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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. The housing market may be slowing, but senior economist Jordan Rappaport predicts an upcoming surge in single-family home building . Thu, 10/06/2022 - 10:24. million, but a number of challenges remain for regional builders across the U.S., NAHB reports.

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When Will the Fed’s Rate Hikes Come to an End?

Pro Builder

As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve . However, by 2025, the Fed is forecasting a return to a normalized rate of 2.5% Housing Policy + Finance. for the federal funds rate. Affordability. Financing.

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Mortgage Applications Drop 10% As Interest Rates Continue to Rise

Pro Builder

Rising interest rates and declining inventory are pushing more prospective buyers out of a frenzied market at the start of 2022. Rates have been steadily rising since the start of the year, but buyers who initially seemed unfazed are now pulling back, especially as dwindling housing supply pushes home prices higher. Housing Markets.

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15 Management Systems to Help You Avoid the High-Speed Wobbles

Pro Builder

Unprepared home builders experiencing rapid growth run the risk of squandering opportunities during the best decade in housing’s history. The silver lining: It was an opportunity for new home builders to enter the market as it recovered, and demand for new housing slowly but surely accelerated thanks to a Recession-induced shortfall of 3.8

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

The National Retail Federation (NRF)—the nation’s largest retail trade group—recently released its 2016 economic forecast. Keys to the Cape’s Forecast. The new Lakeside Shops retail center at the Landing was added to the inventory in the fourth quarter of 2015, and the tornado-damaged Branson Mall also has been put back on the market.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. Jeff Benach, co-principal at Lexington Homes, in Chicago, says his team regularly examines financial scenarios to forecast what the numbers could look like if sales declined by 10%, 20%, and so on. Then, poof!

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Contractors Online Accounting With QuickBooks Desktop Version

Contractor Bookkeeping

But the real ones to watch are those long-trusted employees like your in-house bookkeeper who has been with you for years and refuses to take a vacation because “no one else can do the job but them.” The example below shows a part-time in-house bookkeeper at $15.00 No Inventory Reporting. an hour working 10 hours a week.