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DataDigest: Construction costs easing for homebuilders

Housing Wire

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

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Engineering Trends to Watch for in 2024

GoForrmz

Here we’ll dive into some of the most exciting engineering trends to watch for in 2024, exploring how these developments are reshaping industries and driving positive change on a global scale. Autonomous vehicles represent a groundbreaking convergence of engineering disciplines, technology, and transportation.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information.

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Key Land Development Deadline Approaches for Washington Counties

Will Springer Realtor

Washington established guidance called the Growth Management Act (GMA) that requires review and possible revision of land-development policies at least every 20 years. The GMA mandates that local policies also guide decisions on transportation, capital facilities and the natural environment. If not now, when?

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DataDigest: Water wars in the Southwest

Housing Wire

Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix area. The HBACA noted that development of industrial and commercial buildings can continue, but homebuilders are restricted unless they find alternate water sources.

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Michael Bright: Where residential mortgage-backed securities can take sustainable investing

Housing Wire

The Securities and Exchange Commission has begun the process of developing mandated disclosure regimes for funds that consider ESG factors in their marketing material. Is affordable housing construction that requires trees to be torn down a social good, or not? Rhetoric aside, here are some facts.

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“Human infrastructure” is about jobs and housing

Housing Wire

That’s the case, even though construction work was designated essential from the pandemic’s outset. Old Colony was one of the country’s first federal public housing developments. It’s revitalization that’s changing the neighborhood, the lives of its residents and the workers performing the construction. Lesson two: Housing.

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