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Housing, Growth and the Economy: What Will 2008 Hold?
New York–How much longer can economic growth continue? Thanks to the housing decline and other economic threats, it’s unclear, The New York Times reported Wednesday.Housing prices could drop, consumers would stop spending and declining business would prompt companies to cut jobs–that’s the negative 2008 scenario many economists feel is most possible, according to the Times.In 2007, job growth slowed and inflation concern increased–but consumer spending stayed solid and unemployment remained level.Yet housing, which posed a serious threat to the economy last year, is an ongoing fear. Currently 2.1 million homes–2.6 percent of the U.S. housing inventory–remain vacant and on the…
NAHB Nationals To Be Presented in Florida
By Erin Brereton, Content ManagerOrlando–The Nationals award program, sponsored by The National Association of Home Builders’ National Sales and Marketing Council, has announced its 2007 winners, who will be honored at the 27th annual Nationals Gala on February 13 in Orlando.Regional, Silver and Gold award winners were chosen in more than 59 new home sales and marketing categories by a panel of eight industry members. Nearly 1,400 entries were received.Gold Awards in each category also will be given out at the Feb. 13 awards ceremony, held during with the International Builders’ Show in Orlando.The Nationals, which began as the MIRM…
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