NBN Online for the week of November 13, 2006

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

In This Issue:

Front Page
Owners Expect the Value of Their Homes to Rise, Poll Finds
Professional Remodeling Reduces Lead Levels, Study Shows
Reader Survey: Tell Us What Housing News Is Important to You
Play Builders' Free Online Pro Football. Don't Drop the Ball.
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
Official Says Bad Data Fueled Rate Cuts, Housing Speculation
Housing Forum
Builder Members, the Future Is in Your Hands
Politics & Government
Builders Prepare to Work With New Democrat-Led Congress
Voters in 10 States Limit Eminent Domain Powers
Economics & Finance
Useful Links to Monitor Economic and Housing Trends
Tips
Builder's Tip: Coping With Mini-Grinders
Business Management
Six Tips for Getting the Most From Your Business
Changing Market Gives Urban Builders an Edge
50Plus Housing
Learn How to Get Started in Active Adult Housing at IBS
Sales
Hone Your Sales and Marketing Skills at Free Teleconference
IBS
Register for 2007 Builders' Show by Nov. 17 and Save
Education
Education Calendar
Green Building
First Student-Built ‘Green’ Home Follows NAHB Model
Research
Market for Zero Energy Homes Seen as Early as 2012
Building Quality
Contracts With Trades Should Include Six Key Clauses
Legal
Broadband Effort, Park Impact Fee Draw Fire From Builders
Workforce housing
Awards Honor News Coverage of Affordable Housing Crisis
Apply for 2006 Workforce Housing Awards by Nov. 17
Labor
Student Chapter Members Visit National Housing Center
Building Products
New Food Waste Disposers Grind More With Less Noise
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Submissions for Lee S. Evans Scholarships Due by Dec. 8
Association News
Bob Strudler, Chairman at Lennar, Dies at 64
Lexington Homes Honored for 10 ‘Extreme Team’ Projects
New York Builders Recognized for Pediatric Respite House
GM $500 Off Exclusive Offer for NAHB Members
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Calendar of Events
NAHB Career Center

Top Story

Owners Expect the Value of Their Homes to Rise, Poll Finds

As builders across the country work to inform prospective home buyers about why this a good time to buy a home, recent findings from a new nationwide survey commissioned by NAHB confirm that confidence in the outlook for residential real estate remains unshaken by the current slowdown in the marketplace.

Americans remain highly confident about the nation’s housing prospects, with more than four out of five home owners expecting the value of their home to appreciate over the next five years and nearly seven out of 10 calling it their most valuable investment, according to results from the survey of more than 2,000 households, including more than 1,750 registered voters.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 269 down $ 4
OSB Composite $ 189 up $ 1
Southern Pine Plywood Composite $ 361 up $ 16
With Permission from: RandomLengths.com
 

Professional Remodeling Reduces Lead Levels, Study Shows

Hiring a professional remodeler to do renovation work in older homes with lead-based paint does not create lead hazards, and in fact leaves the home with measurably lower lead levels than before, according to a new study funded by NAHB.

Leaders on the NAHB Remodelors™ Council presented the results of the study on Nov. 8 to James B. Gulliford, the U.S. Environmental Protection Agency's assistant administrator for prevention, pesticides and toxic substances, during a meeting in his Washington office.

“It was a very productive meeting,” said Council Chairman Vince Butler of Butler Brothers in Oakton, Va. “The study reinforces the importance of safe work practices, which, when it comes to remodeling, the majority of our members already employ.”

[MORE]

Reader Survey: Tell Us What Housing News Is Important to You

Because you regularly read Nation's Building News, we value your ideas and would like your help.

Please tell us what information in Nation's Building News is important to you — what you read and what you might like us to add — by answering our short online reader survey.

To take the survey, click here.

(Please note: If you have already answered the survey questions, thank you.)

Play Builders' Free Online Pro Football. Don't Drop the Ball.

Don't miss another weekend of NFL games — and your chance to win prizes from HGTVPro. Sign up and play in the Builders Football League (BFL) on HTGVpro.com — the free, online pro football "pick 'em" contest with a special league for NAHB members.

Playing is free, fun and easy ― and participants have a chance to win weekly prizes or the grand prize — a Panasonic 61-inch high definition TV — at the end of the season.

[MORE]

Share Nation's Building News With Your Staff. It's Free.

Make your business click. Subscribe your employees and trade partners to Nation's Building News — the free, online e-newspaper of NAHB.

Each issue is filled with valuable news and information on every aspect of the home building industry — business and builders tips; the latest materials prices and mortgage interest rates; new technologies; cutting-edge design; state and federal regulations and how they affect the industy; and more. Information your entire company needs to stay ahead of your competitors.

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.33% 15-Yr. Fixed: 6.04% 5 Yr. ARM: 6.08%
  1 Yr. ARM: 5.55% Libor (3 months): 5.37% Prime: 8.25%
Housing Starts*  (September 2006)
  Total: 1.77 million Single: 1.43 million Multi: 346,000
Home Sales*  (September 2006)
  New: 1.075 million Existing: 6.18 million  
Median Home Prices  (September 2006)
  New: $217,000 Existing: $220,000  
* Seasonally Adjusted Annual Rate

 

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