NBN Online for the week of November 3, 2008

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

In This Issue:

Front Page
Tax Credits Heat Up Demand for Solar Homes in Florida
Read More in Nation’s Building News — Win a Full IBS Registration
Level Heads Keep Topeka's Housing on Healthier Track
Coast to Coast
A Vote for Homeownership
Economics & Finance
Eye on the Economy: Housing Downswing Has Further to Run
Useful Links to Monitor Economic and Housing Trends
IBS
Discounts on Early Registration and IBS Hotels End Nov. 7
Sign Up for Designation Courses and Education Sessions at IBS
Tips
Builders’ Tip: Align Shingle Courses Without Chalklines
building quality
Cost and Quality Suffer When Jobs Aren’t Ready
Downturn
Be Specific When Determining Your Target Operating Profit
Learn About Diversifying Into Light Commercial on Nov. 5
Attend SHOWCASE on Nov. 16 for Solutions in a Challenging Market
Experts to Discuss Alternate Funding Sources on Nov. 13
Learn How to Effectively Work With Your Lender in the Credit Crunch
Technology
Start With Wiring When Making Technology Features Standard
50Plus Housing
Apply for the Prestigious 2009 Best of 50+ Housing Awards
Revolutionize Your Thinking About 50+ Housing
Multifamily
Enter Pillars of Industry Multifamily Awards by Nov. 21
Market Realities, Emerging Trends at Pillars Conference in March
Remodelers
Getting Prospects to Commit Key to Success in Remodeling
Deconstruction: One Path to Green Remodeling
Safety
Apply for NAHB SAFE Award by Nov. 14, Application Fee Waived
Education
Education Calendar
Green Building
Energy Star Warns of ‘Energy Vampire’ Standby Power
National Green Building Award Applications Now Being Accepted
Legal
HBAs Sign Up for VA Affirmative Marketing
Workforce housing
Three Win ULI/Terwilliger Workforce Housing Awards
home builders institute
Delmar Cengage Learning Cited for Service to Students
Building Products
Historic American Molding Collection Available at Lowe’s
TV
NAHB-Produced Programs on DIY, Fine Living and HGTV
Endowment
Lewis Ranieri Discusses Credit Crisis in Dunlop Lecture
Applications for Endowment IBS Scholarships Due Oct. 31
Submissions for Lee S. Evans Scholarships Due Nov. 21
Association News
New York Housing Leader Herb Warshavsky Dead at 85
EOs, Strengthen Leadership Skills at Nov. 6 Conference
Don’t Get Tripped Up by the Media, Take Spokesperson Training
Williams Scotsman Offers One Month Free Rent, $50 Gas Gift Card
UPS Offers Up to 30% Discount to NAHB Members on Shipping
GM $500 Private Offer: Easy as 1-2-3
Save $25 on Hertz ‘Green,’ ‘Fun’ or ‘Prestige’ Weekly Rentals
Calendar of Events
NAHB Career Center

Top Story

Tax Credits Heat Up Demand for Solar Homes in Florida

A Florida builder is taking advantage of energy-efficiency tax credit provisions to construct homes that include photovoltaic panels to produce electricity and a solar water heating system — at prices competitive with more traditional homes in his market.

Ronald King Construction in Brooksville is installing the renewable energy systems on homes in its Deerfield Estates subdivision. When combined with Energy Star-rated appliances, lighting and other features, the homes are built to be at least 60% more energy-efficient than conventional homes.
[MORE]

Lumber Prices Provided by Random Lengths

Framing Lumber Composite $ 220 down $ 5
OSB Composite $ 195 down $ 1
Southern Pine Plywood Composite $ 418 down $ 9
With Permission from: RandomLengths.com
 

Read More in Nation’s Building News — Win a Full IBS Registration

Click on and read five or more stories in this issue of Nation’s Building News and you automatically will be entered in a contest to win a full registration to the 2009 International Builders’ Show in Las Vegas on Jan. 20-23.

Full registration — $425 for members and $575 for non-members — gives attendees access to four days of exhibits on one million net square feet of exhibit space, all the educational sessions at IBS and new, daily-featured speakers who will give you pointers on how to navigate the downturn.

Continue Reading the Industry News That Is Important to You

There are no forms or paperwork to fill out to enter this contest. Just read more about what’s important to you and your business in Nation’s Building News each week.

One avid reader will be selected randomly each week through the Dec. 22 issue. So read more in every issue until then to improve your chances of winning — and to put your business in a better position during the downturn.

[MORE]

Level Heads Keep Topeka's Housing on Healthier Track

By living up to their Midwestern reputation for not being risk-takers, residents of Topeka, Kan. have seen their local housing market weather the current economic crisis better than some others across the country.

“Obviously we’ve seen a downturn, but we never overbuilt so our builders are not sitting on too much inventory,” said Dawn Wright, president and CEO of the Topeka Home Builders Association (THBA).

[MORE]

Housing Snapshot

Interest Rates  
  30-Yr. Fixed: 6.46% 15-Yr. Fixed: 6.19% 5 Yr. ARM: 6.36%
  1 Yr. ARM: 5.38% Libor (3 months): 2.86% Prime: 4.00%
Housing Starts*  (September 2008)
  Total: 817,000 Single: 544,000 Multi: 273,000
Home Sales*  (September 2008)
  New: 464,000 Existing: 5.18 million  
Median Home Prices  (September 2008)
  New: $218,400 Existing: $191,600  
* Seasonally Adjusted Annual Rate

 

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