Housing Wire
NOVEMBER 4, 2021
To keep pace with current construction demand, and account for attrition, 740,000 new construction workers are needed each year for the next three years , a report by the Home Builders Institute contends. million new hires for construction. The construction worker shortage has reached crisis level.
Lamacchia Realty
MAY 23, 2023
WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.
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Housing Wire
JULY 20, 2022
Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans. .
Housing Wire
MAY 21, 2024
Lizell primarily purchases distressed bank-owned (REO) properties at auction, and trains other investors across the country to do the same through his REO Auction Academy. Most properties that sell at foreclosure and REO auctions are in need of major renovations, far from being in fully repaired condition. in Q1 2023.
Movoto
JANUARY 27, 2022
A gut renovation is a great way to get exactly what you want when you buy a home. Here are some curveballs to expect when you do a gut renovation. . With a realistic budget, preparation, and a lot of patience, a gut renovation will be worth it when you get your custom home designed specifically for you. Outdated plumbing.
Housing Wire
JULY 17, 2023
VR market research provides agents with a realistic and interactive platform to test property designs, explore potential renovations and assess the impact of various factors on buyer perception. VR training of agents Real estate firms are increasingly adopting VR to provide their agents with immersive and interactive learning experiences.
Housing Wire
SEPTEMBER 29, 2021
Bureau of Labor Statistics numbers show we’re suffering a shortage of more than 300,000 for skilled, trained workers in the building industry. That’s the case, even though construction work was designated essential from the pandemic’s outset. This multiyear project goes beyond renovation. Meanwhile, U.S. Lesson two: Housing.
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