ArchWeek Residential - 2008.1125

ArchitectureWeek Editors editor at architectureweek.com
Mon Nov 24 15:00:11 PST 2008


Dear Designers, Builders, and Dwellers,

ArchWeek Residential brings you housing news and analysis weekly 
from the editors of ArchitectureWeek.

Dueling bailouts coverage from the Wall Street Journal raises tough 
questions...

	Struggling U.S. auto makers left Washington empty-handed after
	weeks of pleading for a handout, but that hasn't deterred home
	builders from stepping up to lobby Congress for help...
	
	The builders' lobby is ramping up its sales pitch for a $250
	billion stimulus package called "Fix Housing First," arguing
	that financial markets won't recover until home prices stop
	falling. They are calling for a generous tax credit for home
	purchases and a federal subsidy that would lower a homeowner's
	mortgage rate.
	
	...But to some economists, "Fix Housing First" strikes an
	all-too-familiar refrain of "build more homes." Housing
	economist Thomas Lawler implores builders to "stop building." 
	He and others argue that effectively setting a floor for home
	prices will prolong the pain because it will keep supply and
	demand out of sync.
	
	"The government does not have the tools to rewrite the laws of
	supply and demand," said Harvard University economist Edward
	Glaeser. "By artificially increasing prices, we are encouraging
	more building."

Home Builders Make Plea for Federal Aid
Critics Warn That Propping Up Housing Demand Will Only Prolong Market's Woes 
http://online.wsj.com/article/SB122748520112251743.html

Discuss online:
http://www.designcommunity.com/forums/viewtopic.php?t=22642


Residential Design and Building News
------------------------------------
Bernanke Admits Misjudging Mortgage Crisis - Housing Wire, 2008.1124
http://www.housingwire.com/2008/11/24/viewpoint-bernanke-admits-misjudging-mortgage-crisis/

Building on Home Depot Covered Calls - Seeking Alpha, 2008.1124
http://seekingalpha.com/article/107481-building-on-home-depot-covered-calls

Editorial: Rancho Cordova Can Lead the Way - Sacramento Bee, 2008.1124
http://www.sacbee.com/110/story/1422311.html

Firefighters Back Anne Arundel Sprinkler Bill - Baltimore Examiner, 2008.1124
http://www.baltimoreexaminer.com/local/112408sprinkler.html

Welsh House Building Goals under Threat - Inside Housing, 2008.1124
http://www.insidehousing.co.uk/story.aspx?storycode=6501983

Home Building Recovery Expected for 2009 - The Age, 2008.1124
http://news.theage.com.au/business/home-building-recovery-expected-for-2009-20081124-6eyc.html

Reno Plans to Revise Building Fees - Reno Gazette-Journal, 2008.1124
http://www.rgj.com/article/20081124/NEWS04/811240346/1321/NEWS

Citigroup Rescue Boosts U.S. Stocks - Wall Street Journal, 2008.1124
http://online.wsj.com/article/SB122753869199253101.html?mod=googlenews_wsj

Washington Bankruptcy Filings Rise 40% - Seattle Times, 2008.1124
http://seattletimes.nwsource.com/html/localnews/2008428045_bankrupt24m.html

Building Boost Scheme - Herald Sun, 2008.1124
http://www.news.com.au/heraldsun/story/0,21985,24695435-662,00.html

Mortgage Bailout Solves Some Problems, Causes More - Wall Street Journal, 2008.1123
http://online.wsj.com/article/SB122749016086952075.html

Saving Green by Going Green - Hartford Courant, 2008.1123
http://www.courant.com/business/realestate/hc-hreenergycredit1123.artnov23,0,1500803.story

After Sylmar Fire, Officials Rethink Safety Standards for Mobile Home Parks - Los Angeles Times, 2008.1123
http://www.latimes.com/news/local/la-me-mobile23-2008nov23,0,208035.story

Future Home Builders of America - Denver Post, 2008.1122
http://www.denverpost.com/headlines/ci_11047200

Towers Rise to Higher standards - Chicago Trubune, 2009.1121
http://featuresblogs.chicagotribune.com/theskyline/2008/11/towers-rise-to.html

Fannie Mae, Freddie Mac to Suspend US Home Foreclosures - Associated Foreign Press, 2008.1121
http://www.google.com/hostednews/afp/article/ALeqM5hlAPfoi7lMVB_Bwd1yDmhBSGqgCQ

U.K. House Building Slumps to a Record Low - Telegraph, 2008.1120
http://www.telegraph.co.uk/finance/3489941/House-building-slumps-to-a-record-low.html

US Prices, Housing Starts Plunge - VOA News, 2008.1120
http://www.voanews.com/english/2008-11-20-voa15.cfm

Ordering Out for More Space - New York Times, 2008.1120
http://www.nytimes.com/2008/11/20/garden/20bronx.html?_r=1&scp=3&sq=building+AND+construction+AND+architecture&st=nyt

U.S. MBA'S Mortgage Applications Index Decreased 6.2% Last Week - Bloomberg, 2008.1119
http://www.bloomberg.com/apps/news?pid=20601103&sid=atH4rE.qc9Eo&refer=us

Prices Post Rare Fall; a New Test for the Fed - Wall Street Journal, 2008.1119
http://online.wsj.com/article/SB122710109269040789.html?mod=googlenews_wsj

U.S. Housing Starts, Permits Drop to Record Low Pace - Bloomberg, 2008.1119
http://www.bloomberg.com/apps/news?pid=20601068&sid=ayFpFXHa5bvU&refer=home

Aussie Architecture Awards 2008 - ArchitectureWeek, 2008.1119
http://www.archweek.com/2008/1119/index.html

Home Improvements Keep Builders on Job - The Daily (Australia), 2008.1119
http://www.thedaily.com.au/news/2008/nov/19/home-improvements-keep-builders-job/

Why We Shouldn't Save GM - The Nation, 2008.1118
http://www.thenation.com/doc/20081201/howl2

Homebuilder Sentiment Index Plunges to Record Low - New York Times, 2008.1118
http://www.nytimes.com/aponline/business/AP-Builder-Sentiment.html

Green Tips for Condo, Apartment Dwellers - CBS News, 2008.1118
http://www.cbsnews.com/stories/2008/11/18/tech/livinggreen/main4613617.shtml

Builders Urge Tenfold Rise in Social Buy-Up Fund - Property Week, 2008.1118
http://www.propertyweek.com/story.asp?sectioncode=36&storycode=3127773

Financial Crisis Gives Green Builders a Welcome Boost - Guardian Unlimited, 2008.1118
http://www.guardian.co.uk/environment/2008/nov/18/green-building-energy-efficiency

Half-Built Housing Litters County's Stagnant Landscape - News-Press, 2008.1118
http://www.news-press.com/article/20081118/RE/811180399/1076

Freddie Mac Projects Slower Recovery for Housing - Market Watch, 2008.1117
http://www.marketwatch.com/news/story/Freddie-Mac-projects-slower-recovery/story.aspx?guid={74A69250-C4E9-4D99-AF74-17E5BDB2AA49}

Lowe's Cuts Forecast on Poor Housing Markets - CBC, 2008.1117
http://www.cbc.ca/money/story/2008/11/17/guidance-lowes.html

Economist: Construction Spending to Drop in 2009 - Birmingham Business Journal, 2008.1117
http://www.bizjournals.com/birmingham/stories/2008/11/17/story4.html

House-Building Tails Off - Western Morning News, 2008.1117
http://www.thisiswesternmorningnews.co.uk/news/House-building-tails-despite-West-resilience/article-478165-detail/article.html

House-Building Tails Off - Western Morning News, 2008.1117
http://www.thisiswesternmorningnews.co.uk/news/House-building-tails-despite-West-resilience/article-478165-detail/article.html

Housing Supply Side Needs a Reality Test - Wall Street Journal, 2008.1117
http://online.wsj.com/article/SB122688933162232629.html

California Fires Could Burn for Days, Official Says - CNN, 2008.1117
http://www.cnn.com/2008/US/11/17/california.fires/

over 1,000 Houses Damaged in Powerful Earthquake in Indonesia - Xinhua, 2008.1117
http://news.xinhuanet.com/english/2008-11/17/content_10372033.htm

Fire Losses May Prompt Tougher Building Codes for Mobile Homes - Los Angeles Times, 2008.1117
http://www.latimes.com/news/local/politics/cal/la-me-firearnold17-2008nov17,0,3012524.story

How Mortgage Rates Are Set - New York Times, 2008.1116
http://www.nytimes.com/2008/11/16/realestate/16mort.html

A Cabin Is Not a Shack - New York Times, 2008.1114
http://www.nytimes.com/2008/11/14/greathomesanddestinations/14cabins.html?_r=1&oref=slogin

The Painter and the Pink Palazzo - New York Times, 2008.1113
http://www.nytimes.com/2008/11/13/garden/13schnabel.html

Key Borrowers Back Move to Rewrite Troubled Mortgages - Sacramento Bee, 2008.1112
http://www.sacbee.com/103/story/1390062.html

In Bali, a Home Nestled Among Rice Paddies and Trees - New York Times, 2008.1112
http://www.nytimes.com/2008/11/12/greathomesanddestinations/12gh-bali.html

Fed Defies Transparency Aim in Refusal to Disclose - Bloomberg, 2008.1110
http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY&refer=worldwide

People and Places by Nancy Novitski
    http://www.ArchitectureWeek.com/2008/1119/news_2-1.html
	Renzo Piano in Fort Worth, Texas - Behnisch Architekten,
	with Ayers/ Saint/ Gross in Baltimore, Maryland - Shepley
	Bulfinch and Erdman in Janesville, Wisconsin - Frank Gehry
	in Toronto, Canada - CORE architecture + design in
	Washington, D.C., USA - Randall Stout Architects, with RRMM
	Architects in Roanoke, Virginia - Leo A Daly in Los Angeles,
	California
	... short stories continue online:
        http://www.ArchWeek.com/2008/1119/news_2-1.html

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Press Release - Michael Gould Joins Hunt Hale Jones Architects 
	as Urban Design/Multifamily Studio Director
	 http://www.archweek.com/ad.cgi?081119_Hunt_Hale_Jones

Product News - ECOTECT
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Autodesk Q3 Revenue Up 13% to $607M with $104M Profit - TenLinks, 2008.1121
http://www.tenlinks.com/news/PR/AUTODESK/112108_q3revenue.htm

Architects Say 47% of Clients Adopting Some Green Building - TenLinks, 2008.1120
http://www.tenlinks.com/news/PR/AUTODESK/112008_greenindex.htm

Autodesk Fiscal 3Q Profit Rises 23 Percent - Yahoo Finance, 2008.1120
http://biz.yahoo.com/ap/081120/earns_autodesk.html?.v=1

3Dconnexion 3D Mice Now Supported by Google SketchUp 7 - 3D Connexion Press Release, 2008.1119
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