Nation's Building News Online

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Sponsored by Countrywide Home Loans National Builder Division

www.NAHB.org
Week of January 10, 2005

Front Page

* Housing Activity Expected to Stay Robust in 2005 Despite Rising Mortgage Rates
* Register Onsite for IBS: It's Quick, Easy, Convenient
* Good News on Storm Water Regulation Rings in the New Year
* Housing Snapshot

President's Message

* Building a Foundation for Workforce Housing

Housing and Economics

* For Housing Affordability, You’d Rather Be in Lima, Ohio, Than Santa Barbara, California
* New Home Sales Slow in November From Record Pace
* Existing-Home Sales Rise to Record Pace in November
* Eye on the Economy

Multifamily

* Index Shows Favorable Six-Month Outlook for Apartments and Condos

Business Management

* Valuable Tips on How to Market on a Dime
* SBA Study Determines Why Customers Leave

Builders' Show

* Builders Night Out at the Magic Kingdom and Pleasure Island
* HUMMER Sweepstakes at Builders’ Show

Seniors Housing

* Five Tips About How to Create Lifestyle for Active Adults
* Integrated Communications Gives Edge to Pre-Sell Programs

20 Clubs

* 20 Club Helps Virginia Builder Spread the Load

Construction Safety

* New Labor Rules Prohibit Youths Under 18 From Working on Roofs

Sales and Marketing

* Selling Homes Is a Learned Skill

Regulation

* Tool Kit Helps Builders Address Potentially Devastating Storm Water Requirements

Education

* February Is National Designation Month — Look for Discounted Class Fees

Labor

* Awards Recognize Achievements of Home Builders Institute Job Corps Graduates

Building Products

* Workshop on Building Science Offered by CertainTeed

Builder's Engineer

* Boundary Disputes and Old Fences

Building News Coast To Coast

Association News & Events

* Candidates for NAHB Vice President/Secretary Give Final Campaign Messages
* Log In to NAHB Web Site for Chance to Win Digital Camera
* Get the Most From NAHB Web Site
* Annual Meeting of NAHB Members on Jan. 14
* Books, Products, Giveaways at the BuilderBooks.com Store at IBS
* Member Advantage HQ at IBS: Connect With the Power of NAHB
* Get Double the Discount from Dell Through January
* Awards Programs Deadlines
* Calendar of Events

NBN Back Issues

 

Housing Activity Expected to Stay Robust in 2005 Despite Rising Mortgage Rates

Housing activity is expected to decline only marginally … [ MORE ]


Building News From Coast to Coast

[ MORE ]

Sponsored by: Countrywide Home Loans

See how you can help protect your investment from rate increases with our Builders Rate Cap Program.
Find out about our affordable home loan programs through We House America.

Register Onsite for IBS: It's Quick, Easy, Convenient

Onsite registration for the 2005 International Builders’ Show (IBS) in Orlando, FL — the one trade event big enough and powerful enough to match the energy and strength of today's home building industry ― is now open.

IBS features more than 1,600 exhibitors on more than 1.5 million square feet of exhibit space and more than 200 educational seminars.

To register onsite, go to the Hall B Lobby, Level 1 in the West Building of the Orange County Convention Center from:

  • 7:00 a.m.-5:00 p.m., Monday to Saturday, Jan. 10-15
  • 7:30 a.m.-1:00 p.m., Sunday, Jan. 16

Speakers, moderators and plan reviewers for NAHB seminars who have been approved by an NAHB staff education planner, but have not yet registered, can get their complimentary registration at the Speaker Registration counter in the Hall A Lobby, Level 1 in the West Building of the convention center

For help finding a hotel room, visit www.Orlandoinfo.com or call the Orange County Convention & Visitors Bureau’s housing hotline at 407-363-5872.

For last minute tips on how to get the most out of IBS, including planning your visit, shuttle bus schedules, car rentals and special builders’ events, click here.

To read a sampling of NAHB council and committee meetings, events and seminars at the builders’ show, click here. For more information, visit the 2005 International Builders’ Show web site.


NBN Staff Is Attending the International Builders' Show

Nation's Building News will not be published on Jan. 17. Publication will resume Jan. 24. 

Register Onsite for IBS: It's Quick, Easy, Convenient

Onsite registration for the 2005 International Builders’ Show (IBS) in Orlando, FL — the one trade event big enough and powerful enough to match the energy and strength of today's home building industry ― is now open.

IBS features more than 1,600 exhibitors on more than 1.5 million square feet of exhibit space and more than 200 educational seminars.

To register onsite, go to the Hall B Lobby, Level 1 in the West Building of the Orange County Convention Center from:

  • 7:00 a.m.-5:00 p.m., Monday to Saturday, Jan. 10-15
  • 7:30 a.m.-1:00 p.m., Sunday, Jan. 16

Speakers, moderators and plan reviewers for NAHB seminars who have been approved by an NAHB staff education planner, but have not yet registered, can get their complimentary registration at the Speaker Registration counter in the Hall A Lobby, Level 1 in the West Building of the convention center

For help finding a hotel room, visit www.Orlandoinfo.com or call the Orange County Convention & Visitors Bureau’s housing hotline at 407-363-5872.

For last minute tips on how to get the most out of IBS, including planning your visit, shuttle bus schedules, car rentals and special builders’ events, click here.

To read a sampling of NAHB council and committee meetings, events and seminars at the builders’ show, click here. For more information, visit the 2005 International Builders’ Show web site.


NBN Staff Is Attending the International Builders' Show

Nation's Building News will not be published on Jan. 17. Publication will resume Jan. 24. 


Good News on Storm Water Regulation Rings in the New Year

Changes sought by NAHB in litigation settlement negotiations …  …[ MORE ]


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Housing Snapshot

Mortgage interest rates declined last week and remained safely below the 6% threshold. "Economic news seems to reflect steady growth and low inflation, placing little upward pressure on interst rates," said Amy Crews Cutts, Freddie Mac's deputy chief economist. "Although we expect mortgage rates will start to trend gently upward over the year, 30-year fixed-rate mortgage rates should stay under 6%, at least through the first quarter." The Labor Department announced on Friday that 157,000 new jobs were created in December, bringing the total for the year to 2.2 million, the highest number since 1999. Holiday sales were weaker than expected, according to the International Council of Shopping Centers, which reported that business at chain stores was up 2.3% in the November-December period, below projections for a 4% increase. Reversing a recent trend, the dollar moved up last week against the euro. Random Lengths reported that the cost of framing lumber was up last week, reaching $383 per 1,000 board feet, up from $380 during the previous week. [ MORE ]

Mortgage Interest Rates

30-Year Fixed-Rate: 5.77%
15-Year Fixed-Rate: 5.21%
1-Year ARM: 4.1%

Housing Starts - Nov. 2004*

Total: 1.77 million
Single-Family Starts: 1.448 million
Multifamily Starts: 323,000

New Home Sales Nov. 2004*

1.125 million

Existing Home Sales Nov. 2004*

6.94 million

* Seasonally adjusted annual rate


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