NBN Online for the week of August 6, 2007

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

In This Issue:

Front Page
Homeland Security Crackdown on Illegal Workers Imminent
Housing Career Path Starts With CD-ROM and Building Doghouses
‘Buy Now’ Campaign Helps Boost Activity in Smaller Michigan Market
Coast to Coast
No Money Down Disappearing as Mortgage Option
Politics & Government
Housing Trust Fund Bill Heads to House Floor
House Energy Bill Includes Federal Role in Writing Building Codes
Economics & Finance
Mortgage Interest Rates Drift a Bit Lower
Eye on the Economy: Home Prices Fall, But Not Dramatically
Useful Links to Monitor Economic and Housing Trends
Tips
Builders’ Tip: A Tool to Find Circle Centers — Spot On
Sales and Marketing
Web Marketing Helps Ease Impact of Home Sales Slump
Enter The Nationals Sales and Marketing Awards by Sept. 28
Business Management
When Scheduling Jobs, Don’t Overlook Your ‘Soft Schedule’
50Plus Housing
Offer Residents an Alternative to Security Deposits
Multifamily
Law Safeguards Tenants Who Are Domestic Abuse Victims
Custom
Register for Custom Builder Symposium in Naples, Fla.
Building Systems
Plan to Attend SHOWCASE 2007 in Hilton Head, S.C.
New Modular FAQ Brochure Available to Builders, Consumers
Education
Education Calendar
Design
Attend AIA’s Full Spectrum Practice Symposium
Codes and Standards
New Installation Instructions Announced for Steel Tubing
Deadline Nears for New Code Amendment Proposals
Safety
Award Honors Outstanding Builder Safety Programs
Boost Job Site Safety With Fall Protection Training Products
Labor
Advanced Superintendent Training Now Offered
‘Instructor of the Year’ From Roswell, N.M. Job Corps
Building Products
Product Searches Now Easier on Georgia-Pacific Web Site
TV
NAHB-Produced Programs on DIY, Fine Living and HGTV
Endowment
Herman J. Smith Scholarship Award Winners Announced
Association News
NAHB Board in Seattle for Fall Meeting Sept. 8
Committee, Council Appointment Forms Now Online
Nation’s Building News Earns National Honors
Drive Away With a Shiny New $500 GM Offer
Special Offer for NAHB Members on the Dell ATG D620 Notebook
Introducing the Hertz Green Collection. Reserve and Conserve.
Get Free CD of Customer Service Forms From Biz Forms and Checks
Calendar of Events
NAHB Career Center

Top Story

Homeland Security Crackdown on Illegal Workers Imminent

With Congress failing to act on immigration reform, recent news reports from the Associated Press and the Los Angeles Times indicate that the Bush Administration is now planning a new crackdown on illegal immigrants, which could force millions of business owners to either fire them or face heavy fines and even imprisonment.

Any day now, the Department of Homeland Security (DHS) is expected to issue new rules on how employers must respond if they receive a letter from the Social Security Administration stating that a worker’s name or Social Security number does not match agency records.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 289 down $ 3
OSB Composite $ 190 down $ 10
Southern Pine Plywood Composite $ 474 down $ 2
With Permission from: RandomLengths.com
 

Housing Career Path Starts With CD-ROM and Building Doghouses

A “Building Homes of Our Own” computer competition was among the activities used by the Master Builders Association of King & Snohomish Counties in Washington at their recent annual career fair to stimulate student interest in the housing industry.

Available at no cost to classroom educators, public libraries, association members and affiliated associations,  NAHB’s “Building Homes of Our Own” CD-ROM provides students with an understanding of the home building and buying process, an introduction to careers and lessons in community responsibility as they design, construct and sell a 3-D home.

[MORE]

‘Buy Now’ Campaign Helps Boost Activity in Smaller Michigan Market

The “Buy Now” campaign launched by the Home Builders Association of Midland County in Michigan, with funding from NAHB’s “Buy Now” Advertising Assistance Program, has been a hit with the HBA’s membership as activity in the Midland market has increased.

NAHB’s program provides advertising grants to qualifying HBAs hit hard by the housing downturn.

“It’s hard to say that it’s all because of the campaign,” said the HBA’s executive officer, Connie Valliere. “But our builders and remodelers have been busy and models are selling at our parade of homes. There is definitely increased activity.”  

The HBA’s campaign, a two-week run of radio and newspaper advertising, featured the message “It’s a Great Time to Buy, Build or Improve.”

“Michigan has been really hard hit,” said Valliere. “We really felt it was important to get across the message that it’s never been a better time to invest in a home, whether it meant buying one, building one or improving one.”

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.68% 15-Yr. Fixed: 6.32% 5 Yr. ARM: 6.29%
  1 Yr. ARM: 5.59% Libor (3 months): 5.36% Prime: 8.25%
Housing Starts*  (June 2007)
  Total: 1.467 million Single: 1.151 million Multi: 316,000
Home Sales*  (June 2007)
  New: 834,000 Existing: 5.75 million  
Median Home Prices  (June 2007)
  New: $237,900 Existing: $230,100  
* Seasonally Adjusted Annual Rate

 

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