Free NAHB Conference to Offer Business Survival Strategies
NAHB and Hanley Wood are offering a free, half-day conference that will provide housing professionals with tips and survival strategies to navigate through the housing downturn and keep their businesses afloat.
“Weathering the Storm: Survival Strategies in a Down Market” will be held from 1:00-5:00 p.m. on April 22 at the National Housing Center in Washington, D.C.
For builders, remodelers, developers, contractors, sales consultants and other industry professionals, the conference will feature advice from fellow industry professionals on such topics as: generating sales; restructuring your company; operational excellence; ways to work with your bank; and legal issues confronting builders and others within the industry.
- Projects That Are Generating Sales
Presenters will discuss the projects that are outselling the competition and why.
- Restructure Your Company to Survive
2:00 -2:30 p.m.
Survival advice will include how to generate cash from operations, close down subdivisions, optimize staff and find new sources of equity.
- After the Fall: The Rebirth of Operations
The presentation will focus on the need for and how to achieve it.
- Ways to Work With Your Banks
Presenters will discuss how to unfreeze credit, renegotiate terms and restructure, as well as credit rights and workouts.
- Legal Issues Forum
This session will examine solutions to issues confronting builders and others in the residential construction industry as a result of the current economic and housing downturn.
The conference is free, but attendees must register in advance.
For more information or to register, visit www.nahb.org/survival, e-mail Christabelle Smith at NAHB, or call her at 800-568-5242 x8416.
Tax Credit Web Site Looks at Opportunity of a Lifetime
Builders and other industry professionals can help spur home sales by referring prospective first-time home buyers to www.federalhousingtaxcredit.com. The NAHB Web site provides detailed information on the $8,000 federal tax credit for first-time home buyers included in the economic stimulus legislation signed into law by President Obama.
Consumers can use the Web site to find information on the tax credit – including a detailed question and answer section. It also includes information about other housing-related and small business measures in the legislation and a number of home-buying resources for consumers.
“The new tax credit provides a great opportunity for first-time home buyers,” said NAHB Chairman Joe Robson. “Combined with today’s near record low interest rates, the large selection of homes on the market and very competitive pricing, the tax credit should provide the extra incentive needed to get prospective buyers who have been sitting on the fence into the market.”
Industry professionals are encouraged to highlight the tax credit Web site when marketing to their potential first-time home buyer market.
Plan to Attend Construction Forecast Conference
Plan to attend or watch the 2009 Spring NAHB Construction Forecast Conference & Webcast on Thursday, April 23 in Washington, D.C. to get the latest facts, insights and analysis of the housing industry.
Panels of nationally recognized experts at the day-long conference will discuss economic trends, government policies, developments in the housing industry and the results from NAHB's recent surveys.
For more information and to register, visit www.nahb.org/cfc.