Sponsor the Upcoming GMM
for just $250 your company can be an event sponsor for the HBA General Membership Meeting.
Sponsors receive: one (1) complimentary registration, event signage, recognition at the event and company acknowledgement on future marketing materials for the event.
Join our current sponsors:
Andy Detterline & Associates
Solutions for New Home Marketing & Development
Those interested in sponsoring may contact Lauren Tappenden, laurent@builderpa.com or call the HBA offices (610) 692-7733 | |
Builders say new loan pressure will delay recovery
By Alan J. Heavens
INQUIRER REAL ESTATE WRITER
With many economists predicting that a housing turnaround might still be a year away, lenders' increasing attempts to get builders to pay down outstanding loans might further delay recovery.
A recent members' survey by the National Association of Home Builders showed that "significant numbers" of builders and developers were under such pressure, especially on loans for land acquisition and development and construction.
"This is just one more reason why builders will continue to cut construction," said Mark Zandi, chief economist at Moody's Economy.com.
Main Line builder Chip Vaughan of Vaughan & Sautter recalls that in the downturn of 1991, local lenders pressured some builders to pay debt faster.
"They forced builders into bankruptcy, and this only added to their problems when they then had to sell off the asset at even a more distressed sale price," he said.
Vaughan said he believed most lenders today would wait out the downturn.
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2008 Voice of Housing Fundraiser
Thursday, June 26, 2008
The Inn Keeper's Kitchen
Dilworthtown Inn
1390 Old Wilmington Pike
West Chester, PA 19382
Cocktails & Hor D'Oeuvres
6:30-8:30pm
Sponsorship Opportunities Available
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Landscapes2-Online Public Comment Site
Your voice needs to be heard as we revisit Landscapes. This can be done by participating in online Public Meetings that enable visitors to review and weigh in on Plan material as it is drafted. Visitors are now able to review draft policies, recommendations and eventually mapping. The online service will allow you to submit comments and concerns that will be considered in the final draft of the Plan update.You can find out more information about this online public comment service at the Landscapes2 website.
Call your Congressman today!
The National Association of Home Builders is urging Congress to act on Housing Stimulus - H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008 by the July 4th Congressional recess. H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008, contains a provision that would provide a temporary, first-time home buyer tax credit of $7,500 for the purchase of any home used as a principal residence and closed on between April 9, 2008 and April 1, 2009. More information... |
Gottahava Wawa!
This months General Membership Meeting will featureWawa Chairman, Richard Wood, who will share the success of the Wawa marketing strategy. There is still time to register!
June 18th, 6:00pm
The Old Mill at Rose Valley
Rose Valley, PA
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Newly Scheduled Programs/Events
*Trade Contractor Certification Training-June 30, July 1
*Builder Leadership Panel-July 10th
*Value Engineering of Single Family Home Structural Systems: Guidelines to Maximizing Economy- July 23
*CSP I: Certified New Home Sales Professional- 8/12, 8/19, 8/26
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Upcoming Events/Programs:
*HBA General Membership Meeting- June 18th, The Old Mill at Rose Valley.
*2nd Annual HBA Battle of the Bands-July 9th
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Coming up at the HBA:
*June 18th-June General Membership Meeting
*June 26th-2008 PAC Fundraiser
*July 9th-2nd Annual Battle of the Bands
*July 10th- Builder Leadership Panel
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Builder Leadership Panel
July 10th the HBA will be holding a Leadership Panel featuring builder members, Frank McKee, Todd Pohlig and Chip Vaughan.
The panel will discuss some of the guiding principles of leadership that have been instrumental in their successes and how they are applying them to today's market challenges
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TRADE CONTRACTOR CERTIFICATION TRAINING
The Potomack Group in Association with the NAHB Reseach Center will be offering both certification preparation training classes and consulting services to assist Trade Contractors and Suppliers get ready for NHQ certification
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WELCOME NEW MEMBERS
The HBA would like to welcome the following new members.
ASSOCIATE
Rick Tramontina
Roberts Automobiles, L.P.
(610) 269-8200
Michael Hohl
Lyons & Hohl, Inc.
(610) 942-2400
Duane Davis
Wouch, Maloney & Co., LLP
(215) 675-8364
AFFILIATE
Kathy Clarke
The McKee Group
(484) 908-6276
Congratulations on your membership in the HBA!
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2nd Annual DufferFest!
A Family Fun Music Festival Benefiting the Trisomy 21(Down Syndrome) Program at Children's Hospital of Philadelphia
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