Week of January 12, 2009
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Builders Converge on Capitol Hill to Urge Housing Stimulus

Less than 24 hours after members of the 111th Congress were sworn into office, NAHB launched an all-out effort to make housing a centerpiece of the massive economic stimulus package that lawmakers are expected to complete by mid-February.

More than 80 builders from across the country converged on Capitol Hill on Jan. 7 to meet with the congressional leadership and key members of the banking and tax writing committees to convey the message that a housing stimulus is urgently needed and that restoring demand for housing is the fastest and most effective way of reviving the economy. ...

Framing Lumber Composite $ 203 $ 4
OSB Composite $ 175 $ 1
Southern Pine Plywood Composite $ 375 $ 0
With permission from: www.randomlengths.com 
 

Senators Recommend Expanding Energy Tax Incentives

As part of the federal government’s efforts to stimulate the lagging U.S. economy, Sens. Olympia Snowe (R-Maine) and Dianne Feinstein (D-Calif.) recommended in a Jan. 6 letter to President-elect Barack Obama significant expansions in two important energy tax incentives that promote energy-efficient construction.

“It is paramount that stimulus funding be utilized for capital improvements,” the legislators wrote, “and our nation’s building stock offers one of the greatest opportunities to see an immediate and long-term return on this investment.” ...

Avoid Long Lines at IBS, Register Online During the Show

Online registration will be available during the 2009 International Builders’ Show so that attendees who plan to register when they arrive in Las Vegas can avoid long registration lines.

The show will run from Jan. 20-23, with pre-show education beginning Friday, Jan.16.

Click here to register today.

Get the Most Out of IBS With My Show Planner

Get the most bang for your IBS buck by planning now for everything you want to see at the show.

Use the IBS Web site’s My Show Planner feature to schedule the exhibitors, meetings, special events and education sessions you don’t want to miss. ...

Interest Rates  
  30-Yr. Fixed: 5.01% 15-Yr. Fixed: 4.62% 5 Yr. ARM: 5.49%
  1 Yr. ARM: 4.95% Libor (3 months): 1.16% Prime: 3.25%
Housing Starts*  (November 2008)
  Total: 625,000 Single: 441,000 Multi: 184,000
Home Sales*  (November 2008)
  New: 419,000 Existing: 4.49 million  
Median Home Prices  (November 2008)
  New: $220,400 Existing: $181,300  
* Seasonally Adjusted Annual Rate

   
 
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Between-the-glass blinds won’t harbor dust; create a healthier indoor environment.
 
   
 
Take the guesswork out! 20-20 Virtual Showroom helps clients find the perfect finish
 
   
 
Register Now for the Show
Visit The New American Home
Choose the 2009 IBS Education Sessions That Work for You
 
   
 
Williams Scotsman $50 Gift Card
Solveras Payment Systems TWO YEAR Rate Guarantee
GM NAHB $500 Private Offer
 

 
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