Week of September 25, 2006
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NAHB Kit Sends Builders Back to Basics in Cooling Market

With the current cooling of the nation’s housing market expected to persist into the middle of next year, NAHB has developed a comprehensive online toolkit geared to providing association members with information that will help them prosper in today’s changing business environment.

“A cooling housing market is no longer a threat lingering somewhere in the future,” said Bob Schultz, MIRM, founder and president of New Home Specialist. “Even national builders like KB Home and Toll Brothers are starting to see the effects,” he said, and “the good news is that you can succeed in a cooling market once you have a clear understanding of how the market works in times like these.” ...

Framing Lumber Composite $ 286 $ 15
OSB Composite $ 189 $ 22
Southern Pine Plywood Composite $ 357 $ 21
With permission from: www.randomlengths.com 
 
Shirley Howard, a recent graduate from the SAHBA Institute of Construction in Tucson, Ariz.

Tucson Job Training Shores Up Local Labor Pool

With a mission to ease the construction labor shortage in Southern Arizona, provide a needed community service and raise the profile of the home building business as a great place to pursue a career, the Southern Arizona Home Builders Association's Institute of Construction (TSIC) opened its doors last October and has already garnered the success that makes it a model for builders in other parts of the country.

Roger Yohem, vice president and director of communications for the association, said that TSIC has become a valuable resource for the community while helping to fill an important member need.

“After a while, you have to stop complaining about the lack of skilled labor and do something to solve it,” said Greg Miedema, president of Dakota Builders in Tucson.

“We wanted to make people feel better about being in a trade,” Miedema said. “Not everyone needs to go to college, and for years, we’ve told our kids that you have to have a college degree to be a productive member of society. We wanted to help get rid of that condescending attitude.” ...

Play Builders' Free Online Pro Football Game for Prizes, Fun

Don't miss another weekend of NFL games — and your chance to win prizes from HGTVPro. Sign up and play in the Builders Football League (BFL) on HTGVpro.com — the free, online pro football "pick 'em" contest with a special league for NAHB members.

Playing is free, fun and easy ― and participants have a chance to win weekly prizes or the grand prize — a Panasonic 61-inch high definition TV — at the end of the season. ...

Share Nation's Building News With Your Staff. It's Free.

Make your business click. Subscribe your employees and trade partners to Nation's Building News — the free, online e-newspaper of NAHB.

Each issue is filled with valuable news and information on every aspect of the home building industry — business and builders tips; the latest materials prices and mortgage interest rates; new technologies; cutting-edge design; state and federal regulations and how they affect the industy; and more. Information your entire company needs to stay ahead of your competitors. ...

Interest Rates  
  30-Yr. Fixed: 6.40% 15-Yr. Fixed: 6.06% 5 Yr. ARM: 6.08%
  1 Yr. ARM: 5.54% Libor (3 months): 5.37% Prime: 8.25%
Housing Starts*  (August 2006)
  Total: 1.665 million Single: 1.360 million Multi: 305,000
Home Sales*  (July 2006)
  New: 1.072 million Existing: 6.33 million  
Median Home Prices  (July 2006)
  New: $230,000 Existing: $230,000  
* Seasonally Adjusted Annual Rate

   
 
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