurricane Katrina.

The home features a master suite and retreat, bedroom-level laundry room, several  covered outdoor spaces, an island kitchen with a pantry and a three-car garage.

Proceeds to Help House Four Families

The company raised approximately $225,000, which will be donated to Habitat for Humanity to build at least three homes in the Gulf Coast area and one home for a family that has settled in Colorado Springs. ...

 

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Southeast U.S. Told to Prepare for More Hurricanes

The question is not whether the hurricane season beginning on June 1 and lasting through Nov. 30 will be above normal, but how much above normal it will be, according to the National Oceanic and Atmospheric Administration (NOAA), which is urging residents in hurricane-prone areas to make preparations.

“For the 2006 north Atlantic hurricane season, NOAA is predicting 13 to 16 named storms, with eight to 10 becoming hurricanes, of which four to six could become ‘major’ hurricanes of Category 3 strength or higher,” said Navy Vice Admiral Conrad C. Lautenbacher, undersecretary of commerce for oceans and atmosphere, on May 22 in conjunction with National Hurricane Preparedness Week. ...

Interest Rates  
  30-Yr. Fixed: 6.62% 15-Yr. Fixed: 6.23% 5 Yr. ARM: 6.21%
  1 Yr. ARM: 5.61% Libor (3 months): 5.23% Prime: 8.00%
Housing Starts*  (April 2006)
  Total: 1.849 million Single: 1.535 million Multi: 314,000
Home Sales*  (April 2006)
  New: 1.198 million Existing: 6.76 million  
Median Home Prices  (April 2006)
  New: $238,500 Existing: $223,000  
* Seasonally Adjusted Annual Rate

   
 
Get Green Home Building Intelligence Today!
McGraw-Hill Construction’s Green Building SmartMarket Report Available Now!
 
   
 
The GSEs and Housing Affordability: A Necessary But Not Sufficient Condition
Freddie Mac Keeps America's Eggonomy Stable. Enroll In Eggonomics 101
 
   
 
Design Institute for Builders - June 5-6
Concrete Technologies Tour - June 11-13
Custom Builder Symposium - Oct. 27-29
 

 
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