Style Guide Title Slide

1
The National Housing Outlook David F.
Seiders Chief Economist 2008 Economic
Summit George Mason University September 11, 2008

2
THE NEW HOUSING BILL

• HOW MUCH GOOD?
• HOW MUCH HARM?

3
GOVERNMENT TAKEOVER of FANNIE FREDDIE

• SHORT-TERM BENEFITS?
• LONG-TERM COSTS?

4
THE NATIONAL ELECTIONS

• AFFORDABLE HOUSING PROGRAMS?
• HOUSING FINANCE SYSTEM?
• HOUSING TAX PREFERENCES?

5
NAHB/Wells Fargo HMIand SF Housing Permis
Thousands
HMI (R)
SF Permits (L)
6
Federal Funds Rate
(Percent)
7
Prime Conventional ConformingHome Mortgage Rates
Percent
Fixed-Rate Mortgages
Adjustable Rate Mortgages
8
New Single-Family Home Sales
(Thousands of Units, SAAR)
9
Existing Single-Family Home Sales
(Thousands of Units, SAAR)
10
New Home Inventory
Months Supply
Level
Level (R)
Months Supply (L)
11
Single-Family Housing Starts
(Thousands of Units, SAAR)
12
Residential Fixed Investment
(Billions 2000 , SAAR)
Total
Single-Family