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NAHREP launches National Hispanic Construction Alliance

Housing Wire

The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. of construction workers compared to 18.5% Hispanics represent 27.7%

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Housing construction picked up in September, but developers are getting anxious

Housing Wire

However, permits for future construction recorded a 4.4% “Slower construction activity in the Northeast could reflect cooler demand as well as challenges builders face in finding availability lots,” she said. Could multifamily construction stall? Department of Housing and Urban Development and U.S. They were 23.3%

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Single-family construction slows across the country in Q2

Housing Wire

It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. The latest HBGI data continue to show a changing geography for home construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. at the end of 2019 to 12% earlier in 2023.

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Zillow and Redfin partner on new construction listings

Housing Wire

Zillow Group ‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. “The partnership with Redfin extends this unique and valuable resource to a wider audience.

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Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Construction is constantly evolving but not in the matter of building the biggest tower anymore-- it's about utilizing our technological advances to make sure we are doing our jobs better, faster, and more efficiently. How do we navigate the digital channels that the construction industry is in? Where do even begin?

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UWM rolls out construction-to-permanent loans

Housing Wire

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. The loan will cover an 11-month maximum build period with a one-month modification.

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Construction worker shortage has reached “crisis” levels

Housing Wire

To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. million new hires for construction. The construction worker shortage has reached crisis level.