The Official Online Weekly Newspaper of NAHB
The New American Home (TNAH) 2011 is beautiful and loaded with new products and design innovations that will stimulate the imagination of anyone who makes their living in the housing industry. The grand show home will be a highlight of the NAHB International Builders’ Show (IBS), Jan. 12 through 15 in Orlando.
The home features American Empire design with Greek Revival elements and combines an inviting layout with elegant style, eccentric interiors and easy classicism. Built in a quiet Orlando neighborhood, it offers a view of a lake with the city skyline beyond. Read More
|Framing Lumber Composite||$ 273||$ 4|
|OSB Composite||$ 220||$ 3|
|Southern Pine Plywood Composite||$ 386||$ 1|
|With permission from: www.randomlengths.com|
Released on Dec. 1, the final report of President Obama's bipartisan National Commission on Fiscal Responsibility and Reform includes disturbing recommendations that would curtail or eliminate essential housing incentives such as the mortgage interest deduction (MID).
As NAHB had anticipated, the final report of the bipartisan commission recommends significant alterations to the mortgage interest deduction as part of an overall plan to cut the federal budget deficit. Proposed options include eliminating the MID, changing it to a 12% non-refundable tax credit, setting a $500,000 cap for eligible mortgages and limiting its application to primary residences.
Prepared for the bad news, NAHB immediately rolled out a new consumer-oriented website, that will be a critical tool in the association’s fight to preserve the MID as a cornerstone of American housing policy —SaveMyMortgageInterestDeduction.com.... Read More
This issue of Nation’s Building News previews many of the new products, technologies, classes and events that you can attend, see and sample at the 2011 NAHB International Builders’ Show in Orlando next month.
Plus, there also are photos and floor plans of The New American Home for you to enjoy before you visit.
Save this issue for reference until you get to the show.
Extensive reports from IBS will begin appearing following the show starting with the Jan. 24 edition.
Builders and developers looking for credit for residential construction projects will find a broad array of lenders at the NAHB Finance Pavilion during the NAHB International Builders’ Show (IBS).
“NAHB has been working hard to address the problems our members have been experiencing in finding financing for acquisition, development and construction, or AD&C,” said NAHB CEO Jerry Howard. “The NAHB Finance Pavilion is just one of many strategies we are advancing to help members find the credit they need to move forward with new or existing projects.” ... Read More
The foreclosure problems that have made headlines over the last couple of months have definitely slowed down the process of working through a huge backlog of distressed homes in the marketplace but are not expected to derail the fragile housing recovery as it slowly moves to higher ground in the period ahead, according to participants in an NAHB webinar on Nov. 15.
Speakers agreed that the questions raised about the legitimacy of the foreclosures that have been occurring are largely over intricate procedural matters involving documents and court affidavits and not over the substantive issue of whether home owners are being defrauded of their property. The vast majority of borrowers who are losing their homes are far behind in their payments, with virtually no hope of catching up, they said.... Read More
Early bird registration — and savings — to the 2011 NAHB International Builders' Show in Orlando next month ends on Friday, Dec. 10.
Industry professionals who register for the show by Dec. 10 can purchase four-day exhibit passes starting at $50 to the show — the single, most important and largest industry event of the year — which will be held on Jan. 12-15.
Early-bird discounts are also available for one or two education passes. These early-bird purchases include four days of exhibit passes to the show floor.
IBS features more than 1,000 exhibitors on 500,000 square feet of exhibit space and more than 200 education sessions.
To learn more, visit www.BuildersShow.com/whygo.
To register, click here.
|* Seasonally Adjusted Annual Rate|