NBN Online for the week of April 16, 2007

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

In This Issue:

Front Page
In a Down Housing Market, Green Demand Exceeds Supply
Design the Crucial Factor in Effective Green Building
Make Sure Your HBA Is Committed to Membership Day
‘Buy Now’ Advertising Assistance Nears $1 Million. Apply Now.
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
D.R. Horton 2nd-Quarter Net Sales Orders Decline
Economics & Finance
Subprime Woes Undermine Builder Confidence in April
Eye on the Economy: Subprime Mess Weighs on Housing
How Deep a Correction? Attend Construction Forecast Conference
Useful Links to Monitor Economic and Housing Trends
Tips
Builders' Tip: Building a Blueprint Table on the Job Site
Business Management
Customer Satisfaction Suffers From Poor Communication
50Plus Housing
Boomers Meet Baseball and Modern Art in Denver
Remodelers
Survey: Consumers Won’t Pay for Lead-Dust Testing
NAHB Has ‘Remodeling Month’ Resources for You
Building Systems
Concrete Tour Mixes Plant Visits, Latest Trends
Attend the Modular and Panel Plant Tour May 20-22
Education
Sign Up for Free Storm Water Compliance Audio Seminar
Design Matters. Register Now for the Design Institute
Education Calendar
Research
Builders Encouraged to Adapt Concept Home Plans
Green Building
Energy-Efficiency Tax Breaks Extended for Homes, Buildings
Green Standard Census Committee Appointed
Environment
Polar Bears Could Lead to ESA Climate Change Regulation
Commercial
NCBC 2008 Awards of Excellence Open for Entries
Design
June 1 Deadline Nears for Livable Communities Awards
Labor
Builders Spread the Word About Home Building Careers
Building Products
Sound-Reducing Gypsum Boards Are Thin and Easy
TV
NAHB-Produced Programs on HGTV and DIY This Week
Endowment
HBA Challenge/Build/Grow Proposals — Deadline April 21
Association News
New Online Materials Ordering Process Now Available
Get Free 'April Is New Homes Month' Resources Online Now
20% Off OptiPlex Desktops and Select Latitude Notebooks
Drive Away With a Shiny New $500 GM Offer
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Lock in 2006 Visa/MC Processing Rates. Offer Ends April 30.
Calendar of Events
NAHB Career Center

Top Story

In a Down Housing Market, Green Demand Exceeds Supply

With housing production continuing to run cool as builders work down their unsold inventories of homes, green building and remodeling is one corner of the marketplace where demand is riding higher than the available supply, participants in an NAHB teleconference said on April 16.

Recent surveys by McGraw-Hill Construction among green home buyers and home owners who have undertaken remodeling jobs find a strong sentiment among consumers that there “are not enough green builders out there and demand is exceeding the homes available,” with the shortfall particularly pronounced in the East, said Harvey Bernstein, the company’s vice president of industry analytics, alliances and strategic initiatives.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 288 up $ 7
OSB Composite $ 191 up $ 8
Southern Pine Plywood Composite $ 453 up $ 13
With Permission from: RandomLengths.com
 

Design the Crucial Factor in Effective Green Building

Instead of worrying about offbeat construction materials and techniques, home builders interested in pursuing green home building opportunities should start by considering basic designs — many of which have been around for ages — that will promote the peak performance of the house, Peter Pfeiffer, of Barley & Pfeiffer Architects in Austin, Texas, told the NAHB National Green Building Conference in St. Louis last month.

“This is not about bamboo floors and geothermal heat pumps,” Pfeiffer said, “but the first decisions we make even before we begin building. Let’s make some smart design decisions first….Green building is less about finding materials and more about the appropriateness of the design.”

[MORE]

Make Sure Your HBA Is Committed to Membership Day

This year, membership analysts predict that NAHB’s upcoming National Membership Day on Tuesday, May 22 could bring in more than 10,000 new members. During the day, more prizes will be awarded to successful recruiters than ever before, thanks to Whirlpool, NAHB’s exclusive membership sponsor.

Members of participating local home builders associations that participate are eligible to win a Chill and Grill Travel Cooler, receive double Spike credits during the month of May and become eligible to rank in national membership competitions for recruitment, retention and participation.

To be eligible for these incentives, members must belong to a local association that:

  • Has completed the “Commit to Call” and faxed it to NAHB by Friday, May 4. Free temporary tattoos are available to those who have completed and faxed the “Commit to Call.”

  • Calls between noon and 5:00 p.m. EST on Tuesday, May 22 to report new member pledge totals for the month of May.


Currently, more than 200 local HBAs are registered to participate in NAHB’s annual membership drive.

[MORE]

‘Buy Now’ Advertising Assistance Nears $1 Million. Apply Now.

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” matching advertising assistance grant from NAHB. HBAs from around the country have already applied and have begun to receive their assistance funds. 

To date, 51 local associations have applied for advertising assistance grants from the $1 million to be awarded during the first phase of the program, and $997,443 has been approved. The total cost of their campaigns is $3.5 million. 

Another $2 million will be made available if the advertising assistance program is successful, and HBAs are encouraged to apply now.

NAHB launched the multi-million dollar grant program last month 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]

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: 6.22% 15-Yr. Fixed: 5.90% 5 Yr. ARM: 5.93%
  1 Yr. ARM: 5.47% Libor (3 months): 5.36% Prime: 8.25%
Housing Starts*  (February 2007)
  Total: 1.525 million Single: 1.220 million Multi: 305,000
Home Sales*  (February 2007)
  New: 848,000 Existing: 6.69 million  
Median Home Prices  (February 2007)
  New: $250,000 Existing: $211,100  
* Seasonally Adjusted Annual Rate

 

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