Thursday, July 31, 2008
Culminating months of intensive advocacy efforts by the entire NAHB federation, the Senate has approved a major housing stimulus package that will go to the President's desk to be signed into law shortly.
"This landmark bill contains several provisions to help home buyers, stop the slide in home prices, provide a lifeline to borrowers facing foreclosure, improve mortgage liquidity and bolster confidence in Fannie Mae and Freddie Mac," said NAHB President Sandy Dunn. "We commend Congress for working in a bipartisan fashion to provide much-needed relief to the American people."
For the past year, NAHB has been in the forefront in pushing for legislation to address the turmoil in the financial and housing markets and to bolster the nation's faltering economy.
Senate Banking Committee Chairman Chris Dodd (D-Conn.), a chief architect of the bill, calls it "the most important piece of housing legislation in a generation."
Echoing those comments, House Speaker Nancy Pelosi (D-Calif.) sa...
| Posted by Michael Shumway at 6:19 AM |
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Wednesday, June 25, 2008
There is a new player coming in the wireless Internet arena. Is your home office ready?
| Posted by Michael Shumway at 8:18 PM |
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Monday, May 19, 2008
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.
| Posted by Ryan Kerfoot at 3:04 PM |
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Thursday, April 03, 2008
This link will take you to a feature article that appeared in the Idaho Statesman on February 25th regarding the new Galileo Math & Science Magnet School in the Meridian District.
http://www.idahostatesman.com/eyepiece/story/305199.html
| Posted by Ryan Kerfoot at 1:47 PM |
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Tuesday, March 25, 2008
Please don't let me spoil a good cathartic experience for you. If you are certain the sky will fall, then by all means wear a helmet and turn elsewhere for confirmation. I enjoy amateur economics, you know, basic stuff like supply and demand. In my job, we study the real estate market in the Treasure Valleyand have been closely monitoring residential inventory since 2006 after the unfathomable sales year of 2005. At this point, you probably know there is an extreme excess supply of residential lots and, in my opinion, a much more reasonable supply of finished home inventory. I would argue that the market has been correcting itself for some time and we have made considerable progress toward equilibrium.
One way to evaluate the trend of finished residential inventory supply is to study the change in inventory by month from one year to another. Because we live in Idaho, winter both impedes the construction process and the buying process. During the holiday period, people are other...
| Posted by Nora Kormylo at 3:00 PM |
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