NBN Online for the week of May 29, 2006

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

In This Issue:

Front Page
Copper Prices Put Plastic Water Piping on the Rise
Share Nation's Building News With Your Company's Employees
Southeast U.S. Told to Prepare for More Hurricanes
Layouts for Living
Floor Plans: 'Katrina House' Auction Benefits Four Families
Coast to Coast
Market Action Slips Away From Coasts
Politics & Government
OFHEO Identifies Corrective Steps for Fannie Mae
Senate Puts Immigration Reform on the Right Track
House Reforms Would Revitalize the FHA
Minnesota Latest to Enact Opportunity to Repair Law
Economics & Finance
Fed Policy a Growing Concern for Housing
New Home Sales Rise in April, But Trend Is Down
Tips
Builder’s Tip: Landscape Fabric As Tarp for Power-Washing
Business Management
Seller-Funded Downpayment Help Not Tax-Exempt
Custom Home Builders, Have We Got an Award for You
Codes and Standards
Green Building Guidelines to Become a Standard
Multifamily
Alternative Sought to HUD Section 8 Reform Approach
Rising Tax Assessments Threaten Tax-Credit Apartments
Workforce Housing
Builders Work With NAACP to Close Homeownership Gap
Remodelers
Too Big a Backlog? Time to Raise Your Prices
Building Systems
Tilt-Up Construction: Not Just for Box Warehouses Anymore
Enter the 2006 Brick in Home Building Competition
Sales
More New-Home Buyers Using the Internet to Find Homes
Education
Want to Know More About Designations? Ask an Expert
Education Calendar
Katrina
Volunteers Needed to Help Hurricane Victims
Building Products
Tracing Bit Takes Measuring Out of Cutting
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Endowment Funds Affordable Healthy Housing Symposium
Association News
Michael T. Rose Recognized for Contributions to NAHB
Avoid Credit Card Processing Rate Increases With Solveras
GM $500 Exclusive Offer for NAHB Members
BuilderBooks.com Offers Free Shipping on Books in June
Find Employees Through New NAHB Online Career Center
Calendar of Events
NAHB Career Center

Top Story

Copper Prices Put Plastic Water Piping on the Rise

Plastic water piping, plumbing manifolds and stainless steel tubing for gas distribution are among innovative products on the PATH (Partnership for Advancing Technology in Housing) Technology Inventory that builders can consider to help deal with ongoing increases in copper product prices, according to Shawn Martin, director of applied technology for the NAHB Research Center.

In a recent interview, NAHB economist Michael Carliner told Dow Jones Newswires that the use of plastic plumbing is on the rise following substantial increases in the cost of copper. While most waste pipes carrying water away from sink drains and toilets are now made of plastic, Carliner said that copper maintains a small lead in water distribution, but that could soon change, especially since the transition to plastic is an easy one for home builders to make.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 330 down $ 15
OSB Composite $ 265 down $ 12
Southern Pine Plywood Composite $ 424 down $ 5
With Permission from: RandomLengths.com

Layouts for Living

Floor Plans: 'Katrina House' Auction Benefits Four Families

Colorado builder Saddletree/Symphony Homes, with the help of 75 of its closest contractors and associates, built and recently auctioned off a two-story, four-bedroom home (the fourth bedroom is in the basement) in the Colorado Springs area to benefit victims of Hurricane Katrina.

The home features a master suite and retreat, bedroom-level laundry room, several  covered outdoor spaces, an island kitchen with a pantry and a three-car garage.

Proceeds to Help House Four Families

The company raised approximately $225,000, which will be donated to Habitat for Humanity to build at least three homes in the Gulf Coast area and one home for a family that has settled in Colorado Springs.
[MORE]

 

Share Nation's Building News With Your Company's Employees

Share Nation’s Building News
With Your Employees

(But not with your competition)

To subscribe: www.nahb.org/nbn

Make your business click. Share Nation's Building News with your company's employees and trade partners (but not with your competition).

With each issue filled with valuable news and information on every aspect of the home building industry, Nation's Building News is the simplest way for your entire company to stay on top of the industry — and ahead of your competition.

How? Just forward this issue to your employees and trade partners and ask them to subscribe.

Nation's Building News, it's free to them — invaluable to you.

Don't delay, have your employees subscribe today. To subscribe, click here.

Southeast U.S. Told to Prepare for More Hurricanes

The question is not whether the hurricane season beginning on June 1 and lasting through Nov. 30 will be above normal, but how much above normal it will be, according to the National Oceanic and Atmospheric Administration (NOAA), which is urging residents in hurricane-prone areas to make preparations.

“For the 2006 north Atlantic hurricane season, NOAA is predicting 13 to 16 named storms, with eight to 10 becoming hurricanes, of which four to six could become ‘major’ hurricanes of Category 3 strength or higher,” said Navy Vice Admiral Conrad C. Lautenbacher, undersecretary of commerce for oceans and atmosphere, on May 22 in conjunction with National Hurricane Preparedness Week.

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.62% 15-Yr. Fixed: 6.23% 5 Yr. ARM: 6.21%
  1 Yr. ARM: 5.61% Libor (3 months): 5.23% Prime: 8.00%
Housing Starts*  (April 2006)
  Total: 1.849 million Single: 1.535 million Multi: 314,000
Home Sales*  (April 2006)
  New: 1.198 million Existing: 6.76 million  
Median Home Prices  (April 2006)
  New: $238,500 Existing: $223,000  
* Seasonally Adjusted Annual Rate

 

Sponsored by
McGraw Hill
Construction

 
 
> Get Green Home Building Intelligence Today!
> McGraw-Hill Construction’s Green Building SmartMarket Report Available Now!
 
 

Sponsored by
Freddie Mac

 
 
> The GSEs and Housing Affordability: A Necessary But Not Sufficient Condition
> Freddie Mac Keeps America's Eggonomy Stable. Enroll In Eggonomics 101
 
 

Sponsored by
NAHB

 
 
> Design Institute for Builders - June 5-6
> Concrete Technologies Tour - June 11-13
> Custom Builder Symposium - Oct. 27-29