Dr. Elliot F. Eisenberg

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  www.kmot.com/News_Stories.asp?news=22236 - [Cached Version]
  Published on: 9/11/2008    Last Visited: 9/12/2008  

  "Housing starts here have remained pretty much on course," says Dr. Elliot Eisenberg, of the National Association of Home Builders."They haven`t taken a nose dive like they have in other parts of the economy."
  
  He says that`s because the area didn`t have a huge boom like the rest of the nation, with adjustable rate and no money down mortgages ... and that means there`s no housing bust.
  
  "You`ve bypassed a lot of problems and you`ve been blessed with opportunities that other sectors of the economy just aren`t experiencing right now," says Eisenberg.
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  "If these homes weren`t built, local governments would have less net revenue at their disposal," says Eisenberg.
  
  How much net revenue?According to Dr. Eisenberg, a lot.
  
  "If you look at it over a 10 year period, it brings in $300 million, $400 million in income, $50 to $60 million in taxes," says Eisenberg."These are just remarkably large numbers."
  
  That`s because each dollar spent turns over a number of times.
  
  Eisenberg says over a ten-year period, the new single-and multi-family homes built create more than 2,300 temporary jobs and more than 550 permanent jobs.

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  www.metrostudy.com/corpwebsite/about/press.aspx?article - [Cached Version]
  Published on: 2/23/2008    Last Visited: 6/19/2008  

  Foreclosure competition was among the concerns voiced last week at the International Builders' Show in Orlando, said Elliot Eisenberg, a senior economist with the National Association of Home Builders.
  
  Builders are slowing their construction pace, Eisenberg said, but they shouldn't slow down too much.
  
  "You don't want to build too many homes, but you don't want to lose workers and not be ready to ramp back up when the market picks up," he said.
  
  Economists, such as Eisenberg, think the housing market will begin to improve during the third quarter, July to September, of this year.

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  www.normandeveloperscouncil.com/news.html - [Cached Version]
  Published on: 5/5/2007    Last Visited: 5/5/2007  

  According to Elliot Eisenberg, housing policy economist for the National Association of Home Builders (NAHB), in 2004 Norman builders and developers generated nearly $80 million in local income, $9 million in taxes and other revenue for local governments, and 1,597 local jobs.

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  www.theeagle.com/business/strictly-business2008-06-29T0 - [Cached Version]
  Published on: 6/29/2008    Last Visited: 6/29/2008  

  Elliot Eisenberg, a senior economist at the National Association of Home Builders in Washington, D.C., will deliver an economic outlook briefing in College Station on July 24.
  
  The event will be from 11:45 a.m. to 1 p.m. at the Hilton College Station Hotel and Conference Center.Tickets are $18.
  
  Eisenberg frequently speaks on the economic impact of home-building, the unintended consequences of government regulations on house prices, residential fire safety and how to reduce risk and boost profits using housing derivatives, according to information supplied by the Bryan-College Station Chamber of Commerce.
  
  He created the multi-family stock index and is the author of more than 45 homebuilding industry articles.He's appeared on television and radio, and his research has been featured in numerous publications, according to the chamber.

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  www.bigbuilderonline.com/industry-news.asp?sectionID=36 - [Cached Version]
  Published on: 7/23/2008    Last Visited: 8/11/2008  

  There is a "ripple effect" created by the home building industry as goods and services are purchased locally and those employed by the industry spend their income here, said Elliot Eisenberg, a senior economist for the National Association of Home Builders.
  
  The Home Builders Association of Greater Savannah hosted Eisenberg as he spoke Tuesday morning to approximately 30 home builders and community and government leaders on the impact of home building in the Savannah area.
  
  "Home construction itself is a major source of local employment," he said."Because people consistently come here, move here ... there's a perpetual need for homes.Because there's a perpetual need for homes, there's a perpetual need for a group of people in this community to build homes for these people."
  
  Eisenberg estimated there were 4,338 jobs in construction in 2007 in the Savannah area.
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  People sometimes think new homes are a burden on the local economy, because new homes need extra police and fire services, new schools and infrastructure, Eisenberg said.
  
  But new homes pay for themselves when they're occupied, he said.
  
  Those who move into the new homes spend a lot of money locally on goods and services, such as banking, supermarkets and day cares.
  
  They even generate more income for local governments each year than existing homes because they're generally larger and have a higher value.
  
  Eisenberg estimated the average new home has annual government expenses of $4,895 but generates close to $7,000 each year in revenue.
  
  "The public services they're receiving exceed the taxes that they're paying," he said.
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  The price of the new homes is higher than the price of existing homes," Eisenberg said.
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  "That's a short-run process that will get cleaned away within a year or two," Eisenberg said.

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  www.hbaspartanburg.com/cale.php?show=2008-6-17 - [Cached Version]
  Published on: 6/17/2008    Last Visited: 7/23/2008  

  Featured speaker: Dr. Elliot Eisenberg, Senior Economist, NAHB Registration and Continental Breakfast: 7:30 a.m. Presentation: 8:00 a.m.

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  www.sun-sentinel.com/business/sfl-flzbuilders1115nbnov1 - [Cached Version]
  Published on: 11/15/2007    Last Visited: 11/15/2007  

  Home builders also have moved away from buying land outright and instead buy less expensive options to do so, said Elliot Eisenberg, a senior economist with the National Association of Home Builders.

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  www.thebuilders.com/nnbc/press_releases.html - [Cached Version]
  Published on: 3/8/2007    Last Visited: 3/26/2007  

  Elliott Eisenberg, Ph.D., a noted economist with the National Association of Home Builders, will debut a joint report produced by the University of Nevada and NAHB on the impact of housing on northern Nevada's economy.

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  www.democratandchronicle.com/apps/pbcs.dll/article?AID= - [Cached Version]
  Published on: 11/29/2007    Last Visited: 11/29/2007  

  That's the message from Elliot Eisenberg, senior economist with the National Association of Home Builders in Washington, D.C.
  
  Eisenberg spoke to about 100 people at Locust Hill Country Club in Pittsford today highlighting the total economic impact of home building in the Rochester region.
  
  While new homes require infrastructure costs such as fire and police protection and schools, they produce more jobs in construction, retail and wholesale trade, Eisenberg said.
  
  Using a 1,342-square-foot new build unit in the Rochester region as an example, Eisenberg said that by the second year of occupancy, the economic impact of a new home offsets the costs it generates.

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  www.mddailyrecord.com/article.cfm?category=4&page=1&id= - [Cached Version]
  Published on: 11/15/2007    Last Visited: 11/26/2007  

  Homebuilders also have moved away from buying land outright and instead buy less-expensive options to do so, said Elliot Eisenberg, a senior economist with the National Association of Home Builders.

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