Housing Wire

DECEMBER 3, 2021

The construction sector added a total of 31,000 jobs in November, on par with the two prior months. Specialty contractors showed the largest gains with an increase of 13,000 jobs, while persons employed in construction of buildings, and civil and heavy engineering rose by 10,000 and 8,000 jobs, respectively. While this is a 0.4%

Residential 468

Residential Construction Mortgages Banks 468

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

Construction 480

Construction Mortgages Lending New Construction 480

Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. But employment showed little change over the month in other major industries, including construction, retail trade, financial activities, government and other services. Job growth in the U.S. jobs report , released Friday. in June 2021. in May to $32.25

Construction 395

Construction Mortgages Residential Industrial 395

Housing Wire

JUNE 3, 2022

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

Residential 482

Residential Construction Mortgages Renovation 482

Housing Wire

FEBRUARY 22, 2022

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Tye Alroe, director of Alroe Constructions , was recently let down by a subcontractor who pulled out of a job at the last minute. “I I had a roofer locked in six weeks in advance.

Residential 435

Residential Construction Marketing Industrial 435

Housing Wire

MARCH 17, 2022

Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. So far, housing construction has done well during 2020-2022 considering the economic drama. Today, the U.S.

Construction 488

Construction Mortgages Sales Marketing 488

Housing Wire

OCTOBER 8, 2021

After losing 3,000 jobs in August , the construction sector added 22,000 jobs in September. However, construction employment is still 201,000 jobs below its February 2020 level. The average hourly earnings of production and non-supervisory employees in construction are up 5.8% below its pre-pandemic level.

Construction 468

Construction Residential Mortgages Industrial 468

Housing Wire

AUGUST 18, 2020

New home construction continues to climb, as privately owned single-family housing starts in July were at a seasonally adjusted annual rate of 1.496 million, a 22.6% An acceleration in new construction was therefore expected in order to rebalance this relationship in light of continued buyer demand.”. Census Bureau. from last July.

Construction 545

Construction Mortgages New Construction Sales 545

Housing Wire

MAY 22, 2023

Housing demand has shifted more toward the new home market, Fannie Mae ’s Economic and Strategic Research (ESR) Group noted in its May economic outlook. “As such, housing demand has shifted further toward the new home market, bolstering builder optimism and the ESR Group’s single-family starts forecast,” the group said.

Construction 418

Construction Mortgages Sales Principal 418

GeekEstate

MAY 29, 2023

Today’s showcase: Spackle] A mobile solution helping find electrical, plumbing, painting, and concrete subcontractors for small commercial construction projects, Spackle connects service providers with commercial occupiers to manage and fulfill maintenance and improvement requests.

Commercial 108

Commercial Construction Industrial 108

Housing Wire

NOVEMBER 5, 2021

For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October. Unfortunately for the residential housing sector, most of these jobs were in nonresidential specialty trade contractors (19,000), and in heavy and civil engineering construction (12,000). Residential building is up 5.4%

Residential 334

Residential Construction Mortgages Development 334

Housing Wire

DECEMBER 1, 2020

Since Q1, the market share for single-family construction in urban core areas fell from 18% to 17.2%, the report said. The report showed that single-family construction in second-home markets expanded at a 13.6% The report showed that single-family construction in second-home markets expanded at a 13.6% pace for other counties.

Construction 497

Construction Marketing As-is Development 497

Keeping Current Matters

JULY 5, 2021

Early indicators show new-home construction is beginning to ramp up. Here’s what industry experts are saying about new homes coming to market: Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), says recent research could indicate upward momentum when it comes to new home construction.

Construction 314

Construction Residential Mortgages Agents 314

Housing Wire

NOVEMBER 18, 2020

Duncan noted the pace of new home sales over the past six months has accelerated more quickly than the construction pace, suggesting homebuilders will have to play catch up relative to sales going forward. The post Increase in housing starts has construction playing catch-up appeared first on HousingWire. million, up 0.6%

Construction 434

Construction Mortgages Sales Land 434

Inman

APRIL 21, 2023

Zonda, a technology company that leverages extensive data resources to deliver enterprise software to commercial homebuilders, has released a front-end system for finding new-construction homes. The website is called Livabl.

New Construction 167

New Construction Construction Commercial Marketing 167

Eye on Housing

MAY 18, 2023

Nonetheless, over the last four quarters, townhouse construction starts totaled a strong 141,000 homes, which is only 3% lower than the prior. Read More ›

Construction 108

Construction Design 108

Keeping Current Matters

AUGUST 26, 2020

With so few homes for sale and construction of newly built homes ramping up , you may be wondering if you should consider new construction in your search process. New Construction . With new construction, you’ll also have warranty options that may cover portions of your investment for the first few years. Bottom Line.

New Construction 335

New Construction Construction Sales Design 335

Eye on Housing

APRIL 27, 2023

Despite a housing market slowdown but reflecting persistent long-term labor challenges, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries.

Construction 128

Construction Industrial Marketing 128

Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

New Construction 105

New Construction Construction Mortgages Pre-approval 105

Eye on Housing

MARCH 30, 2023

million) of workers employed in construction are self-employed. This is a whole percentage point higher than the share of self employed in construction in 2019, before the pandemic rattled the labor market. According to the 2021 American Community Survey (ACS), 23% (or close to 2.5

Construction 105

Construction Closing Industrial Marketing 105

Eye on Housing

MARCH 9, 2023

The NAHB recently published its latest Cost of Construction Survey. of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% Results show that 60.8% posted in 2019.

Construction 120

Construction Sales 120

Inman

JANUARY 13, 2023

Era Ventures led the funding round for New York-based Welcome Homes, an online home construction platform that elevates the design and buy process of new property construction.

Construction 167

Construction Design New Construction Technology 167

Eye on Housing

MAY 1, 2023

Private residential construction spending inched down 0.2% in March, as spending on single-family construction decreased 0.8%. Spending on private residential construction declined for the tenth month in a row amid elevated mortgage interest rates. Consequently, this spending is 10% lower compared to a year ago.

Residential 99

Residential Construction Mortgages As-is 99

Broke Agent Media

MARCH 24, 2023

BAM Key Details: Realtor.com analyzed Census Bureau’s 2022 new-home construction permit data for single-family homes to determine the top metros for new home construction per capita. Part of the issue is a decrease in new construction over the years. And since the 1990s, U.S.

Construction 98

Construction New Construction Land Marketing 98

RIS Media

MAY 17, 2023

Homebuilders are feeling confident about the outlook for new housing demand,” said Bright MLS Chief… The post New Construction Up Again, With a Boom Out West appeared first on RISMedia. With inventory back to being the No.

New Construction 111

New Construction Construction MLS Marketing 111

Eye on Housing

JUNE 1, 2023

Private residential construction spending inched up 0.5% Private residential construction spending increased for the first time since June 2022 amid elevated mortgage interest rates. The total construction monthly increase is largely attributed to more spending on multifamily construction, which rose. Read More ›

Residential 62

Residential Construction Mortgages As-is 62

Keeping Current Matters

DECEMBER 8, 2021

First, let’s look at the benefits of purchasing a newly constructed home. Buying a new construction vs. existing home typically means you’ll have fewer repairs to do. New Construction May Be an Option. The Pros of Newly Built Homes. With a brand-new home, you’ll be able to: 1. Create your perfect home.

New Construction 305

New Construction Construction Agents Branding 305

Eye on Housing

MAY 9, 2023

According to the latest May 2022 Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $54,540 and the top 25% make at least $77,030. In comparison, the U.S. Read More ›

Construction 98

Construction 98

Inman

MARCH 16, 2023

Apartment building construction soared 24 percent in February, lifting new housing starts overall despite a weak month for single-family builds, according to data released Thursday by the U.S. Census Bureau.

Construction 148

Construction Marketing 148

Eye on Housing

APRIL 18, 2023

Bureau of Labor Statistics, the share of employed veterans working in the construction industry increased to 6.5% According to the latest Employment Situation of Veterans report released by the U.S. in 2022–the second consecutive annual increase. The share has climbed 0.6

Construction 103

Construction Industrial 103

RIS Media

APRIL 12, 2023

The housing market and housing construction as of late has left many on the consumer and business sides a little dazed and confused. With inflation rising and issues in construction supply chains, it’s been hard to track and understand… The post A Look at Residential Construction Trends Over the Past Decade appeared first on RISMedia.

Residential 98

Residential Construction Marketing Agents 98

Eye on Housing

SEPTEMBER 12, 2022

The number of women employed in the construction industry increased to over 1.24 million in 2021, as the construction industry was quickly recovering jobs lost earlier during the pandemic induced recession. Currently, women make up 11% of the construction workforce, up from 9.3%

Construction 136

Construction Industrial 136

Broke Agent Media

FEBRUARY 9, 2023

BAM Key Details Data by the National Home Builders Association shows the top 10 markets for single-family home construction, the majority of which are in the southern U.S. But what about the top markets for new construction? Email Subscribe The post Top 10 Markets for New Home Construction first appeared on BAM. Let’s dive in.

Construction 98

Construction Marketing New Construction Land 98

Realty Biz

FEBRUARY 3, 2022

Construction is a competitive industry. With the number of qualified contractors constantly growing, marketing is one of the essential tools for any construction business to operate at its full potential. Below, we share valuable marketing advice to get more clients in construction. Optimize Google My Business.

Construction 116

Construction Marketing Branding Design 116

Eye on Housing

MAY 17, 2023

Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions. This is almost 7% lower than the first quarter of 2022.

Construction 88

Construction Investor Design As-is 88

Realty Biz

FEBRUARY 18, 2022

Construction is a competitive industry. With the number of qualified contractors constantly growing, marketing is one of the essential tools for any construction business to operate at its full potential. Below, we share valuable marketing advice to get more clients in construction. . Optimize Google My Business.

Construction 116

Construction Marketing Branding Design 116

Realty Biz

NOVEMBER 8, 2022

New construction homes are becoming increasingly popular. However, new construction homes also have some disadvantages, such as the potential for construction delays and the added cost of upgrades and customization. It’s important to do your research before picking the new construction home you want to be in. Warranties.

New Construction 105

New Construction Construction Land Closing 105