Monday Report
Housing Inventory - Top 20 Cities February 26th 2008



Don't Miss the Bald Eagles


RankCity # Units Closed Qtr 4 2007Current Residential InventoryTotal Current PipelineQtrs to Absorbe Current Inventory and Pipeline
1Herriman70 1,1654,98287.81
2Hurricane 588413,559 75.86
3Pleasant Grove53636 1,73744.77
4Eagle Mountain184 2,2035,44241.55
5West Jordan78 8582,20839.31
6South Jordan1391,895 3,00535.25
7West Valley105 5452,47428.75
8Leh298 2,6475,26326.54
9Layton60 77774825.42
10Spanish Fork86 8251,18123.33
11Saratoga Springs2221,975 3,15423.10
12Kaysville64 60672920.86
13Riverton118 1,20998618.60
14St George2522,8231,8 5918.58
15Draper113 1,19384718.05
16Springville 93916750 17.91
17Syracuse87 72181117.61
18Washington 137 1,73839915.60
19West Haven97588 72813.57
20Lindon53 1501024.75

Source: NewReach - Builders Decision, 2008


  • Improve Physical Education!
  • Carol M. White Physical Education Program
  • POSTED: 2/15/2008
  • FUNDING SOURCE: Dept. of Education
  • ELIGIBILITY: LEAs and nonprofits
  • $ AVAILABLE: $33,850,000
  • MAX GRANT SIZE: $500,000
  • http://a257.g.akamaitech.net/7/257/ 2422/01jan20081800/edocket.access.gpo.gov/2008/E 8-2936.htm
  • DESCRIPTION: Funds to initiate, expand, or enhance physical education programs, including after-school programs, for students in kindergarten through 12th grade.

  • Improve Community Schools!
  • Full-Service Community Schools Program
  • POSTED: 2/15/2008
  • FUNDING SOURCE: Dept. of Education
  • ELIGIBILITY: LEA Consortia
  • $ AVAILABLE: $4,912,650
  • MAX GRANT SIZE: $500,000
  • DEADLINE: 3/17/08 (LOI); 4/15/08 (Final)
  • CONTACT INFORMATION: http://a257.g.akamaitech.net/7/257/2422/01jan200818 00/edocket.access.gpo.gov/2008/E8-2934.htm
  • DESCRIPTION: Grants to provide full-service schools that go above and beyond standard academic services.

  • Humanities Support!
  • Challenge Grants
  • POSTED: 2/15/2008
  • ELIGIBILITY: Nonprofits, including IHEs
  • MAX GRANT SIZE: $1,000,000
  • DEADLINE: 5/1/08
  • CONTACT INFORMATION: http://www.neh.gov/grants/guidelines/challenge.html
  • DESCRIPTION: Grants to secure long-term improvements for humanities programs and resources.

  • National League of Cities Invites Entries for Municipal Excellence Awards
  • Deadline: May 1, 2008
  • The National League of Cities ( http://www.nlc.org/ ) and engineering and construction company CH2M HILL have announced the 2008 Awards for Municipal Excellence.
  • The awards recognize outstanding programs that improve the qual- ity of life in America's communities, with two awards in each population category. Municipalities that win select a charity to receive $1,000 or $2,000. The awards are presented at the annual Congress of Cities and Exposition.
  • Nominated cities must be members of NLC.
  • Visit the NLC Web site for complete program information and nomination materials.

  • Motorola Offers Innovation Generation Grants for Science and Math Education Programs
  • Deadline: March 1, 2008
  • In 2008, the Motorola Foundation will provide a total of $4 mil- lion in Innovation Generation Grants to organizations that engage K-12 students and teachers in the U.S. in innovation, science, technology, engineering, and math.
  • Funding priority will be placed on pioneering programs that engage students and teachers in innovative, hands-on activities; teach innovation and creative problem-solving skills; focus on girls and underrepresented minorities; engage Motorola employees as volunteers; take place in Arizona, California, Florida, Illinois, Massachusetts, New York, Pennsylvania, and Texas com- munities where Motorola has an employee presence; demonstrate measurable outcomes; and are less than two years old.
  • Any U.S. nonprofit organization may apply. Schools and school districts may apply.
  • Grant applicants may request up to $100,000 each. Select organi- zations may be asked to apply for larger grants. Grants will be for one year of project work, starting after June 2008.
  • At least 25 percent of the total grant dollars available will support new programming that has been in existence for less than two years and is not simply an expansion of an existing program.
  • Returning 2007 Innovation Generation Grant recipients must demon- strate that they have created new STEM partnerships with business, another nonprofit organization, or another foundation.
  • Visit the Motorola Web site for complete program guidelines as well as information on the 2007 Innovation Grant recipients.

  • Increase Substance Abuse (SA) and Mental Health (MH) Access!
  • Grants to Expand Substance Abuse Treatment Capacity for Drug Courts
  • POSTED: 2/6/2008
  • ELIGIBILITY: Drug courts with SA connections
  • $ AVAILABLE: $5,400,000
  • MAX GRANT SIZE: $300,000
  • DEADLINE: 4/10/08
  • CONTACT INFORMATION: http://samhsa.gov/grants/2008/ti_08_007.aspx
  • DESCRIPTION: Funds to expand and/or enhance substance abuse treatment services in "problem solving" courts which use the treatment drug court model.

  • Training for Jobs in Energy!
  • High Growth Job Training Initiative Grants for the Energy Industry
  • POSTED: 2/10/2008
  • FUNDING SOURCE: Dept. of Labor
  • ELIGIBILITY: Nonprofit, private, for-profit and public agencies
  • $ AVAILABLE: $10,000,000
  • MAX GRANT SIZE: $1,000,000
  • DEADLINE: 3/25/08
  • CONTACT INFORMATION: Ariam Ferro, 202-693- 3968
  • DESCRIPTION: Funding for high-impact regional approaches to meet the workforce challenges of the energy industry and/or address the shortage of construction and skilled trade workers needed to maintain and expand the energy industry infrastructure.

  • Prepare Health Care Providers for the Information Age!
  • Health Information Technology Planning Grants
  • POSTED: 2/7/2008
  • ELIGIBILITY: Health care organizations
  • $ AVAILABLE: $500,000
  • DEADLINE: 4/15/08
  • CONTACT INFORMATION: https://grants.hrsa.gov/webExternal/FundingOppDetail s.asp?FundingCycleId=9CFF9F13-8D31-4C17-842F- 6D10CC04DBB6&ViewMode=EU&GoBack=&PrintMod e=&OnlineAvailabilityFlag=&pageNumber=&version=& NC=&Popup=
  • DESCRIPTION: Grants for structured planning activities that will prepare health care providers to adopt Electronic Health Records or other HIT innovations

  • Improve Outcomes for Indian Children!
  • Demonstration Grants for Indian Children
  • POSTED: 2/6/2008
  • FUNDING SOURCE: Dept. of Education
  • ELIGIBILITY: SEAs, LEAs, and Indian Tribes
  • $ AVAILABLE: $1,600,000
  • MAX GRANT SIZE: $300,000
  • DEADLINE: 3/7/08
  • http://a257.g.akamaitech.net/7/257/ 2422/01jan20081800/edocket.access.gpo.gov/2008/E 8-2154.htm
  • DESCRIPTION: Funds to develop, test, and demonstrate the effectiveness of services and programs to improve the educational opportunities and achievement of Indian students.

  • Help Minority Agricultural Producers!
  • Small, Minority Producer Grant Program
  • POSTED: 2/4/2008
  • ELIGIBILITY: Minority agricultural cooperatives or associations of cooperatives
  • $ AVAILABLE: $1,463,000
  • MAX GRANT SIZE: $175,000
  • DEADLINE: 4/8/08
  • http://a257.g.akamaitech.net/7/257/ 2422/01jan20081800/edocket.access.gpo.gov/2008/E 8-2327.htm
  • DESCRIPTION: Grants to provide technical assistance to small, minority agricultural producers through eligible minority cooperatives and minority associations of cooperatives.

  • Help Rural Economies!
  • Rural Cooperative Development
  • POSTED: 2/8/2008
  • ELIGIBILITY: Nonprofits and IHEs that serve rural areas
  • $ AVAILABLE: $4,400,000
  • MAX GRANT SIZE: $200,000
  • DEADLINE: 4/8/08
  • http://a257.g.akamaitech.net/7/257/ 2422/01jan20081800/edocket.access.gpo.gov/2008/E 8-2328.htm
  • DESCRIPTION: Grants to establish and operate centers with the expertise to help start, expand or improve cooperative rural businesses.


Utah Housing Inventory

  • What were the 4th closings
  • Who has the most inventory?
  • How long to absorb?
  • Grants Available?

Bob Springmeyer

Bonneville Research

    • International Business Confidence
    • Business sentiment has stabilized, but at a very low level that is consistent with a contracting U.S. economy and marginal growth in Canada and Europe. Confidence remains stronger in Asia and South America, but is consistent with growth that is at the low end of potential. Businesses remain particularly negative on current conditions and the outlook six months hence. Real estate firms and financial institutions are the most worried, but business service firms and even manufacturers and high-tech firms are measurably more nervous. Pricing pressures remain subdued despite currently high oil prices.
    • The Conference Board Leading Indicators
    • The Conference Board index of leading indicators fell 0.1% in January, following a similar decline in December. The index has fallen for four straight months and is consistent with a mild recession.
    • Risk of Recession
    • Falling employment, slumping retail and vehicle sales, and waning confidence signal that the U.S. economy is contracting. It is no longer a question of if, but rather how severe the economic downturn will be. In January, the Moody's Economy.com probability of recession increased to 60%, up from December's unrevised 56% and its highest since 2001. The probability of recession is consistent with an economy in a mild recession and additional monetary easing is coming, which will help minimize the severity of the downturn.
    • CPI
    • The January level of the Consumer Price Index for Urban Consumers was at 212.5, an increase of 0.4% for the month and an increase of 4.4% for the year, a slight increase of 0.2 percentage points from December. The core CPI inflation rate was at 2.5% for January compared with one year ago, an increase of only 0.1 percentage point from December. Year-to- year CPI inflation has thus remained approximately level with December and shows no sign of accelerating.
    • ABC News/Washington Post Consumer Comfort Index
    • Consumer confidence steadied this week, albeit near a 14-year low. According to the ABC News/Washington Post consumer comfort index, sentiment was unchanged at -37 in the week ending February 17. The details of the report were worrisome as consumers' perception of the buying climate and economy slides further. A four-point gain in the personal finances component was the lone bright spot this week.
    • New Residential Construction (C20)
    • Housing starts increased 0.8% to 1.012 million units in January, more than Moody's Economy.com had expected. Housing permits decreased 3% during the month. Expect the market to remain soft throughout at least the first half of the year, even with more rate cuts by the Federal Open Market Committee.
    • NAHB Housing Market Index
    • The National Association of Home Builders housing market index increased slightly to 20 in February, up from 19 in January. Single-family sales increased to 20 in February compared with 19 in the previous month, though six-month expectations declined to 27 from 28 in January. Traffic of potential buyers increased slightly. These numbers do not point to a full recovery of the housing market, but the lack of further decline points to the housing market possibly having bottomed out.
    • MBA Mortgage Applications Survey
    • The market indices plunged this week as lower stock market prices and climbing oil prices occurred hand in hand with tightening credit market conditions and higher contract rates. The composite index finished the week of February 20 at 822.8, down 22.6% over the previous week. The purchase index ended at 357.6%, down 11.5% from last week. The high level of refinancing shot backward to 3,533.8, a 27.9% decrease from the previous week.
    • Chain Store Sales
    • Chain store sales were essentially unchanged in the week ending February 16, according to the International Council of Shopping Centers. Year-over- year growth also changed little, inching up 1.9% but remaining below 2% for the seventh consecutive week. High energy prices and economic concerns were mentioned as drags on sales.
    • Jobless Claims
    • Initial jobless claims fell by 9,000 to 349,000. Most of the new year volatility is now in the past and, as evident in this latest claims figure, layoffs remain elevated compared with their trend through much of 2007.
    • Oil and Gas Inventories
    • Crude oil inventories rose by 4.2 million barrels for the week ending February 15, according to the Energy Information Administration, which was above expectations of a 2.4 million barrel buildup. Distillate supplies fell by an outsize 4.5 million barrels, below expectations. Gasoline inventories rose by 1.1 million barrels, in line with estimates. Refinery operating capacity fell sharply to 83.5% from 85.1%. This report will keep oil prices below $100.
    • Weekly Natural Gas Storage Report
    • Underground storage of natural gas fell by 172 billion cubic feet during the week ending February 15, nearly identical to the consensus estimate for a decline of 173 billion cubic feet. Total underground storage was 1,770 Bcf as of February 15, 127 Bcf less than last year at this time but 97 above the five-year average

    Source: Economy.com 2008

    • Pacific Dental Services operates
    • Pacific Dental Services operates 149 locations throughout AZ, CA and NV.
    • The dental centers occupy spaces of 2,500 sq.ft. to 5,000 sq.ft. in endcaps and split pad sites.
    • Growth opportunities are sought throughout Orange, Riverside and San Bernardino, CA during the coming 18 months, with representation by Commercial West Brokerage.
    • For more information,
      • contact
      • Phil Berry,
      • Commercial West Brokerage,
      • 2443 East Coast Highway,
      • Corona Del Mar, C
      • A 92625;
      • Web site: www.commercialwest.com.
    • Bellini Juvenile Designer Furniture
    • Bellini Juvenile Designer Furniture operates 61 locations nationwide.
    • The stores, specializing in upscale furniture and accessories for children, occupy spaces of 3,500 sq.ft. to 5,500 sq.ft. in lifestyle, specialty and strip centers.
    • Growth opportunities are sought throughout major metro markets nationwide during the coming 18 months, with representation by Sommers Consultants.
    • Typical leases run 10 years.
    • vanilla shell is required. F
    • or more information,
      • contact
      • Ron Sommers,
      • Sommers Consultants,
      • 301 North Main Street,
      • New City, NY 10956.

  • Don't Miss the Bald Eagles
  • Bald Eagles at Farmington Bay

    • Farmington Bay WMA
    • 1700 West Glover Lane (925 South)
    • Farmington, UT

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