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If Rates Are Low Why Are Home Prices Rising?

Pro Builder

The combination of what could be the lowest mortgage rates of our lifetimes, a paucity of inventory, and a desperate rush of buyers has resulted in median home list prices hitting new records. Homes "are selling the day they go onto the market above asking price," says Ali Wolf, chief economist of Zonda, a national real estate consultancy. "If

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Builders in Tough Spot as Construction Costs Increase Amid Insatiable Demand

Pro Builder

The cost of construction continues to increase due to material and labor shortages, yet buyer demand remains so robust that builders risk losing business because they cannot supply inventory, says The New York Times. Every housing boom redefines where the city ends. This is a permanent game changer in the housing market.”.

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How Much Longer Will the Housing Market Be Out of Whack?

Pro Builder

How Much Longer Will the Housing Market Be Out of Whack? How much longer will first-time home shoppers lose their bids to investors and wealthy whom offer more than the listing price and pay in cash? We have to realize that the market is a bit broken,” says Ali Wolf, chief economist at building consultancy Zonda.

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Starter Home Inventory at Five-Decade Low

Pro Builder

Starter Home Inventory at Five-Decade Low. Freddie Mac defines entry-level housing as homes up to 1,400 square feet, and inventory for those homes is now at a five-decade low, reports Realtor.com. Meanwhile, those who waited until between the ages of 35 and 44 to buy netted $72,000 less in median housing wealth.

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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Procurement/bidding. Inventory and maintenance disposition management. Support services may include outsourcing certain O&M requirements, independent and/or peer-based audits of O&M practices, and various consulting services. Strategic planning. Cost estimating. Construction. Space planning. Operations. Maintenance.

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LEAN for Facilities Operation and Maintenance

Job Order Contracting

Procurement/bidding. Inventory and maintenance disposition management. Support services may include outsourcing certain O&M requirements, independent and/or peer-based audits of O&M practices, and various consulting services. Competencies/Activities. Strategic planning. Cost estimating. Construction. Space planning.

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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

When the contractor asked his in-house bookkeeper to review the QuickBooks company file she did and was emphatic everything was perfect. Excessive Accounts Were setup to track individual inventory items like lumber, nails, paint, pipe, roofing material, dirt, bark etcetera. We recommend consulting a tax specialist.