NBN Online for the week of June 27, 2005

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In This Issue:

Front Page
Supreme Court Rulings a Blow to Property Owners
Will You Be the Next Winner of a Digital Camera?
NAHB Weighs in on ICC Building Code Proposals
Coast to Coast
Real Estate Speculation Is Pushing Up Prices
Politics & Government
FHA Zero Downpayment Bill Introduced in House
Economics & Finance
May New Home Sales Just Behind All-Time Record
Two States Target Builder Affiliations With Lenders
Grants Help Disabled Vets Obtain Accessible Housing
Tips
Builders’ Tip: Protecting a Hardwood Floor
Business Management
Know When to Hold 'Em: Eight Employee Retention Strategies
Seniors Housing
Baby Boomers Driving Luxury Home Market
Boomers Plan to Keep Working, But Eventually Retire
Multifamily
Affordable Rental Housing Out of Reach for Retail Workers
Remodelers
Bidding Group Projects Are Well Worth the Headaches
Erik Anderson Named June Remodelor™ of the Month
Sales
Pass the Word: Traditional Marketing Is on the Decline
Education
Education Calendar
Green Building
Guidelines Support Green Building Efforts in Las Vegas
Regulation
Guide Available as EPA Cracks Down on Storm Water
States Can Streamline Storm Water Permit Process
New Hampshire Adopts Opportunity to Repair Law
Funds Help Associations Battle Hot Issues
Codes and Standards
Builders to Appeal NFPA Fire Sprinkler Requirement
Labor
Students Visit Pulte and Pratte Building Systems Site
Building Products
Composite Decking Resists Mold and Mildew
Builder's Engineer
Angry E-Mail: Fun But Dangerous
TV
Systems-Built Homes Are New Stars on DIY
NAHB-Produced Shows on HGTV & DIY — This Week
Endowment
Endowment Announces Evans Scholarship Award Recipients
Community Service Award to Honor Builders ― Enter Now
Association News
Network Version of Building Homes of Our Own Now Available
Students to Build Solar Homes on the National Mall
California Builders Donate $10,000 to Tsunami Shelter Fund
Put the NBN Hammer Cursor on Your Computer and Web Site
Save on DELL™ Computer Products
Save More With BuilderBooks.com Rewards
Calendar of Events

Top Story

Supreme Court Rulings a Blow to Property Owners

In a serious blow to property rights advocates, the Supreme Court last week failed to take the opportunity to clarify muddled and ambiguous property rights law and instead delivered two end-of-term decisions that are certain to add to the confusion.

On June 20, the Court announced a decision in San Remo v. City and County of San Francisco that effectively precludes a property owner from bringing a federal takings claim in federal court while failing to resolve the fundamental property rights issues involved in the case.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 397 down $ 1
OSB Composite $ 330 up $ 5
Southern Pine Plywood Composite $ 490 down $ 9
With Permission from: RandomLengths.com
 

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 four winners already — the most recent winner is Philip Wood, of Nailman Construction, LLC in Rockland, Mass. — 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.

[MORE]

NAHB Weighs in on ICC Building Code Proposals

Working with more than 30 of its builder members to identify significant issues for single-family and multifamily residential construction, NAHB has submitted over 60 public comments to the International Code Council (ICC) in response to model building code amendments proposed by the organization’s code development committee at first-round hearings in Cincinnati in March.

Among issues of critical importance to one- and two-family dwellings, NAHB has submitted comments in opposition to:

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 5.57% 15-Yr. Fixed: 5.16% 5 Yr. ARM: 5.05%
  1 Yr. ARM: 4.23% Libor (3 months): 3.48% Prime: 6.0%
Housing Starts*  (May 2005)
  Total: 2.009 million Single: 1.704 million Multi: 305,000
Home Sales*  (May 2005)
  New: 1.298 million Existing: 7.13 million  
Median Home Prices  (May 2005)
  New: $217,000 Existing: $207,000  
* Seasonally Adjusted Annual Rate

 

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