NBN Online for the week of August 21, 2006

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

In This Issue:

Front Page
Katrina Rebuilding Proceeds By Fits and Starts
Share Nation's Building News With Your Staff. It's Free.
Regulators Hear Builder Concerns in Roanoke, Va.
Coast to Coast
Could Rising Gas Prices Kill the Suburbs?
Housing Forum
Letters to the Editor: Invitation to a Lawsuit
Politics & Government
Florida Gears Up for November Initiative Battles
Most Cities Say They Felt the Impact of 2005 Hurricanes
Economics & Finance
Housing Starts Cool at an Orderly Pace in July
Builder Confidence Subsides to 15-Year Low
Tips
Builder's Tip: Using Wall-Sheathing as Insulation Stops
Business Management
Investors Coming Back to Haunt Florida Builders
Register by Aug. 25 for Custom Builder Symposium and Save
Custom Home Builder of Year Nominations Due Aug. 25
50Plus Housing
50+ Housing Awards Change Stripes, But Not Focus
Remodelers
Remodelers Report Weakening Market Conditions
Sales
IRM Research to Focus on the Wired Home
Education
Learn More Before NAHB's Fall Board Meeting
Want to Know More About Designations? Ask an Expert
Education Calendar
Green Building
Three New Green Building Programs Follow NAHB Model
Austin Eyes Making New Homes Zero-Energy Ready
Apply for Green Building Awards
Building Quality
Quality Helps Builders Excel in Tough Markets
Legal
NAHB Fighting Disputes Over Liability Insurance Claims
Free NAHB Moisture Protection Pamphlet for Siding Installers
Register for Sept. 7-8 Construction Law Seminar in San Francisco
Workforce housing
Apply for 2006 Workforce Housing Awards
Labor
HBI and Junior Achievement Promote Careers in Housing
Building Products
Schneider Electric Technology Boosts Builder Profitability
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
David and Trish Wilson Named Founding Advocates
Enter Awards Programs for Community Contributions
Association News
'Associate Appreciation Month' Is Almost Here
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Securely Collect Payments on-the-Go With Solveras
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

Katrina Rebuilding Proceeds By Fits and Starts

NAHB representatives attending the Mississippi Recovery Expo in Biloxi earlier this month were reminded afresh of the seemingly insurmountable challenges confronting home builders and home owners working to rebuild after last year’s hurricanes.

At the start of the 2006 storm season, Hurricane Katrina was back in the news last week when Mississippi home owners lost a lawsuit against their insurance company seeking coverage from storm surge damage and the Federal Emergency Management Administration (FEMA) ordered air testing for formaldehyde in the trailers it has provided for displaced residents in the devastated area.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 290 down $ 1
OSB Composite $ 217 down $ 17
Southern Pine Plywood Composite $ 377 down $ 10
With Permission from: RandomLengths.com
 

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Regulators Hear Builder Concerns in Roanoke, Va.

A series of “listening sessions” with federal government officials this month and next is providing the home building industry with an opportunity to suggest improvements to environmental regulatory and enforcement programs.

The federal Cooperative Conservation program encourages the Interior, Agriculture, Commerce and Defense departments and the Environmental Protection Agency (EPA) to work more collaboratively with state and local agencies, nonprofit groups and those who are regulated, including home builders.

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.52% 15-Yr. Fixed: 6.20% 5 Yr. ARM: 6.18%
  1 Yr. ARM: 5.65% Libor (3 months): 5.40% Prime: 8.25%
Housing Starts*  (July 2006)
  Total: 1.795 million Single: 1.452 million Multi: 343,000
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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