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Crowe to Replace Seiders at NAHB's Chief Economist (posted 11/10/08)

November 10, 2008
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Seiders recently announced his retirement after serving as NAHB’s chief economist for more than 20 years.

David Crowe, who has been the senior staff vice president for regulatory and housing policy at the National Association of Home Builders (NAHB) since 2002, has been named the association’s chief economist, effective November 17. He replaces David Seiders, who recently announced his retirement after serving as NAHB’s chief economist for more than 20 years.

“Dave Crowe is uniquely qualified to fill this demanding position,” said Jerry Howard, NAHB’s president and chief executive officer. “Not only is he a highly regarded economist, he has extensive experience in housing finance and housing policy. Given today’s turbulent economy and rapidly evolving housing finance environment, this combination of skills will be invaluable to NAHB as efforts to stabilize the housing and financial markets move forward.”

Crowe, who has held several senior level positions in economics, housing policy and housing finance since he joined NAHB in 1989, holds a Ph.D. in economics from the University of Kentucky. Prior to joining NAHB, he was the deputy director for the Division of Housing and Demographic Analysis in HUD’s Office of Economic Affairs.

Howard praised Dave Seiders for his more than two decades of service to the industry, and his willingness to continue to work for NAHB in a consulting role. “Since becoming NAHB’s chief economist in 1986, Dave Seiders has established himself as one of the nation’s foremost housing economists and helped to solidify NAHB’s position as ‘the voice of the housing industry.’”

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

“As an NAHB officer, I am constantly called upon by our members, the public and the media to discuss the condition of the housing market and the outlook for housing,” said Sandy Dunn, NAHB chairman and a builder from Point Pleasant, W. Va. “Thanks to Dave Seiders and his economic team, I can be confident that the information I have is accurate and on target. Not only is Dave knowledgeable, he’s always willing to take the time to explain the nuances of complex and sometimes confusing subjects and situations.

“I have also worked on numerous projects with David Crowe, and he brings a similar level of expertise to the position of chief economist. I look forward to working with him and the economics team as the housing market recovers.”

Visit www.nahb.org for more information.

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