NBN Online for the week of February 27, 2006

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

In This Issue:

Front Page
Something for Everyone in Home Design Trends
Secretary Snow Hears Energy, Housing Affordability Issues
Property Owner Protections Upheld by Oregon Supreme Court
Coast to Coast
Cancelled Home Orders: Latest Bubble Prick?
Housing Forum
Letter to the Editor: Eagles in Ohio
Politics & Government
Rudman Report Renews Discussion of GSE Reform
Economics & Finance
New Home Sales Dip 5% in January
Housing Affordability Slumps to Record Low
Benefits Outweigh Costs of New South Carolina Housing
Eye on the Economy
Tips
Builder's Tip: Self-Centering Router Base
Business Management
Tie Employee Compensation to Achievement, Experts Say
Bankruptcy Laws Provide Relief to Manufacturers, Suppliers
50Plus Housing
Education, Designation Credits Available at 50+ Symposium
Remodelers
Remodelers Expect Slower Market Growth This Year
It’s Easier to Apply for the Remodelor™ of the Month Award
Building Systems
Log Home Combines Hot Design With Rustic Feel
Women
Is Your Digital Home Future Proof?
Commercial
Is the Grass Greener on the Commercial Side of the Fence?
Education
What CGR, CAPS Designations Mean to My Business
Education Calendar
Environment
Testing Continues on Lead-Safe Work Practices
More Effective Approach to Species Protection Advocated
Green Building
Conference in Albuquerque Takes Tour of Green Homes
Regulation
Funds Help Support Builder Battles on Significant Issues
Legal
State Laws Proposed to Limit ‘One-Stop’ Home Buying
Katrina
Steel Framers Focus on Training in Katrina Recovery
Labor
Texas A&M Students Give Home an ‘Extreme Makeover’
Building Products
Art Nouveau Lighting Celebrates 100th Anniversary
Builder's Engineer
Do You Smell Like Rover's Fire Hydrant?
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Lexington Homes Honored for 10 ‘Extreme Team’ Projects
Association News
Jones a Candidate for NAHB Vice President and Secretary
West Virginia Builders Help Restore Housing in Biloxi
Free '2006 New Homes Month' Resources Available Online
GM $500 Exclusive Offer for NAHB Members
Calendar of Events

Top Story

Something for Everyone in Home Design Trends

Few crystal balls can provide as much insight into what matters most to home buyers as the group of industry-leading architects, builders, interior merchandisers and interested friends that gathered recently for an NAHB Design Committee roundtable discussion of the trends shaping new home design.

Here are their insights:

First-Time Buyers

For this demographic group, sky-rocketing land costs dictate housing design changes. As the per-acre price of land continues to rise, the cost equation for first-time buyers increasingly means that the “American Dream” begins with attached housing and at much higher densities than ever before.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 378 up $ 2
OSB Composite $ 340 down $ 1
Southern Pine Plywood Composite $ 464 down $ 1
With Permission from: RandomLengths.com
 

Secretary Snow Hears Energy, Housing Affordability Issues

NAHB President David Pressly and fellow home builders Steve Temkin and Connecticut State Representative Greg Ugalde joined Treasury Secretary John Snow in Torrington, Conn. on Feb. 22 for a press event highlighting what the nation’s home builders and the Bush Administration are doing to promote residential energy efficiency.

The secretary called attention to the importance of energy-efficient housing and announced new IRS guidelines for tax credits that provide incentives for energy-saving features in home building and remodeling.

[MORE]

Property Owner Protections Upheld by Oregon Supreme Court

In a huge win for property owners in the state, the Oregon Supreme Court on Feb. 21 overturned a trial court decision in the case of MacPherson v. DAS and upheld the constitutionality of a measure designed to provide landowners with recourse against state or local land use regulations that restrict the use of their property and reduce its fair market value.

The Oregon Home Builders Association and NAHB filed an amicus brief in the Supreme Court case.

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.26% 15-Yr. Fixed: 5.89% 5 Yr. ARM: 5.96%
  1 Yr. ARM: 5.32% Libor (3 months): 4.82% Prime: 7.50%
Housing Starts*  (January 2005)
  Total: 2.276 million Single: 1.819 million Multi: 457,000
Home Sales*  (January 2006)
  New: 1.233 million Existing: 6.56 million  
Median Home Prices  (January 2006)
  New: $238,100 Existing: $211,000  
* Seasonally Adjusted Annual Rate

 

Sponsored by
McGraw Hill
Construction

 
 
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Sponsored by
Freddie Mac

 
 
> Montana State Representative Bob Lake Cautions Against Extensive GSE Reform
> Freddie Mac CEO Syron Dissects GSE and Tax Reform Proposals in Speech to Home Builders
 
 

Sponsored by
NAHB

 
 
> 2006 National Green Building Conference
> Building for Boomers & Beyond: 50+ Housing Symposium 2006
> NAHB Multifamily Pillars of the Industry Conference and Gala