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Homebuilding permits slump as sales decline (The San Luis Obispo Tribune)
Home sales aren’t the only thing that slowed this year. Fewer residential building permits — nearly 1,000 — were issued throughout the county in 2007 than in any year since 1995, according to the Home Builders Association of the Central Coast. That figure represents a 32 percent drop in permits from the same period last year when there were 1,461 permits issued. Moreover, permits are down ...

Poll: Pocketbook Issues Push Past Iraq (Washington Post)
WASHINGTON -- Kitchen table worries pushed ahead of the war in Iraq over the past month, a shift toward pocketbook issues that has gained currency as the election year dawns.

NAHB Nationals To Be Presented in Florida (Multi-Housing News)
Orlando--The Nationals award program, sponsored by The National Association of Home Builders' National Sales and Marketing Council, has announced its 2007 winners, who will be honored at the 27th annual Nationals Gala on February 13 in Orlando.

Manhattan an island of strength in housing slide (Financial Times)
As the rest of the US panicked over the worst housing downturn for decades, most Manhattan homeowners could afford to remain oblivious.

Kidnapped boy home; grandparents arrested (Detroit Free Press)
A Wyandotte couple accused of kidnapping their grandson was taken into police custody Wednesday night. Today, the boy is with his father.

Affordable-housing agency sues Florence Zoning board (phillyburbs.com)
MOUNT HOLLY — An affordable housing agency has filed a lawsuit against the Florence Township Zoning Board, alleging the board illegally denied its request to build a house on land already occupied by a building used to house the homeless.

Shares hurt by tax selling may rebound in 2008 (Reuters via Yahoo! News)
Home builders and financial issues, the biggest casualties of the subprime lending meltdown, were hit again by tax-motivated selling in recent weeks but could rebound a bit early in the new year, money managers said on Monday.