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4 Commercial Construction Industry Trends and Predictions for 2019

HardHatChat

It has been another successful year for Englewood Construction, and with the calendar flipping over to December we’re excited to see what 2019 will bring. The competitive hiring market for senior housing staff points to a pipeline of work refreshing and updating employee work stations and break areas at existing senior communities.

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Owner-Occupied Housing Stock Is Aging

Pro Builder

Owner-Occupied Housing Stock Is Aging. A slowdown in new housing construction means that the majority of U.S. The median age of owner-occupied homes rose from 31 years in 2005 to 39 years in 2019, revealing the slow pace of new home construction following the Great Recession. Housing Markets. Fri, 06/10/2022 - 10:44.

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Report Finds Existing US Housing Stock Still Needs More Investment

Pro Builder

Report Finds Existing US Housing Stock Still Needs More Investment ibush Fri, 03/24/2023 - 07:50 Despite the pandemic boom in remodeling, a new report from Harvard's Joint Center for Housing Studies finds many U.S. remodeling market to the tune of $567 billion in 2022.

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Housing Stock Just Keeps Getting Older—What it Means for New Homes

Pro Builder

Housing Stock Just Keeps Getting Older—What it Means for New Homes. The slow increase in the median age of housing stock in the U.S. points toward an increase in remodeling. The rate of new-home construction fell while rising home prices push homeowners to engage in renovation and remodeling rather than purchasing a new home.

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Which States Have the Oldest Housing Stock?

Pro Builder

Which States Have the Oldest Housing Stock? The median age of houses can be an important remodeling indicator. Several states have much older stock while newer housing is mostly concentrated in the Sun Belt. . The geographic distribution of the age of the owner-occupied housing stock reflects population changes.

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What Will Come for Housing in 2021, According to the Experts

Pro Builder

What Will Come for Housing in 2021, According to the Experts. Housing economists, association heads, and investors all weighed in on what the housing market will look like in 2021 and many are expecting the housing craze to continue. cbroderick. Thu, 12/17/2020 - 10:47. Read More. . Market Data + Trends.

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Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

So before we officially ring in 2019, here is our rundown of Englewood Construction’s commercial construction trends “highs” and “lows” from 2018: High: A Sizable Senior Living Pipeline. Moving into 2019, we will continue to work with our subcontractors on their numbers, value-engineer projects and do all we can to make deals work.