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FYI

Briefly.....

Homeowners who may have thought about the purchase of a new home are now investing in their existing homes and extending their living spaces out — outdoors, that is. The economic sow's purse of a housing downturn could prove to be a silk purse for the casual industry.

  • Nearly seven out of 10 architects report an increase in demand by homeowners for upscale outdoor living spaces, including outdoor kitchens, decks and patios, according to the latest Home Design Trends Survey by the American Institute of Architects.

  • Almost half of all homeowners surveyed said they will remodel their yards/landscaping within the next few years according to new JELD-WEN Perfect Home Survey.

Source: The American Institute of Architects Home Design Trends Survey, 2006, JELD-WEN Perfect Home Survey, 2006

National 2007
Mar. 4.4%
Feb. 4.5%


2006 2007
Q1 Q2 Q3 Q4 Jan.r Feb.p
r = revised; p = preliminary
Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
Nonrevolving credit includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers or vacations. These loans may be secured or unsecured.
Source: Federal Reserve
Total 2.1% 6.1% 5.4% 4.5% 3.3% 1.5
Revolving -0.4 9.5 7.4 8.8 1.7 3.4
Nonrevolving 3.6 4.1 4.2 2.0 4.2 0.4


Permits United States Northeast Midwest South West
February '07 numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors
Feb. '07 1,532 142 209 767 414
Change from Feb. '06 -28.6% -30.7% -41.6% -24.7% -26.7%
Starts
Feb. '07 1,525 135 161 827 402
Change from Feb. '06 -28.5% -27.4% -50.6% -20.3% -30.9%
New home sales
Feb. '07 848 41 124 450 233
Change from Feb. '06 -18.3% -36.9% -32.2% -17.1% -5.7%
Existing home sales
Feb. '07 6,690 1,210 1,580 2,580 1,320
Change from Feb. '06 -3.6% 3.4% -1.9% -4.4% -9.6%


Last year
3/29/2007 3/30/2006
Dow 12348.75 11150.70
NASDAQ 2142.39 2011.80


Source: Data Network, Huntington, N.Y.
Information and data herein, though believed accurate, is not guaranteed. Data Network is not liable for any inaccuracies.
Dow 10.74%
NASDAQ 6.49%


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