NBN Online for the week of December 4, 2006

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

In This Issue:

Front Page
Builders May Have Seen the Worst of Current Downturn
Products, Networking, Education Draw Industry Pros to IBS
Flyer Lists 10 Great Reasons to Buy a Home
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
Home Builders Gearing Up for 2008
Economics & Finance
Conforming Loan Limits to Remain Unchanged in 2007
Home Price Appreciation Continues Orderly Slowdown
Indianapolis Remains Most Affordable Housing Market
Eye on the Economy: Home Sales Are Stabilizing
Useful Links to Monitor Economic and Housing Trends
Tips
Builder's Tip: A Tool to Make Seamless Stucco Patches
Business Management
Use NAHB’s Biztools to Help Manage Taxes, Contractors
Reduce Cycle Time, Increase Profits With Simple Tech Solutions
Multifamily
Confidence in Rental Apartment Market on the Rise
Investor Confidence in Multifamily Market Soars
Enter Pillars, the Best in Multifamily, by Dec. 18
Remodelers
Remodeling Market Strengthens in Third Quarter
Building Systems
Log Homes Council Sells Cookbooks for Cancer Cure
Katrina
Drywall, Plywood, Shingles Needed in New Orleans
Volunteers Needed to Rebuild Historic Home’s Porch
Education
Advice From Industry Experts: Ramp Up Sales and Marketing
When Money Is Tight, Consumers Shop for Expertise
Education Calendar
Green Building
Apply for Green Building Awards
Research
Energy Award Finalists Head for Builders’ Show
Regulation
Nationwide Permit Overhaul Needs More Work
Alliance Focuses on Streamlining Overlapping Regulations
Experts Hash Out Top Court’s Wetlands Opinions
Legal
Settlement Proposed for Steel Tubing Lawsuit
Labor
HBI Addressing Language Barrier for Hispanic Workers
Building Products
Manual Provides Expertise on Residential Asphalt Roofs
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Klaiber Named Most Recent Glunt Scholar
Association News
Dell for the Holidays: Double Discounts Through Dec. 31
GM $500 Off Exclusive Offer for NAHB Members
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Play Builders' Free Online Pro Football. Don't Drop the Ball.
Calendar of Events
NAHB Career Center

Settlement Proposed for Steel Tubing Lawsuit

Builders may receive questions from home owners about a proposed settlement of a class action lawsuit involving corrugated stainless steel tubing (CSST) that has been used in residential, commercial and industrial buildings after Sept. 5, 2006. The tubing is used to transmit gas.

According to the plaintiffs in the case, tubing manufactured by Titeflex, Ward, OmegaFlex or Parker Hannifin poses an unreasonable risk of fire from lightning strikes. The tubing in question is stamped with one of the manufacturers’ marks.
 

CSST is a continuous, flexible, stainless steel pipe that typically is covered with a yellow plastic coating. It is usually installed along floor joists, above basements, in attic spaces or connected to exposed appliances such as water heaters.

The suit alleges that the tubing is not thick enough to prevent damage in the event of a lightning strike and that the manufacturers have failed to warn consumers about this alleged danger.

Under the proposed settlement, those who qualify ― which includes home owners ― will receive payment vouchers of between $200 and $2,000 to defray the cost of buying and installing a lightning protection system, or between $75 and $160 to install a bonding and grounding system.

Participants who plan to make a claim must submit a claim form to the CSST Settlement Administrator by Sept. 5, 2007.

A hearing to determine whether the proposed settlement is fair, reasonable and adequate will be held in the Circuit Court of Clark County, Ark. on Feb. 1.

For more information, visit www.csstsettlement.com, call the CSST Settlement Administrator at 800-420-2916, or write the administrator at P.O. Box 4349; Portland, Ore. 97208-4349.


 

Sponsored by
Freddie Mac

 
 
> CEO Syron Puts Housing and Economic Trends in Perspective, Rejects Charge of Systemic Risk
> The GSEs and Housing Affordability: A Necessary But Not Sufficient Condition
 
 

Sponsored by
McGraw Hill
Construction

 
 
> Find and manage projects right from your desktop.
> Get your company listed in the new McGraw-Hill Construction Directory.
 
 

Sponsored by
NAHB

 
 
> GM NAHB $500 Exclusive Offer
> Get Dell Double Discounts Through Dec. 31
> Save Up to 30% on UPS Shipping