Pro Builder

MARCH 26, 2021

Broader Economy Suffered in 2020 While Home Improvements Thrived. in 2020 as home improvement project spending increased by 3%, according to Harvard University’s Joint Center for Housing Studies. cbroderick. Fri, 03/26/2021 - 09:32. economy dipped 3.5% Read More. . Coronavirus Resources and Information. Economics.

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Pro Builder

AUGUST 12, 2022

Empty Office Spaces Offer Adaptive Reuse Solution to Boost Housing Supply. In an ever-growing housing shortage, developers are turning to abandoned work spaces to create affordable multifamily units. Remodeling Projects. Fri, 08/12/2022 - 09:44. Multifamily. Planning + Development. Multifamily.

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Office Housing New York Cleveland 52

Pro Builder

APRIL 4, 2023

Construction Job Openings Fell in February ldeakins Tue, 04/04/2023 - 10:51 As the housing market cools, construction job openings are trending lower, but hiring and recruiting skilled laborers remains a top priority for most construction firms After an elevated 11.2 The construction job openings rate decreased to 4.9% rate in February.

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Construction NAHB Remodeling Inventory 97

Pro Builder

FEBRUARY 2, 2022

The construction labor market is eager to recruit skilled workers as new housing starts take off in the first months of 2022. in May 2020, NAHB’s Eye on Housing reports. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. growth rate. Construction.

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Pro Builder

FEBRUARY 7, 2023

Residential construction gained 5,500 jobs in January, while total nonfarm payroll employment posted a gain of 517,000 in January, its largest monthly increase in six months, the National Association of Home Builders' Eye on Housing reports. in January, it remains well below pre-pandemic levels recorded at the beginning of 2020.

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Pro Builder

MARCH 30, 2022

rate, NAHB Eye on Housing reports. The post-virus peak rate of hiring occurred in May 2020 (10.4%) as a rebound took hold in home building and remodeling. In April 2020, the layoff rate was 10.8%. As the construction industry rebuilds post-pandemic, attracting skilled labor remains a key objective for the coming quarters.

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Construction NAHB Remodeling Residential 98

HardHatChat

JANUARY 6, 2020

Englewood’s business development team attended ICSC’s CenterBuild conference in December, where conversations revolved around retail activity and opportunities in 2020. As we kick off 2020, we have a lot of optimism about our industry and the sectors we’re active in, but we also recognize there will be challenges ahead.

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Retail Commercial Housing Construction 31

Pro Builder

OCTOBER 15, 2020

Thu, 10/15/2020 - 10:59. Home improvement project budgets have decreased due to the pandemic, but the Joint Center for Housing Studies of Harvard University says there will be moderate gains in homeowner spending through most of next year. Remodeling. Remodeling. Home Improvement Spending Expected to See 2021 Gains.

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Pro Builder

SEPTEMBER 1, 2021

The exhibits alone are reason enough to attend the show, but IBS offers so much more: Network with other builders, remodelers, manufacturers, engineers, designers, and housing industry professionals . The 2020 show welcomed more than 90,000 attendees. Best of BALA 2020. Best of The Nationals 2021.

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Pro Builder

JUNE 1, 2023

The total count of open construction jobs increased from a revised reading of 315,000 in March to 383,000 in April, but despite that monthly increase, construction sector job openings are slowing after reaching a data series high of 488,000 in December 2022, the National Association of Home Builders' Eye on Housing reports. in March to 4.6%

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Construction Remodeling Inventory Housing 52

Pro Builder

JULY 7, 2022

in May, NAHB Eye on Housing reports. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. The post-virus peak rate of hiring occurred in May 2020 (10.4%) as a rebound took hold in home building and remodeling. rate in May. Labor + Trade Relations.

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Inventory NAHB Construction Remodeling 52

Pro Builder

JANUARY 5, 2022

hiring growth rate for a sector in need of additional labor to combat low nationwide housing inventory. As the Great Resignation continues, however, a large share of construction workers are quitting their jobs, though few are being laid off, according to the NAHB’s Eye on Housing. In April 2020, the layoff rate was 10.9%.

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Construction Remodeling Inventory Housing 52

BD+C

JUNE 19, 2023

rcassidy Mon, 06/19/2023 - 14:58 Richard Whitney, Vice President, FitzGerald More than 11,000 units of multifamily housing have been created in the last two years alone by converting outmoded office buildings into much-needed residences. OFFICE-TO-RESIDENTIAL – A NATIONAL TREND This trend goes far beyond Chicago.

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Residential Office Chicago Housing 109

Pro Builder

MAY 12, 2021

The 20-year-old one-story ranch home went from $298,330 in June 2018 to $351,130 in June 2020, reports the Denver Post. The homeowners had done no remodels or upgrades during that time. Another homeowner who purchased in March 2020 experienced a $15,000 value increase in just 7 months. Housing Markets. Housing Markets.

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Colorado Denver Remodeling Metro 52

Pro Builder

DECEMBER 9, 2021

The number of open construction jobs reached a record of 410,000 unfilled positions in October in the midst of an underbuilt housing market dependent on trade labor for additional inventory. rate with more job gains reported in the second half of the year, the NAHB’s Eye on Housing reports. In April 2020, the layoff rate was 10.9%.

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Inventory Construction Remodeling Housing 52

Pro Builder

NOVEMBER 8, 2022

Job growth slowed in October as the Fed continued to tighten its monetary policy in an ongoing effort to fight runaway inflation, but according to NAHB Eye on Housing, the labor market remains tight. Over the last 12 months, home builders and remodelers added 105,300 jobs on a net basis. The unemployment rate rose by 0.2

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Employment Residential NAHB Construction 52

Pro Builder

NOVEMBER 13, 2020

Fri, 11/13/2020 - 09:14. Outdoor spaces have experienced surges of renovations and remodels this past summer as a result of the pandemic. Refrigerators and coolers will limit the need to go back into the house for cold storage items. Demand for Outdoor Kitchens Remains Strong. cbroderick.

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Construction Junkie

DECEMBER 8, 2020

Throughout the pandemic, contractors throughout the US saw lumber prices skyrocket for a variety of different reasons, including a huge increase in DIY and home remodeling projects, sawmill shut downs, and wildfires. is a positive development, but more needs to be done,” said NAHB Chairman Chuck Fowke, in a blog post.

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US NAHB Remodeling Housing 105

Pro Builder

SEPTEMBER 7, 2022

The worst of the COVID-19 pandemic may be behind us, but that hasn't stopped homeowners from remodeling their living spaces for increased health and wellness. Some homeowners have even considered adding accessory dwelling units (ADUs) onto their properties for extra space to house aging loved ones or family members in quarantine.

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Design Remodeling Texas Regulation 52

Pro Builder

DECEMBER 6, 2021

Spacious home design preferences in 2021 mark a shift from a downward trend in home size from 2016 to 2020. . Recent housing data confirm the continuation of this trend. Remodeling Projects. These metrics have increased 9.3% and 6.2%, respectively, since Great Recession lows. Single-Family Homes. Home Design.

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NAHB Remodeling Design US 52

Pro Builder

DECEMBER 3, 2020

Thu, 12/03/2020 - 09:59. Jim Nostedt, president or SEEFAR Building Analytics, lays out a formula that shows how total cost of building ownership makes high-performance housing affordable to buyers and benefits builders who want to provide better quality housing.

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Remodeling Estimating Roads Profitability 52

Pro Builder

MAY 31, 2021

The shortage of skilled labor for housing construction remains at or near the top of what keeps home builders up at night. The shortage of skilled labor for housing construction, namely rough and finish carpenters and framers, but also masons, drywallers, and roofers, remains at or near the top of what keeps home builders up at night.

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Residential Innovation Remodeling Housing 104

Pro Builder

JULY 31, 2020

Fri, 07/31/2020 - 09:10. For example, changing a house’s roofing system to a recycled metal that reflects the sun’s heat will save on bills while reducing your carbon footprint. Only new houses can be green. 5 Myths About Eco-Friendly Homes Debunked. cbroderick. Realtor.com is here to put an end to the falsities. Green Design.

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Green Remodeling Environment Renovating 52

Pro Builder

JANUARY 4, 2022

The wellness real estate market nearly doubled from $148 billion in 2017 to $275 billion in 2020 as a larger share of homeowners adopted health and wellness design features at all price points in both remodels and new builds. A separate ventilation system in the garage to keep chemicals and odors from entering the house.

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Construction Remodeling Education Materials 52

Pro Builder

AUGUST 10, 2020

Mon, 08/10/2020 - 09:59. When the International Residential Code was enacted in 2000 to protect residences from natural hazards, it excluded existing homes, which make up 80% of housing supply. Read More. . Construction.

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NAHB Guidelines Remodeling Residential 52

Pro Builder

JULY 1, 2022

Imposing a penalty on houses larger than 5,000 square feet. The housing market remains underbuilt and requires additional labor and buildable lots , as well as a reliable supply of lumber and other building materials. . • Requiring ASHRAE 62.2 ventilation rates (much higher rates). Requiring increased building tightness.

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Pro Builder

MARCH 31, 2021

I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . A month later, in March 2020, COVID-19 threw a wrench into everything, causing uncertainty across all industries. Lumber Prices—How We Got Here.

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Inventory Forecasting Risk Environment 124

Pro Builder

OCTOBER 2, 2020

Fri, 10/02/2020 - 12:11. So, in late 2009, we scheduled our open-house hours for Saturdays and Sundays from noon to 5 p.m. Shifting to appointments in 2020 and beyond leverages the latest technologies. The Uberization of New-Home Sales. cbroderick. Kevin Oakley, Contributing Editor. New-Home Sales Get the Uber Treatment.

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Modeling Schedule Housing Compensation 98

Pro Builder

NOVEMBER 25, 2020

Wed, 11/25/2020 - 09:50. quarter of 2020, 62% of buyers who are ?actively NAHB International Builders' Show Shifts to All-Virtual Event. The National Association of Home Builders will be hosting an all-virtual, signature event called IBSx. 9 through Feb. In the third ?quarter For more, visit nahb.org. . International Builders' Show.

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Pro Builder

SEPTEMBER 1, 2020

Tue, 09/01/2020 - 08:53. 31, 2020 - Washington. We need more skilled trades workers to help meet the ever-increasing demand for safe, affordable housing,” said Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla. CEO - National Housing Endowment . cbroderick.

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NAHB Foundation Education Debt 59

Pro Builder

JULY 6, 2021

The home building industry is a diverse mix of professionals—builders, developers, remodelers, carpenters, plumbers, electricians, masons; the list is extensive. The weekly Housing Developments podcast offers news from Capitol Hill and economic analyses from NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin. .

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NAHB Equity Resource Residential 98

Pro Builder

JULY 31, 2020

Housing Market’s Contribution to GDP Highest in 13 Years. Fri, 07/31/2020 - 09:03. The current market’s historically low interest rates, housing shortage, and revived interest on the importance of the home have proven that housing will lead the economic recovery, according to NAHB. cbroderick.

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Housing Remodeling NAHB Residential 98

Green Building Law Update

MAY 10, 2020

The 2020 version of the ICC 700 National Green Building Standard (NGBS) is now available for free download and public use. As of April 1, 2020, more than 216,000 residential dwellings have been certified to the NGBS through NGBS Green, the third-party certification program administered by Home Innovation Research Labs.

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Green Residential Certification United States 156

Pro Builder

JULY 31, 2020

2020 Pro Builder Top 100 Products. Fri, 07/31/2020 - 06:00. Available in an array of colors and styles, with new colors added in 2020 as well as a new, matte Brushed Finish, the nonporous surface resists stains, chemicals, and heat, and doesn’t require sealants, the company says. . . Pro Builder Staff. . Kitchen + Bath.

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Products Design Engineering Remodeling 116

Pro Builder

JUNE 14, 2021

Design Trends Survey: What's in Store for Housing's Look and Feel. A recent survey of architects and design-minded home builders reveals what's in store for the look and feel of housing during the next three to five years. Cottage makes a whole lot of sense as a housing solution, including in the build-for-rent world.”.

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Housing Design Materials Architecture 111

Pro Builder

DECEMBER 17, 2020

What Will Come for Housing in 2021, According to the Experts. Thu, 12/17/2020 - 10:47. 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. But supply-side headwinds will persist.

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Housing Remodeling Residential Materials 98

Pro Builder

APRIL 20, 2021

Whether working on a new construction or remodeling project, creating a home with stand-out curb appeal is a goal for any building industry professional. Those are just some of the reasons a growing number of builders and remodelers are choosing composite slate and shake roofing for their homes. kcichowicz. Tue, 04/20/2021 - 09:55.

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