Housing Wire

JULY 8, 2022

The construction sector, meanwhile, had only a slight gain, according to the U.S. recorded in February 2020. 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. in June 2021.

Construction 384

Construction Housing Market Retail Real Estate 384

Appraisal Buzz

SEPTEMBER 21, 2021

Residential construction numbers were a surprise again in August. Permits for construction and housing starts were both higher than expected, however, multifamily numbers were driving the results. percent higher than the 1.522 million number in August 2020. percent higher than the 1.522 million number in August 2020.

Construction 370

Construction Appraisal 370

Housing Wire

DECEMBER 1, 2020

Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. The post 2020 HW Tech Trendsetter: Sean Faries appeared first on HousingWire.

Renovations 317

Renovations Construction Inspection Technology 317

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%

Construction 315

Construction Development Business Housing Market 315

Simonson Real Estate

AUGUST 24, 2020

On March 11, 2020, the World Health Organization announced COVID-19 as a global pandemic (this day also happens to be my birthday so good or bad, it’s an easy date for me to remember). On August 14, 2020, the Minnesota Real Estate Journal held the 13th Annual Capital Markets Summit at the Radisson Blue Mall of America Hotel.

Lending 148

Lending Construction Tenants Real Estate 148

Eyes on Housing

APRIL 18, 2023

Bureau of Labor Statistics, the share of employed veterans working in the construction industry increased to 6.5% percentage point since 2020 and is just one-tenth lower than the most recent peak reached in 2019. According to the latest Employment Situation of Veterans report released by the U.S. The share has climbed 0.6

Construction 174

Construction Business 174

Eyes on Housing

MAY 24, 2022

The missing middle construction sector includes development of medium-density housing, including townhouses, duplexes and other small multifamily properties. While townhouse construction has trended higher in recent quarters, the multifamily segment of the missing middle (apartments in 2 to 4 unit properties) has disappointed.

Construction 187

Construction Development 187

Eyes on Housing

AUGUST 30, 2021

A majority of new homes that completed construction in 2020 included two-car garages (67%), according to NAHB analysis of 2020 Census Bureau Survey of Construction data.

Construction 174

Construction 174

Eyes on Housing

AUGUST 16, 2021

Data from the 2020 Census Bureau’s Survey of Construction (SOC) show that total multifamily units completed in 2020 increased by six percent to 375,000, the largest annual count of multifamily units completed in thirty years.

Construction 167

Construction 167

Eyes on Housing

JUNE 14, 2022

The prices of goods used in residential construction climbed 1.8% since January 2020. goods inputs to residential construction, less energy) prices have increased 5.4%, year-to-date, and are 36.3% in May (not seasonally adjusted) and have increased 19.4%, year-over-year, according to the latest Producer Price Index (PPI) report.

Construction 202

Construction Transportation 202

Eyes on Housing

SEPTEMBER 13, 2021

The number of women employed in the construction industry grew slightly in 2020, rising to around 1.17 million, while the construction industry lost 587,000 jobs in 2020 when the pandemic hit the economy. Currently, women make up a growing share of the construction employment, up to 10.9% in 2020 from 10.3%

Construction 183

Construction 183

Eyes on Housing

JUNE 14, 2021

The average length of time to complete construction of a multifamily building, after obtaining authorization, is 17.4 months, according to the 2020 Survey of Construction (SOC) from the Census Bureau. The authorization-to-completion time in 2020 was relatively unchanged from 2019, slowing down the upward trend since 2013.

Construction 183

Construction 183

Eyes on Housing

APRIL 20, 2022

Preference for newly constructed homes skyrocketed in 2020, as buyers looked for homes with more square footage and amenities in which to work remotely, school children, exercise, etc. By the fourth quarter of 2020, 42% of prospective buyers preferred new construction.

Construction 179

Construction Buyers 179

Housing Wire

SEPTEMBER 14, 2020

Hidden somewhere in rural Kansas and nestled 15 stories below the ground, the listing consists of condos constructed in a repurposed Atlas missile silo. The post This missile silo-turned luxury bunker might be just what 2020 needs appeared first on HousingWire. This was just such a unique property.

Real Estate 441

Real Estate Agents Construction Finance 441

Appraisal Buzz

SEPTEMBER 2, 2021

Census Bureau says July’s expenditures on all types of construction was at a seasonally adjusted rate of $1.569 trillion compared to $1.563 trillion in June. percent higher than expenditures in July 2020. This is an increase of 0.3 percent and 9.0 For the year-to-date (YTD), spending has totaled $883.208 billion, a 6.2

Construction 195

Construction Appraisal 195

GoForrmz

APRIL 23, 2021

General Manager, Construction, Mike Wood, discusses his new role at GoFormz and construction’s digital-centric future. From the job site to the halls of Procore HQ, Mike Wood has spent the last decade working within the construction industry. The construction industry has traditionally been resistant to digital adoption.

Construction 133

Construction Technology Clients Tools 133

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use a new construction sale as a comp for an older home. The market dynamics have changed namely interest rates.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Housing Wire

APRIL 2, 2021

Sectors that were hit hardest by the pandemic led job growth last month, with jumps in leisure, hospitality, public and private education and construction – good signs for the housing industry. For housing, March gained 110,000 jobs in construction – a positive sign in an industry struggling with supply constraints.

Inventory 504

Inventory Construction Housing Market Business 504

Birmingham Appraisal

MARCH 26, 2024

A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. The market dynamics have changed namely interest rates.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Housing Wire

JUNE 1, 2023

The California State Senate passed a bill this week that would permit the construction of affordable housing units on land owned by faith-based institutions and nonprofit colleges, even if local zoning ordinances and laws would normally prevent construction. The bill, introduced last December by Sen. Wiener told the Davis Vanguard.

Construction 384

Construction Law Design Tools 384

Housing Wire

JANUARY 5, 2024

While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7 million jobs were added to the U.S.

Transportation 441

Transportation Construction Government Investors 441

Housing Wire

APRIL 1, 2022

A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs. The unemployment rate is now just marginally higher than its February 2020 level of 3.5%. In the construction industry, unemployment fell 6.0%

Housing Market 410

Housing Market Construction Marketing Real Estate 410

Housing Wire

MARCH 27, 2024

Construction slows down One thing that stands out in Jacksonville’s listings rankings is the recurring presence of homebuilders. DR Horton and Dream Finders both ranked in the top 10 in 2019, and Lennar made a top 10 appearance in 2020.

Brokerage 450

Brokerage Realty Real Estate Inventory 450

DW Slater Company

JANUARY 28, 2021

Now that 2020 is in our rearview mirror, we can take a look back and review it. New construction cannot keep up with the demand and millennials are now ready to purchase homes. DECEMBER 2020. DECEMBER 2020. DECEMBER 2020. DECEMBER 2020. Median Sales Price. Denton County $329,900 | +4.7%. Collin County.

Construction 78

Construction Marketing Real Estate Housing Market 78

Housing Wire

NOVEMBER 28, 2023

Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020. “We The team specializes in buyer and seller representation as well as new construction. The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday.

Real Estate Agent 410

Real Estate Agent Real Estate Realty Technology 410

Housing Wire

JULY 7, 2023

Manufacturing activity remains quite weak, while consumer spending has held up somewhat better, and new home construction and sales have picked up. Employment in the construction industry has increased by an average of 15,000 per month thus far this year, compared with an average of 22,000 per month in 2022.

Construction 370

Construction Renovations Government Inventory 370

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. unemployment rate recorded in February 2020, just prior to the Covid-19 pandemic. After mixed results in January , the U.S. in January.

Construction 370

Construction Renovations Real Estate Marketing 370

Housing Wire

MARCH 10, 2023

The construction sector added 24,000 jobs in February thanks to a large uptick in the specialty trade contractors segment of construction, which gained 13,400 jobs, and residential specialty trade contractors accounted for 11,200 of those jobs. Construction job openings collapsed in January to the lowest level since October 2020.”

Construction 370

Construction Real Estate Housing Market Retail 370

Eyes on Housing

JULY 14, 2021

Framing lumber prices garnered more attention than any other building material over the past year as prices quadrupled between April 2020 and May 2021.

Construction 199

Construction 199

Housing Wire

MAY 6, 2022

In addition, employment in the construction industry is now 21,000 jobs above its pre-pandemic level after the sector added 2,000 jobs. recorded in February 2020. The construction industry faces a shortage of skilled workers, and one way to attract and retain employees is to pay more,” Kushi said in a statement.

Construction 370

Construction Transportation Real Estate Mortgage 370

Eyes on Housing

JULY 15, 2021

NAHB analysis of the 2020 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 34.4% of the market, while conventional financing dominated the market at 65.6%. In 2019, share of non-conventional financing was 35.0% of the market share.

Finance 88

Finance Construction Marketing 88

Housing Wire

JANUARY 26, 2024

It was the largest monthly jump in pending home sales since 2020. The trade group also predicts that rent growth will ease due to sizable growth in apartment construction over the past three years. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. in November.

Contracts 458

Contracts Housing Market Construction Inventory 458

Housing Wire

AUGUST 5, 2022

Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic level. Construction gained 32,000 jobs in July, with residential building gaining 2,900 jobs and residential specialty trade contractors gaining 11,200 jobs. Amid fears and talk of a recession , job growth in the U.S.

Real Estate 421

Real Estate Construction Brokerage Insurance 421

Appraisal Buzz

AUGUST 17, 2021

Fears about construction costs, supply shortages, and concern over fast rising home prices acted to deflate builder confidence this month. “While the demographics and interest for home buying remain solid, The post Builder Confidence Down Big; Record Rents; Mixed Messages on New Homes appeared first on Appraisal Buzz.

Construction 370

Construction Housing Market Appraisal Marketing 370

Housing Wire

JUNE 7, 2021

million until 2020-2024. We ended 2020 with just 1,380,000 starts. Even in the years 2020 to 2024, however, which are very favorable for housing, I don’t see a credit sales boom or construction boom brewing in the current data — nor do I expect to see either of these shortly.

Housing Market 545

Housing Market Marketing Inventory Construction 545

Housing Wire

FEBRUARY 15, 2024

While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 were 65 and older as of 2020, up from 13% in 2010,” the report reads. Some young families are turning to new construction, and others are renting homes.”

Property Taxes 466

Property Taxes Insurance Construction Inventory 466

Eyes on Housing

FEBRUARY 3, 2023

Construction industry employment (both residential and non-residential) totaled 7.9 million and exceeds its February 2020 level. Residential construction gained. as more people entered the labor market. Read More ›

Construction 193

Construction Marketing 193