NBN Online for the week of February 25, 2008

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

In This Issue:

Front Page
Effort to Spur Home Sales Needed to Shore Up Economy
Fannie, Freddie Ramping Up to Buy Jumbo Mortgages
Coast to Coast
Why Housing Prices Are Nearing Bottom
Politics & Government
Plan to Attend the 2008 NAHB Legislative Conference
Economics & Finance
Housing Starts Just About Flat in January
Improved Traffic Raises Builders’ Hopes in February
Low Mortgage Rates Boost Affordability at Year's End
Builders Support Project Lifeline for Strapped Borrowers
Eye on the Economy: The Economy Is Skating Close to Recession
Useful Links to Monitor Economic and Housing Trends
Research
Builders Cited for Cutting-Edge Approach to Energy Efficiency
50Plus Housing
Older Buyers Less Affected by Mortgage Credit Crunch
Best of 50+ Housing Awards Entries Due by Feb. 29
Help Rebuild New Orleans at 50+ Housing Symposium
Multifamily
Condo Market Seeing Some Signs of New Life
Apartment/Condo Conference in Colorado Coming Up Soon
Remodelers
More Small Jobs Needed to Sustain Remodelers in 2007
Remodelers Report Slower Market in Fourth Quarter
Sales
New-Home Sales Designees Honored at Builders' Show
Education
University of Housing Honors Five Designees of the Year
Boost Business Skills During National Designation Month
Education Calendar
Green Building
Sec. Bodman Calls for More Energy-Efficient Homes
Designation for Green Building Professionals Debuts at IBS
Construction Safety
Extension Ladders With Fall Hazard Recalled
Labor
Peterman Appointment Bodes Well for Florida Youth Training
Young Consider Housing Careers During Entrepreneurship Week
IBS
Show a Big Success Despite Somewhat Thinner Crowds
Building Products
Trane System Removes Flu Virus From Filtered Home Air
TV
NAHB-Produced Programs on DIY, Fine Living and HGTV
Endowment
Generous Builders Honored at IBS for Community Service
Challenge/Build/Grow Initiative Proposals Due March 28
Association News
Dunn Vows to Energize Grassroots Members in 2008
NAHB Directors Elect Leadership for 2008
Clyde Anderson, of Dallas HBA, Named 2007 Associate of the Year
Get Dell Double Discounts Through Feb. 29
Drive Away With a Shiny New $500 GM Private Offer
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Introducing the Hertz Green Collection. Reserve and Conserve.
Calendar of Events
NAHB Career Center

Show a Big Success Despite Somewhat Thinner Crowds

The 2008 International Builders’ Show (IBS), considered the largest industry event of its kind, attracted more than 92,000 attendees and 1,900 exhibitors spread across more than one million net square feet of exhibit space.

Closing out its four-year run at the Orange County Convention Center in Orlando, the show hosted builders from across the country against a backdrop of a dramatic slowdown in new-home sales.

“Builders came to this year’s show with a renewed sense of purpose and got straight to work learning about the latest products and trends and how to differentiate themselves from the competition,” said NAHB President Sandy Dunn, who was installed on Feb. 15. “They’re doing what they need to do to get back on track in a slower market.”

While attendance was down 11% from last year, show exhibitors were pleased with this year’s sales leads and customers, noting that there were fewer “tire kickers” and more builders looking for detailed information about the products displayed.

“The traffic is down, but the quality is good,” said Jeffrey Feld of Jeld-Wen, a window and door manufacturer.  “When you have people waiting three or four deep, you don’t have time to really speak with them. That’s not true this year.”

“I had already gotten more leads by yesterday than I usually get for the whole show,” said Laura Barrington, a representative from Lennox heating and air conditioning systems. “These are serious builders, truly interested in learning about our product.”

Interest was especially strong in the green product category — from more energy efficient tool batteries at DeWalt to tankless water heaters on display at the Propane Education and Research Council (PERC). The key, these exhibitors said, was better product marketing.

“We had phenomenal attendance,” said DeWalt’s Adam Lawless. The booth featured stations where attendees could try out the company’s tools and then receive tickets for free product drawings. “We did it right as a company,” by including a large marketing budget and providing plenty of free tools and accessories, he said.

The council, meanwhile, featured a propane-fueled truck, given to one lucky show-goer. The promotion helped draw attention to propane’s other uses besides as a source of fuel in the backyard grill, said Tracy Burleson, director of residential trade outreach and partnerships for PERC.

Attendees noted the change in the crowds, too. “This is my second show, and it’s much different from last year, but in a good way,” said Teresa Radzuercz of Corporate Construction in Inverness, Fla. “There’s more room to breathe. It’s easier to talk to people.”

The IBS celebrated Green Day on Thursday, Feb. 14, as the association launched the NAHB National Green Building Program and introduced the Certified Green Professional educational designation. Attendees packed the rooms for a full schedule of green building-related seminars, and an introduction to the highly anticipated NAHB National Green Building Program boasted standing-room-only crowds. “Green building is the next big thing, and we are certainly ready for it,” Dunn noted.

After spending four years in Orlando, the International Builders’ Show moves next year to Las Vegas, Jan. 20-23.  “As the housing industry regains its strength in 2008, I predict a great show next year, too,” Dunn said.


 

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