NBN Online for the week of April 25, 2005

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
Builders Testify on Housing Finance System Reform
Will You Be the Next Winner of a Digital Camera?
Builders Make Annual Trek to Capitol Hill
Layouts for Living
Floor Plans: Concrete Custom Home Conquers Unworkable Lot
Coast to Coast
Studies: Gentrification a Boost for Everyone
Politics & Government
Storm Water Rules Contribute to High Housing Costs
Homeownership Tax Credit Bills Introduced
Pombo Pledges Meaningful Endangered Species Reform
Bill Halts Tenant Bankruptcy Abuse
House Acts to Permanently Repeal Estate Tax
Lawmakers Urge Bush to End Lumber Tariffs
Association Health Plan Efforts Move Forward
Economics & Finance
Home Starts Slow in March From 32-Year High
Builders Remain Upbeat in April
Eye on the Economy
VA Secretary Urges Builders to Hire Young Veterans
Tips
Builders’ Tip: Self-Centering Router Base
Business Management
Back Up Your Company Data — Before It's Too Late
Codes and Standards
Members Urged to Help Defeat Costly Code Changes
Builders Show
Builders’ Show Too Big for Atlanta in 2007, 2008
Multifamily
Sen. Corzine Wins Affordable Housing Award
Remodelers
May is National Home Remodeling Month
Construction Safety
Precautions Needed for Working in Hot Weather
Education
Concrete Technologies Tour: Turning Gray Matter Into Green
Education Calendar
Green Building
Employees Learn About Green Building on Earth Day
Environment
Builders Advocate ESA Reform at U.S. Interior Meeting
Women
Distinguish Yourself Through Advanced Technology
Building Systems
Tour to Visit Modular and Panelized Plants
Standard for Residential Concrete Walls Being Developed
Labor
Job Corps Students Participate in NAHB Family Build
Job Corps Grads Fill Labor Needs in Arizona
Building Products
Seminar Examines Cold-Formed Steel Design
Builder's Engineer
Basement Snorkeling
TV
Members Build a Basement on The History Channel
NAHB Production Group Calendar of Shows — This Week
Association news
Totem Pole a ‘Thank You’ for Roadless Rule Efforts
Tsunami Shelter Fund to Support Construction Center, 'Home Builders Care Village'
National Housing Endowment Names Roger Pastore to Board of Trustees, Founding Advocates
Get GM Discount on More Than 80 Vehicles
Calendar of Events

Top Story

Builders Testify on Housing Finance System Reform

The nation’s home builders testified before the Congress last week on several solutions to strengthen the regulation of the housing government-sponsored enterprises (GSEs), Fannie Mae, Freddie Mac and the Federal Home Loan Banks. The proposals would ensure the ongoing financial safety and soundness of the GSEs and allow them to continue to fulfill their vital housing mission.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 402 down $ 6
OSB Composite $ 371 up $ 5
Southern Pine Plywood Composite $ 500 down $ 5
With Permission from: RandomLengths.com

Layouts for Living

Floor Plans: Concrete Custom Home Conquers Unworkable Lot
 

Vogue Homes

Building on the Unbuildable: The lot featured a 35-foot hill and a slope that would challenge a rock climber. In addition, the city of Inver Grove Heights, Minn., for more than a decade had deemed it unbuildable. But John Vogstrom, president of Vogue Homes, conquered the slope and overcame the city’s reluctance. He built an 8,400-square-foot custom home on the hillside using Insulating Concrete Forms (IFCs).
[MORE]

 

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Nation's Building News is NAHB's free, online newspaper. Inside, you'll find the latest lumber prices, industry news, builders' tips, lumber prices, problem-solving floor plans and more. For more information or to sign up your employees, click here.

Builders Make Annual Trek to Capitol Hill

As part of NAHB’s annual Legislative Conference, more than 850 builders from across the country trekked to Capitol Hill on April 13 to seek support from their members of Congress for legislation that would increase the availability of affordable housing and expand rental housing and homeownership opportunities nationwide.

“Through visits to Capitol Hill, our members take the message of the housing industry directly to their legislators,” said NAHB President Dave Wilson. “Such personal contact helps federal lawmakers better understand the impact of housing issues on the voters back home.”

In more than 300 individual meetings with their representatives and senators, builders called for action on the following NAHB legislative priorities:

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 5.8% 15-Yr. Fixed: 5.36% 5 Yr. ARM: 5.22%
  1 Yr. ARM: 4.26% Libor (3 months): 3.18% Prime: 5.75%
Housing Starts*  (March 2005)
  Total: 1.837 million Single: 1.539 million Multi: 298,000
Home Sales*  (February 2005)
  New: 1.226 million Existing: 6.79 million  
Median Home Prices  (February 2005)
  New: $230,700 Existing: $191,000  
* Seasonally Adjusted Annual Rate

 

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