Latest Updates From FHBA

Posted by pcbasentry on March 9, 2009

Builders Continue Work on Appraisal Issue
Understanding that short sales and foreclosures are driving down the value of home appraisals, the Florida Home Builders Association (FHBA) and National Association of Home Builders (NAHB) continue to work with regulators in an attempt to resolve this problem. FHBA has taken its concerns to the Appraisal Standard Board, and NAHB has met with Federal Reserve officials in an effort to attack the issue head-on. Just last week, NAHB submitted its responses to the Appraisal Foundation’s request for comments in conjunction with the Foundation’s White Paper initiative. The Foundation has developed this document to identify key appraisal issues and to make recommendations for reform to the appraisal regulatory system. Click here to review NAHB’s response to the Appraisal Foundation.

Employee Free Choice Act Will Cost Jobs
Empirical data shows that organized labor’s effort to pass the Employee Free Choice Act (EFCA) comes with a terrible cost to jobs and the economy, according to a detailed study released last week by noted economist Dr. Anne Layne ? Farrar . According to the study, An Empirical Assessment of the Employee Free Choice Act: The Economic Implications , every 3 percentage points gained in union membership through card checks and mandatory arbitration will result in a 1 percentage point rise in the unemployment rate the following year. “The costs [of EFCA] should be carefully weighed against any purported benefits of passing the Act, all of which appears to benefit some groups at the expense of others,” said Dr. Layne ? Farrar. “There is no coherent theoretical argument that explains how the higher costs, greater legal uncertainty, and expanded government intervention entailed in EFCA would improve overall social welfare.” The report finds conclusively that the unionization of 1.5 million existing jobs under EFCA in year one would lead to the loss of 600,000 jobs by the following year. Job losses directly attributed to the passage of the Employee Free Choice Act would be equal to the entire population of Boston, MA . The consequences of EFCA passage would affect the entire economy and would overwhelm any anticipated wage and benefit increases among the subset of workers that gain union status. The empirical results presented in the paper therefore recommend against passing EFCA. The study complements a recent report authored by renowned legal scholar Richard A. Epstein titled the Case Against the Employee Free Choice Act . Professor Epstein’s report summarized the economic impact of EFCA by suggesting that, “The bottom line therefore is that the passage of EFCA will create huge dislocations in established ways of doing business that will in turn lead to large losses in productivity.” To view the full report by Dr. Layne ? Farrar visit http://ssrn.com/abstract=1353305.

FGBC to Host Green Communities Seminar
The Florida Green Building Coalition (FGBC) will present Designing and Developing Green Communication 2009 on March 17-19, 2009 at the Rosen Shingle Creek in Orlando. Themed “Surviving Now and Thriving Later with Green Infrastructure,” the program includes presentations on “Low Carbon, Low Water” communities, “Making Solar Communities Viable,” and “Sustainable Transportation.” Conference registration is $199 for FGBC members and $250 for non-members, covering all three days. For more information, contact FGBC at 850-894-3422 or cooksb@nettally.com. To download complete information and a registration form, go to www.FloridaGrenBuilding.org.

Public Relations: Is it Worth the Investment?
With the current economy, many business owners are re-evaluating their marketing budget and asking – Is public relations worth the investment? The short answer: Absolutely! Now more than ever, it is important for your company to be as visible as possible. The long answer: For years it has been evident that dollar-for-dollar, public relations expenditures generate greater long-term awareness than advertising and have a higher return on investment (ROI).  But how can you measure public relations and its effects on consumers? Read Maxine McBride’s Marketing Column on www.fhba.com to learn the value of your investment.

NewsNotes: Post Your Jobs & Resumes
The all-new FHBA Career Center gives employers and job-seeking professionals in Florida a better way to find one another and make that perfect fit. Visit www.fhba.com and click on the Career Center icon, or go directly to the site by logging onto http://jobboard.fhba.com today to post jobs or search job listings. Contact Edie Ousley for special job posting rates… The most prestigious building design competition in the Southeast is now accepting applications. The esteemed Aurora Awards offers builders, remodelers, designers, architects and planners in 12 Southeastern states and the Eastern Caribbean an opportunity to submit their work in more than 70 categories. Award entries should be submitted online. For a complete list of award categories or to submit an application, visit www.theauroras.com … Last week the House of Representatives Republican Conference unanimously chose Rep. Dean Cannon (R-Winter Park ) as Speaker-designate fore the 2010-2012…House Democrats selected Rep. Ron Saunders, (D-Key West) to be the next Speaker of the House should the Democrats take control of the chamber in 2010. Senate Democrats elected Sen. Nan Rich as the first woman to lead their caucus for 2010. She would become Senate President only if the Democrats were to pick up six additional seats… Want to know how your membership with FHBA counts? Read What Has FHBA Done For You Lately, posted on www.fhba.com.


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