NBN Online for the week of August 14, 2006

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In This Issue:

Front Page
Regulators Backing Down From Ditch Oversight
Florida’s Hurricane Season a Time to Wait for Home Sales Recovery
Share Nation's Building News With Your Staff. It's Free.
Layouts for Living
Floor Plans: Affordability, Convenience Come to ‘Main Street’
Coast to Coast
Slim Pickings for Real Estate Vultures
Politics & Government
Days Numbered for Senate to Move on Estate Tax Relief
Mortgage Holdings a Sticking Point for GSE Reform Bill
Economics & Finance
Eye on the Economy: Housing Pulls Down Economic Growth
Legal
Free NAHB Moisture Protection Pamphlet for Siding Installers
Register for Sept. 7-8 Construction Law Seminar in San Francisco
Tips
Builder's Tip: Using Sandbags as Concrete-Form Anchors
Business Management
Why You Should Be Concerned About Workplace Harassment
Mobile Office Alarm System Protects Construction Job Sites
BuilderBooks.com: Navigate the Challenges of Land Development
Custom Home Builder of Year Nominations Due Aug. 15
Early Registration for Custom Builder Symposium Ends Soon
Remodelers
Golf Utah for Educated Remodelers Everywhere
Commercial
McGraw-Hill Offers ENR Discount to NAHB Members
Commercial Builders Awards of Excellence Deadline Aug. 18
International
Sign Up for Trade Mission to Puerto Vallarta, Mexico
Thinking Green, Building Green Down Under
Education
CAPS Designation All Over National News, CBS, CNN
Learn More Before NAHB's Fall Board Meeting
Want to Know More About Designations? Ask an Expert
Education Calendar
Environment
Government Regulators Listen to Builder Suggestions
Green Building
Color Drawing Explains Green Building to Home Buyers
Apply for Green Building Awards
Codes and Standards
NAHB Members Reviewing ICC Code Change Proposals
Workforce housing
Apply for 2006 Workforce Housing Awards
Labor
Workers to Be Trained to Help Rebuild New Orleans
Building Products
USG Recycling Gypsum Scrap and Ceiling Panels
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Barton Harvey to Give Dunlop Lecture at Harvard
Enter Awards Programs for Community Contributions
Association News
UPS Offers Up to 30% Discount to NAHB Members on Shipping
GM $500 Exclusive Offer for NAHB Members
Find Key Employees Through the NAHB Online Career Center
Fall Board Meets Sept. 13-17 in Salt Lake City
Calendar of Events
NAHB Career Center

Top Story

Regulators Backing Down From Ditch Oversight

The U.S. Army Corps of Engineers has agreed to stop enforcing the so-called Philadelphia Ditch Rule, under which it had asserted jurisdiction to regulate common roadside ditches as "navigable waters."

The decision provides further indication that the Corps and the U.S. Environmental Protection Agency are beginning to reassess how builders and developers should be regulated under the Clean Water Act, following the recent Supreme Court decision in the Rapanos and Carabell cases.

In New Mexico, the Corps on July 20 withdrew a previous requirement for a Clean Water Act Section 404 wetlands permit it had imposed on Sivage Community Development, which has been planning to build a community on a 354-acre plot near the town of Los Lunas.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 291 down $ 5
OSB Composite $ 234 down $ 4
Southern Pine Plywood Composite $ 387 down $ 4
With Permission from: RandomLengths.com

Layouts for Living

Floor Plans: Affordability, Convenience Come to ‘Main Street’

Developed by: Peachtree Homes, Inc.

Not too far from downtown Atlanta near the Fulton County line, Peachtree Villages in Jonesboro, Ga. offers affordable two-story town homes with two-, three- and four-bedroom options with features and a “Main Street” look that makes living here convenient.

Designed to appeal to and be well within reach of the local workforce, Peachtree Villages, with prices ranging from $110,900 to $121,900, is already home to teachers, day care workers, truck drivers, medical technicians, people who work in retail and others. Peachtree Villages won NAHB's Workforce Housing Award in 2005.
[MORE]

 

Florida’s Hurricane Season a Time to Wait for Home Sales Recovery

Florida’s housing industry appears poised for a return to growth in 2007, possibly as early as the first quarter, but first builders will have to work off a growing inventory in a chilly sales environment and return to a more customer-friendly approach to selling homes in the process, according to market analysts appearing at the Florida Home Builders Association’s (FHBA) Southeast Building Conference (SEBC) in Orlando, Fla. on Aug. 5.

Builders are also hoping for a respite during this year’s hurricane season from the major storms that have pounded states in the Gulf Coast for the past couple of years. In addition to destroying or damaging some 750,000 homes in the region last year, the hurricanes have given northerners pause about relocating to traditional retirement areas and have sent home owner insurance costs skyrocketing.

[MORE]

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Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.55% 15-Yr. Fixed: 6.20% 5 Yr. ARM: 6.21%
  1 Yr. ARM: 5.69% Libor (3 months): 5.42% Prime: 8.25%
Housing Starts*  (June 2006)
  Total: 1.850 million Single: 1.486 million Multi: 364,000
Home Sales*  (June 2006)
  New: 1.131 million Existing: 6.62 million  
Median Home Prices  (June 2006)
  New: $231,300 Existing: $231,000  
* Seasonally Adjusted Annual Rate

 

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