Homebuilding Slow But Hopeful – The House Designers

While homebuilding is expected to remain slow through most of 2009, that doesn’t mean that consumers shouldn’t continue to search for land, purchase their dream house plansÂ and research the latest home building products. In fact, with prices at an all time low, if you have the finances – now is the time to buy and build green, because everyone is negotiating their prices and fees to accommodate the falling market.

Robert Rivinius, president and CEO of the California Building Industry Association (CBIA), recently renewed his pitch for legislative relief to stimulate housing and the economy. Already the association has seen a 9 percent decrease in single-family homes being built from last year. The association wants state and federal lawmakers to enact a tax credit for new home buyers similar to the home buyer tax credit enacted by Congress during the 1970s when the housing market was going through a similar downturn.

“Within months of its enactment, home sales doubled, and within two years, new housing construction was back to normal levels nationwide,” Rivinius said. “We continue to believe that in today’s economic climate, a tax credit for new home buyers would provide a much needed jolt to the languishing housing market, and in turn, the entire economy.”

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Christine Cooney

Editor at The House Designers

Christine has over a decade of experience as a house plan and floor plan expert. Outside of providing her expertise to customers to help them find and build their dream homes, her passion and knowledge of the home building industry allows Christine to guide families and builders through all of the important steps from finding plans to building custom homes that meet the expectations of today’s new home owner. Christine’s years of knowledge of the diverse trends and needs of the modern homeowner has made her into an authoritative and trusted voice in the online house plan community.

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