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Kevin Site Admin Joined: 13 Apr 2004 Posts: 1346 Location: Eugene, Oregon	Posted: Mon Jan 05, 2009 5:44 pm    Post subject: ArchWeek Residential 2009.0105 Dear Designers, Builders, and Dwellers, ArchWeek Residential brings you housing news and analysis weekly from the editors of ArchitectureWeek. Best wishes for this new year! And here's also to looking around without rose-colored glasses, and finding our glasses half full anyway - or better! "The Federal Reserve Bank of New York said Monday that it had begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. "The program, initially announced Nov. 25, allows the Fed to spend $500 billion to buy mortgage-backed securities guaranteed by mortgage giants Fannie Mae and Freddie Mac and another $100 billion to directly purchase mortgages held by Fannie, Freddie and the Federal Home Loan Banks. The program is aimed at driving down the price of mortgages and making home loans more available. "The New York Fed is overseeing the program for the Federal Reserve. The New York Fed is working with four investment managers -- BlackRock, Goldman Sachs Asset Management, PIMCO and Wellington Management Company -- to purchase the securities. "Up to $500 billion in securities will be purchased by the end of the second quarter." Fed to Begin Buying Mortgage-Backed Securities - AP at NY Times, 2009.0105 http://www.nytimes.com/2009/01/06/business/economy/06feds.html Residential Design and Building News ------------------------------------ U.S. Construction Spending Falls Less Than Forecast - Bloomberg, 2009.0105 http://www.bloomberg.com/apps/news?pid=20601068&sid=aJ6rW0_NwC_A&refer=home Housing Push for Hispanics Spawns Wave of Foreclosures - Wall Street Journal, 2009.0105 http://online.wsj.com/article/SB123111072368352309.html?mod=googlenews_wsj Sales of Low-Energy Homes Stall - Boston Globe, 2009.0104 http://www.boston.com/realestate/articles/2009/01/04/sales_of_low_energy_homes_stall/ That '70s Kitchen, Refined - Boston Globe, 2009.0104 http://www.boston.com/bostonglobe/magazine/articles/2009/01/04/that_70s_kitchen_refined/ Historic Platinum - My San Antonio, 2009.0101 http://www.mysanantonio.com/business/37024799.html In Harmony with Earth, Wind and Fire - New York Times, 2009.0101 http://www.nytimes.com/2009/01/01/garden/01garden.html?ref=garden London's Victorian Housing Can Give Us a Design for Our Times - This is London, 2008.1230 http://www.thisislondon.co.uk/standard/article-23609395-details/Londona[euro](TM)s+Victorian+housing+can+give+us+a+design+for+our+times/article.do French Housing Weakens Further - Daily FX, 2008.1230 http://www.dailyfx.com/story/market_alerts/fundamental_alert/French_Housing_Weakens_Further_1230627497441.html 'Piggyback' Mortgages May Cut Modifications, Fed Says - Bloomberg, 2008.1230 http://www.bloomberg.com/apps/news?pid=20601087&sid=aeRcFRYKCebI&refer=home Buyers Market? Home Prices Drop 18% in October. - Axcess News, 2008.1230 http://www.axcessnews.com/index.php/articles/show/id/17286 Subprime Lenders Struggle with Arrears - The Age, 2008.1230 http://business.theage.com.au/business/subprime-lenders-struggle-with-arrears-20081229-76v1.html A New Home for IndyMac - Forbes, 2008.1229 http://www.forbes.com/markets/2008/12/29/indymac-bancorp-sale-markets-equity-cx_mp_1229markets19.html Fed Study Finds 169 Mortgage Finance Companies Failed Last Year - Bloomberg, 2008.1229 http://www.bloomberg.com/apps/news?pid=20601087&sid=aSn_n_QDGOY0&refer=home 10 Days That Shook 2008 - AsiaOne, 2008.1229 http://business.asiaone.com/Business/News/My%2BMoney/Story/A1Story20081227-110683.html Global Turmoil - The Star (Malaysia), 2008.1229 http://thestar.com.my/lifestyle/story.asp?file=/2008/12/29/lifefocus/2827803&sec=lifefocus Modular Home Industry Hit by Recession - Chicago Tribune, 2008.1229 http://www.chicagotribune.com/news/chi-ap-wi-modularhomes,0,6470987.story It's Shelter but Not a Home - Christian Science Monitor, 2008.1229 http://www.csmonitor.com/2008/1229/p17s01-lign.html The Outlook for Canada's Housing Starts Weakens - Reed Construction Data, 2008.1229 http://www.reedconstructiondata.com/news/2008/12/the-outlook-for-canadas-housing-starts-weakens/ U.S. Auto Industry Seen as Most Distressed in 2009 - Reuters, 2008.1229 http://uk.reuters.com/article/marketsNewsUS/idUKN2931651520081229 Site Lets Consumers Shop for Better Rate on Home, Auto Insurance - Dallas Morning News, 2008.1229 http://www.dallasnews.com/sharedcontent/dws/bus/stories/122908dntexinsurance.3d4af0f.html Skaters Jump in as Foreclosures Drain the Pool - New York Times, 2008.1229 http://www.nytimes.com/2008/12/29/us/29pools.html?bl&ex=1230699600&en=711c10f3322bb17f&ei=5087%0A Housing Market in 2009 Could Be Mixed Bag - Seattle Times, 2008.1227 http://seattletimes.nwsource.com/html/realestate/2008562603_homeforecast28.html Home-Mortgage Rate Hits Fresh Low, 5.14% - Wall Street Journal, 2008.1226 http://online.wsj.com/article/SB123025073099834337.html?mod=googlenews_wsj Island Retreats for Everyone - New York Times, 2008.1226 http://www.nytimes.com/2008/12/26/greathomesanddestinations/26iht-island.html?scp=5&sq=house+home+residential+building&st=nyt Architects Create American-Style Suburbs Overseas - Associated Press, 2008.1226 http://www.google.com/hostednews/ap/article/ALeqM5hN7tsOlBL7Zj5D-TU5Pq-zYThLvQD95AGU080 Homebuilders Will Start '09 with "Guns Blazing" - Under the Influence (blog), 2008.1223 http://undertheinfluence.nationaljournal.com/2008/12/homebuilders-assn-starts-2009.php Japan Cuts Key Interest Rate to 0.1% - Independent Digital, 2008.1219 http://www.independent.co.uk/news/business/news/japan-cuts-key-interest-rate-to-01-1204132.html People and Places, by Nancy Novitski http://www.ArchitectureWeek.com/2008/1217/news_1-1.html JCJ Architecture in Boston, Massachusetts - Ann Beha Architects, with JMZ Architects and Planners in Glens Falls, New York - Foster + Partners in Astana, Kazakhstan - SHW Group in Flint, Michigan - Diamond and Schmitt Architects in Toronto, Canada - Raw Design in Kitchener, Canada... -- * -- Help build ArchitectureWeek and Great Buildings with your support: It's fast, easy, private, and secure: https://archweek.securesites.com/cgi-bin/support_archweek.cgi * 60% Student Discount * https://archweek.securesites.com/cgi-bin/subscribe_aw_student.cgi * Gift Subscriptions * https://archweek.securesites.com/cgi-bin/support_archweek_gift.cgi -- * -- Press Release - Revolutionary System Unlocks a New World of Stonework for Architects http://www.archweek.com/ad.cgi?081217_press_release.html Product News - Tiny Houses and Plans from Tumbleweed http://www.archweek.com/2008/1217/products_update.html ==================================================================== Tools and Downloads -------------------------------------------------------------------- Sponsor this ArchWeek special section and build your brand: http://www.archweek.com/ad.cgi?081217_notes_tools_sponsor VectorWorks Architect 2008 - Flexible to Fit Your Workflow VectorWorks' approach to BIM lets you improve your design process. Work faster using cutting-edge capabilities that link between architectural drawings, so a change to one updates the others. Query models for information at any time and move BIM projects through the project lifecycle with a growing selection of validation, analysis, and construction programs. Request a free trial: http://www.archweek.com/ad.cgi?081217v_downloads.html QuickARC 3D QuickARC 3D is a free 3D CAD model-viewing software that reads 3D files in the .STL format or the Google Sketchup format (.SKP). Convert Sketchup models to 3D, find thin walls, do automatic architectural scaling, view multiple models, check for quality, and then get an instant online quote for 3D printing. http://www.archweek.com/ad.cgi?081217q_downloads.html Apple's Jobs Being Treated for 'Hormone Imbalance'; Will Remain at Helm - ZDNet, 2009.0105 http://blogs.zdnet.com/BTL/?p=11358&tag=nl.e539 Is the iPod Touch Driving App Store Sales, or Is It the Other Way Around? - Industry Standard, 2008.1229 http://www.thestandard.com/news/2008/12/29/ipod-touch-driving-app-store-sales-or-it-reverse Siemens Ships Femap V10 - TenLinks, 2008.1218 http://www.tenlinks.com/news/PR/siemens_plm/121808_femap10.htm U.K., U.S. Interest in Sustainable Architecture Growing - Cadalyst, 2008.1217 http://aec.cadalyst.com/aec/Web+Exclusive/UK-US-Interest-in-Sustainable-Architecture-Growing/ArticleStandard/Article/detail/572115?contextCategoryId=6789 Oce Outlines Key Considerations for Printing Complex Design and Construction Documents - Market Watch, 2008.1204 http://www.marketwatch.com/news/story/Oce-Outlines-Key-Considerations-Printing/story.aspx?guid={E2D5AB78-FBEA-4E79-96B4-428536422400} -------------------------------------------------------------------- ArchitectureWeek Jobs Board - help wanted and more http://jobs.ArchitectureWeek.com/ ArchitectureWeek Book Center - 87 architecture-related categories! http://www.ArchitectureWeek.com/books/browse.php ArchitectureWeek Blog Center - live listing of independent postings http://www.ArchitectureWeek.com/blogs/ -- * -- "You're doing a great job. Thank you." - VI, Carmel, California Subscribe today - Save trees now! ** https://archweek.securesites.com/subscribe.html -- * -- ArchitectureWeek Book Center - 87 architecture-related categories! Residential Design and Building Books http://www.archweek.com/books/browse.php?category=24 Multifamily Housing Design and Construction Books http://www.archweek.com/books/browse.php?category=25 ArchitectureWeek Jobs Board - save $ using this free industry resource! http://jobs.ArchitectureWeek.com/ ArchitectureWeek Blog Center - industry-wide postings listed live, 24x7... http://www.ArchitectureWeek.com/blogs/ This Week's Quiz - Could you use a bluestone as bondstone in a brownstone wall? http://www.ArchitectureWeek.com/2008/1217/quiz.html Architecture Answer - for last issue's quiz... In a wood window assembly, the sill, stool, and apron are all at the bottom. What is the difference between these components? http://www.ArchitectureWeek.com/2008/1217/answer.html Classic Home 043 - Villa Stein, or Villa Garches, by Le Corbusier http://www.ArchitectureWeek.com/2008/1217/classic_home.html Current Events and Exhibits http://calendar.ArchitectureWeek.com/events/ New Design Competitions http://calendar.ArchitectureWeek.com/competitions/ Upcoming Conferences and Expos http://calendar.ArchitectureWeek.com/conferences/ Residential Design and Building Forum http://arch.designcommunity.com/forum-7.html Modern Living Forum http://www.designcommunity.com/forums/forum-14.html Architecture Discussion Forum http://www.designcommunity.com/forums/forum-6.html Architecture Students Forum http://www.designcommunity.com/forums/forum-13.html ArchWeek Classified Ads - Buy/Sell & Services http://www.designcommunity.com/forums/adverts.php Contents, RSS, and Surface of the Week - Brick arches, blind and real (GL-06) http://www.ArchitectureWeek.com/2008/1217/contents.html Five years ago in ArchitectureWeek: Postcard from Turkestan, by Matt Bridgestock http://www.ArchitectureWeek.com/2004/0107/culture_1-1.html For any subscription-related questions, just drop us a line at "subscriptions@architectureweek.com". Joining this weekly email list is always free. And please write to us directly anytime, at "editor@architectureweek.com". Best wishes, Kevin Matthews Editor in Chief ArchitectureWeek Reach over 10,000 in this residential design and building newsletter: http://www.ArchitectureWeek.com/media_kit.html Update your entry in the Archiplanet wiki with over 20,000 firms: http://www.archiplanet.org/wiki/Help:Getting_Started Suggest a web site to be linked from our free Web Directory: http://www.ArchitectureWeek.com/links/ Subscribe and contribute to help support ArchitectureWeek on the Web: https://archweek.securesites.com/cgi-bin/support_archweek.cgi Speak to 100,000 in the ArcheWeek Notes weekly newsletter: http://www.ArchitectureWeek.com/media_kit.html Free Newsletters by ArchitectureWeek - subscribe today! ArchWeek Notes - the latest of ArchitectureWeek, every week http://www.ArchitectureWeek.com/subscribe.html ArchWeek Green - sustainable design and building news http://www.ArchitectureWeek.com/subscribe.html ArchWeek Residential - housing news and analysis http://www.ArchitectureWeek.com/subscribe.html To UNSUBSCRIBE, and also for self-service change of email address: http://www.architectureweek.com/mailman/listinfo/tuesday ** ArchitectureWeek is a green publication. By publishing this professional design and building magazine online only, we save about 48 tons of paper monthly, equivalent to about 50 large trees every week, or some 2500 trees saved per year, compared to reaching a similar readership on paper - not counting 120,000 weekly newsletters! Our offices are powered by 100% wind energy through our local electric utilities. 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