Week of March 9, 2009
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An Energy Value Housing Award winner from Aspen Homes of Colorado.

Energy Tax Credit to Generate $6 Billion in Remodeling Jobs

Energy Star has published comprehensive information on how the housing industry and consumers can take advantage of the federal tax credits for energy-efficient home improvements in the new economic stimulus package. The credits are expected to significantly increase demand for green renovation projects this year and next, according to federal officials.

Congressional economists project that the new provisions will generate an estimated $6 billion in remodeling work by the end of 2010. ...

Framing Lumber Composite $ 198 $ 1
OSB Composite $ 179 $ 3
Southern Pine Plywood Composite $ 380 $ 3
With permission from: www.randomlengths.com 
 

Learn to Market Housing Tax Credit at Free Teleconference March 16

NAHB is hosting a free teleconference for builders and sales and marketing professionals on how to effectively market the recently-passed first-time home buyer $8,000 housing tax credit to prospective buyers.

The teleconference will begin at 2:00 p.m. EST on Monday, March 16. ...

NAHB Provides One-Stop Stimulus and Tax Credit Information

NAHB has created a Web page at www.nahb.org/2009stimulus with links to everything association members need to know about the $787 billion economic stimulus package that was signed into law in February.

NAHB members are encouraged to use the site to find information and resources on what is in the stimulus package, what it means to their customers and their business, how to promote the $8,000 tax credit to first-time home buyers, and how to take advantage of the many provisions that benefit the housing industry. ...

Interest Rates  
  30-Yr. Fixed: 5.15% 15-Yr. Fixed: 4.72% 5 Yr. ARM: 5.08%
  1 Yr. ARM: 4.86% Libor (3 months): 1.31% Prime: 3.25%
Housing Starts*  (January 2009)
  Total: 466,000 Single: 347,000 Multi: 119,000
Home Sales*  (January 2009)
  New: 309,000 Existing: 4.49 million  
Median Home Prices  (January 2009)
  New: $201,100 Existing: $170,300  
* Seasonally Adjusted Annual Rate

   
 
Lock in 2008 Rates With Solveras
Lodging Discounts Through Wyndham Hotel Group
GM $500 Offer Is Back for 2009, Better Than Ever
 

 
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