Home Builders Association of Iowa to Host Media Teleconference on the Urgent Need for Housing and Economic Stimulus

--(BUSINESS WIRE)--Home Builders Association of Iowa:

WHEN:

Thursday, Jan. 15, 2009
9:00 a.m. CST

WHO:

- Willie Delfs, Owner, Able Homebuilders, and President, Home Builders Association of Iowa, Sioux City, Iowa
- Don Beal, Owner, Beal Dev Corporation, Des Moines, Iowa
- Keith Butz, Owner, K-B Builders LLC, Des Moines, Iowa
- Sheila Hefel, Owner, Star Builders, Dubuque, Iowa
- Tari Dailey, Owner, Ogden & Adams Lumber, Cedar Rapids, Iowa
- Bernard Markstein, Senior Economist, National Association of Home Builders, Washington, D.C.

WHAT:

The nation is in the midst of its worst economic crisis since the Great Depression. Three million home building-related jobs alone have been lost as a result of the slowdown, and the deterioration has spread into nearly all other job sectors. Builder confidence measures are at an all time low and foreclosures continue climbing to record levels. The economic crisis has spread to nearly every small town and city across the country, and families are suffering.

On Jan. 15, the Home Builders Association of Iowa will host a teleconference to discuss the state of the local housing market and push for Congress to take bold and decisive action to spur a housing and economic recovery.

Willie Delfs, owner of Able Homebuilders and president of the HBA of Iowa will discuss the state of the housing industry and what elements Congress should include in an economic stimulus package. NAHB Senior Economist Bernie Markstein will analyze how the Iowa housing market reflects the overall trends in the national economy and housing market. Home builders Don Beal, Keith Butz and Sheila Hefel, and building materials supplier Tari Dailey will provide a view from the front lines of the local housing market.

Members of the media will be given the opportunity to ask questions at the conclusion of the call.

TO PARTICIPATE:

To participate in the call, please dial 1-800-860-2442 (toll-free) and ask for the “Iowa Housing Market” Call.

For more information, please contact Flora Schmidt at 515-278-0255 or info@hbaiowa.org.

ABOUT NAHB: The National Association of Home Builders is a Washington, D.C.-based trade association representing more than 200,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. Known as "the voice of the housing industry," NAHB is affiliated with more than 800 state and local home builders associations around the country. NAHB’s builder members will construct about 80 percent of the new housing units projected for 2009.