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Top economist to assess housing

David Seiders, the oft quoted chief economist at the National Association of Home Builders, will be the keynote speaker at the March 26 Housing Outlook presentation at the 2008 Southern Nevada Housing Day.

Seiders will offer his perspective on current conditions in the housing market and the nation’s economy, and offer projections for the near future.

About 1,000 real estate, building and development professionals are expected to attend the daylong event at the Las Vegas Convention Center’s North Hall.

Southern Nevada Housing Day is presented annually by the Southern Nevada Home Builders Association and corporate partner Southwest Gas Corp. It is the largest gathering of the year of the local real estate and development industries.

“We are extremely pleased to bring NAHB economist David Seiders to Las Vegas as the featured speaker at the Housing Outlook presentation at Southern Nevada Housing Day,” said Irene Porter, SNHBA executive director. “Mr. Seiders is highly regarded and respected for his expertise on the economy, and he will be a tremendous asset to the Housing Day event.”

Seiders, who is also a senior staff vice president at the National Association of Home Builders, is responsible for NAHB’s forecasts of housing and economic trends, survey research and analysis of markets for building materials and construction labor, as well as government policies that affect the housing sector of the economy.

Seiders writes several regular columns on housing and the economy, and appears regularly in print and broadcast media. He is a member of a variety of economic forecasting panels, including the Blue Chip and Consensus Economics, as well as the exclusive Conference of Business Economists. He has testified before Congress and federal regulatory agencies on monetary and fiscal policy, banking and housing policy issues.

Prior to joining NAHB in 1984, Seiders was a senior economist at the Federal Reserve Board in Washington, D.C. In 1981-82, he was chief policy analyst for housing finance on President Reagan’s Commission on Housing.

Seiders earned a bachelor’s degree in economics from LaSalle College in Philadelphia, and has a doctorate degree in economics from Pennsylvania State University. He taught undergraduate economics and housing policy at the graduate level.

The Housing Outlook presentation will also feature Dennis Smith, president of Home Builders Research Inc., who will offer information and statistics about the local housing market in 2007, with projections for 2008 and beyond.

Smith established Home Builders Research in Las Vegas in 1987. The company has become the leading source of information about the local housing industry and market conditions. The company publishes three monthly housing reports, a monthly newsletter, an annual housing report, weekly sales/traffic report and many custom products for industry clients.

Smith, and the reports, are regularly quoted in the media. Smith speaks on housing and economic topics to industry trade groups, special-interest groups, investors, securities analysts and others seeking insight in the Las Vegas and regional housing market. He is a longtime member of the board of directors of the Southern Nevada Home Builders Association.

The third speaker at Housing Outlook will be Nicki Joy, who established Nicki Joy & Associates, a real estate sales training firm, in 1971. She conducts educational and motivational seminars across the country. Her clients include Wells Fargo, Walt Disney Exxon, and Centex Homes.

Joy is the author of several books, the most recent of which is “What Winners Do to Win!”

Housing Day begins at 6:30 a.m. with check-in and continental breakfast. The Housing Outlook presentation runs from 8 a.m. to noon, followed by lunch and the opening of the SNHBA Builders Show, which features exhibits by major building industry manufacturers, suppliers and distributors.

Product categories include appliances, cabinetry, woodwork, countertops, energy efficiency, home security, pool and yard, windows and doors, lighting, home décor and building materials. The trade exposition is open until 5 p.m.

Two educational sessions are scheduled in the afternoon: “Green Building: A Builder’s Point of View,” featuring speaker Matt Belcher, founder and president of Belcher Homes, a green building and land development company headquartered in Kirkwood, Mo.; and “Championship Selling in Challenging Times,” featuring Nicki Joy.

The cost is $95 per person; registration ends March 14.

The registration fee includes continental breakfast, the Housing Outlook presentation, a box lunch, admission to the Builders Show and the educational sessions. Admission to only the Builders Show is free, but registration is required.

The registration form is available online at snhba.com or by calling the SNHBA office at 794-0117.

Continuing education credits are not available.

Sponsors of the Housing Outlook are Countrywide Home Loans, Elite Foam Barrier LLC, Embarq, Las Vegas Review-Journal/Las Vegas Sun and the Las Vegas New Homes Guide, the Mardian Ranch at White Hills in Arizona, Masco Contractor Services, New Homes and Living, Wells Fargo and White Hills Real Estate.

Smith launched the annual Housing Outlook presentations in 1999. The SNHBA and Southwest Gas have sponsored the Builders Show since 1986. The two events merged in 2005 to create Southern Nevada Housing Day.

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