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Mortgage News for Thursday - May 1, 2003

More Mortgage News
• No Place Like Home
• Editor's Notes: Sign of the Times
• Concrete Results
• Seiders Economy: Who Labors? Who Buys?
Mortgage News
Concrete Results - 2003-05-01
When Allan Anderson, a Petersburg, Ill., builder got notice that a local family had contacted the University of Illinois looking for affordable housing help, he became a man with a mission.

"The thinking goes like this," he continues, "using an insulated concrete system may add $4 a month to the mortgage (over a similar-sized conventionally framed home), but that energy performance more than makes up the difference."
Read the full story at Builder Online
 
Seiders Economy: Who Labors? Who Buys? - 2003-05-01
Recent NAHB surveys highlight an ongoing trend toward subcontracting by single-family home builders in this low mortgage rate environment. But builders of all sizes still directly purchase large proportions of materials used and installed by their subcontractors.

Most builders reserve little of the construction process for their own employees. Some (generally small firms) do their own framing, paneling, and installation of windows as well as interior and exterior doors.
Read the full story at Builder Online
 






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