Construction Inventory Renovations Transportation 
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%
The Robert Weiler Company
APRIL 7, 2023
Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. reduction in operating costs in the first year and a 16.9%
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Houston Properties
JANUARY 13, 2021
On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”. How Is My Neighborhood Doing? Buyers Beware?
Will Springer Realtor
DECEMBER 13, 2022
That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%).
Will Springer Realtor
MAY 9, 2023
Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.
Will Springer Realtor
OCTOBER 8, 2021
Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Inventories improved fractionally. months of inventory across all homes in King County, up from 0.6 Who needs a car?!
Will Springer Realtor
MAY 12, 2021
Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. We are on the right track. million units. existing home sales.
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