NBN Online for the week of February 26, 2007

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In This Issue:

Front Page
Rapid Changes Foreseen for Home of the Future
Apply for ‘Buy Now’ Advertising Assistance Grants From NAHB
Learning Program Knocks Down Language Barrier for Hispanics
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
Housing Remains Steady Amid the Gloom
Housing Forum
Letter to the Editor: Bringing a New Dimension to Toilets
Economics & Finance
Indianapolis Remains Most Affordable Housing Market
U.S. Shenanigans Threaten to Unravel Canada Timber Pact
Useful Links to Monitor Economic and Housing Trends
Tips
Builders’ Tip: How to Make Invisible Drywall Butt Joints
Sales and Marketing
Real Living Needs Shape Dream Home Buyers Want
Must-Have Tech Trends Setting Homes Apart
Business Management
20 Ways to Cut Construction Costs and Improve Profitability
Multifamily
Survey Finds Price and Location Drive Condo Sales
Remodelers
Remodelors Council Changes Name to 'NAHB Remodelers'
Chicago Remodeler Mike Nagel Named Chair of NAHB Remodelers
Women
Minnesota Builder Willenbring Is New Women's Council Chair
Education
Education Calendar
Legal
NAHB Submits Brief in Clean Water Supreme Court Case
Design
AARP-NAHB Awards Honor ‘Livable’ Community Design
Workforce housing
Information Sought on Affordable Housing Developers
Labor
Freddie Mac Joins HBI for Gulf Coast Construction Training
Building Products
Owens Corning Shingles Fast to Install, Reduce Callbacks
Stud University Provides Steel Framing Training
TV
NAHB-Produced Programs on HGTV and DIY This Week
Endowment
Apply for Herman J. Smith Scholarships by May 3
Association News
Michael T. Rose, Washington, D.C. Area Developer, Dies at 63
Builders Join ‘Silly String’ Drive to Save Soldiers’ Lives in Iraq
Piedmont ‘Gas Girl’ Receives Associate of the Year Award
Office Depot Deals: Music to Your Ears
GM Business Choice, Lowe’s Team Up to Reward NAHB Members
Lock in 2006 Visa/MC Processing Rates Before Increase
Calendar of Events
NAHB Career Center

Top Story

Rapid Changes Foreseen for Home of the Future

The pace of change in the American home is expected to accelerate dramatically in the next several years, according to 60 NAHB interviews with some 500 architects, designers, manufacturers and marketing experts asking them about what they expect to be prevalent in average and upscale homes in 2015.

The big news is that single-family homes are expected to end the growth spurt that has persisted, with some cyclical interruptions, since 1973. “We don’t think the size will rise anymore,” Gopal Ahluwalia, NAHB’s vice president for research, told an audience at the International Builders’ Show in Orlando, Fla. earlier this month.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 292 up $ 4
OSB Composite $ 184 up $ 2
Southern Pine Plywood Composite $ 428 up $ 2
With Permission from: RandomLengths.com
 

Apply for ‘Buy Now’ Advertising Assistance Grants From NAHB

If your local association is currently engaged in an ongoing advertising campaign in print, radio or television outlets, or if you are planning such a campaign, have your association apply for a “Buy Now” advertising assistance grant from NAHB. To date, 12 local associations have already applied.

NAHB launched the multi-million dollar grant program last week to assist local home builders associations in an effort to bolster home sales in markets hit hard by the current housing downturn and help offset the cost of local ad campaigns.

[MORE]

Learning Program Knocks Down Language Barrier for Hispanics

A new self-paced learning program is now available to help the home building industry’s 2.5 million Hispanic workers learn to speak English. Sed de Saber™-Construction Edition, sponsored by Lowe’s, was created by the Home Builders Institute (HBI), the workforce development arm of NAHB, to address job site communication and safety challenges presented by the language barrier.

Sed de Saber™-Construction Edition uses the Quantum LeapPad™ plus a microphone and seven interactive books to teach Spanish-speaking workers more than 500 words and 340 phrases, providing a functional level of English language conversation and comprehension in an average of four months.

[MORE]

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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.

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.22% 15-Yr. Fixed: 5.97% 5 Yr. ARM: 5.96%
  1 Yr. ARM: 5.49% Libor (3 months): 5.36% Prime: 8.25%
Housing Starts*  (January 2007)
  Total: 1.408 million Single: 1.108 million Multi: 300,000
Home Sales*  (December 2006)
  New: 1.12 million Existing: 6.22 million  
Median Home Prices  (December 2006)
  New: $235,000 Existing: $222,000  
* Seasonally Adjusted Annual Rate

 

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McGraw Hill
Construction

 
 
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Sponsored by
NAHB

 
 
> GM Business Choice and Lowe's Team Up to Reward NAHB Members
> Office Depot: Music to Your Ears
> Lock in 2006 Credit Card Processing Rates