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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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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. It’s important to note that as of 2020, 41% of Arizona’s water supply came from groundwater, 36% from the Colorado River, 18% from in-state rivers, and 5% was reclaimed water.

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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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How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

Tip 4: Tap into Transportation. If you think you’ve found a great area that passes all of the aforementioned criteria, now it’s time to look into transportation. Hundreds of international companies call Columbus their home, including Battelle Memorial Institute, the world’s largest private research and development foundation.

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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. trillion in 2018, then surpassed $35 trillion in 2020. savings over five years.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.