NBN Online for the week of May 9, 2005

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

In This Issue:

Front Page
Housing to Stay Healthy as It Recedes From Its Peak
Will You Be the Next Winner of a Digital Camera?
Customize Your Computer’s Cursor With the NBN ‘Hammer’
Key Endangered Species Rules Revised in Florida
Layouts for Living
Floor Plans: High-End Rental Overlooks San Francisco Bay
Coast to Coast
Adjustable Real Estate Loan Activity Soars
Economics & Finance
Hot Markets Raise Some Housing Bubble Concerns
Housing Busts Don’t Inevitably Follow Booms
Housing Consolidation Trend to Continue
Sunbelt Shines as Hottest Housing Region
Rural Housing Discussed With Agriculture Secretary
Eye on the Economy
Tips
Builders' Tip: Locking Electrical Cords Together
Business Management
For Better Sales Success: Define Your Product
Seniors Housing
Active Adult Rental Housing Is an Emerging Trend
Remodelers
PATH Provides Advice on Energy-Efficient Rehabs
Education
Make Your Home Designs Stand Out
Education Calendar
Sales and Marketing
Home Buying a Lengthy Decision for Most Consumers
Labor
Project CRAFT Grads Cap Decade of Success in Orlando
Building Products
Underground Tanks Fuel Gas Appliances in Rural Areas
Builder's Engineer
The Three Levels of 'Idiotdom'
TV
NAHB-Produced Shows on HGTV & DIY — This Week
Endowment
Greystone Gives Million-Dollar Gift to Endowment
Association News
Tangye, Ruma Inducted Into Housing Hall of Fame
Teachers Go for Network Version of Building Homes of Our Own
Get GM Discount on More Than 80 Vehicles
Calendar of Events

Top Story

Housing to Stay Healthy as It Recedes From Its Peak

Despite some current softening of growth in the U.S. economy, an ongoing effort by the Federal Reserve to push up interest rates and rampant price increases in the nation’s hottest housing markets, economists at the NAHB Construction Forecast Conference in Washington, D.C. last week said that housing activity should remain healthy through next year even as it recedes from peak levels.
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Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 376 down $ 12
OSB Composite $ 306 down $ 31
Southern Pine Plywood Composite $ 461 down $ 15
With Permission from: RandomLengths.com

Layouts for Living

Floor Plans: High-End Rental Overlooks San Francisco Bay


Avalon at Mission Bay: The Auslese

A Pillars Award in San Francisco: Avalon at Mission Bay is the winner of the 2005 NAHB Multifamily Pillars award for best high-rise rental apartment. Rents average about $2,600 a month, but the more expensive units start at $3,699.

This high-end apartment building is in an area of San Francisco known as “South of Market,” a part of the city that previously had no residential component and lacked grocery stores and other basic fixtures of a mature neighborhood. Now, the Mission Bay Redevelopment Project, with the San Francisco Giant’s new baseball stadium (SBC Park) serving as a cornerstone, is the largest and fastest growing new development area in San Francisco.
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Will You Be the Next Winner of a Digital Camera?

Sign up three or more of your employees for Nation's Building News and you automatically will be entered in a contest to win a Sony digital camera.

There have been three winners already, and you could be next.

To subscribe your employees to Nation’s Building News and be entered into the "Make Your Business Click" contest, visit our contest subscription page by clicking here

Subscribe your employees and they will begin receiving valuable industry and business news at their desktops beginning with the very next issue.

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.

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Customize Your Computer’s Cursor With the NBN ‘Hammer’

Show your pride in the home building industry by customizing your computer’s cursor with the “pounding hammer” cursor that is used in Nation’s Building News.

The customized cursor is available free from NAHB and Nation’s Building News and will work on Windows 95 or newer operating systems.

To begin customizing your computer’s cursor, first download the two hammer graphics needed to make the hammer move:

Key Endangered Species Rules Revised in Florida

The Florida Fish and Wildlife Conservation Commission (FWC) recently voted to adopt revisions to the state’s endangered species listing process, completing a two-year effort by the Florida Home Builders Association (FHBA) to advocate enhancements for these rules.

The proposed rules update listing criteria (including program guidelines), add a peer review component and create a process to address selection and approval of members of a panel that will review data and develop the listing recommendation.

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 5.75% 15-Yr. Fixed: 5.31% 5 Yr. ARM: 5.16%
  1 Yr. ARM: 4.22% Libor (3 months): 3.25% Prime: 6.0%
Housing Starts*  (March 2005)
  Total: 1.837 million Single: 1.539 million Multi: 298,000
Home Sales*  (March 2005)
  New: 1.313 million Existing: 6.89 million  
Median Home Prices  (March 2005)
  New: $212,300 Existing: $195,000  
* Seasonally Adjusted Annual Rate

 

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McGraw Hill
Construction

 
 
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Sponsored by
NAHB

 
 
> Construction Forecast Conference - Fall 2005
> NAHB/BALA Design Institute for Builders
> Concrete Home Building Council Plant Tour