article thumbnail

Home Prices Are Rising Four Times Faster Than Incomes Across the U.S.

Pro Builder

Housing experts are warning of market conditions that seem eerily reminiscent of the 2007 housing bubble and subsequent crash . leading the same economists who predicted the 2007 housing bubble to once again sound the alarm of another unstable market in 2022. Over the coming 12 months, Zandi predicts year-over-year U.S.

Income 52
article thumbnail

#127:  Subcontract "Flow Down" of Prime Contract Terms

NH Construction Law

2007), saddled a subcontractor with the prime contract’s arbitration clause. Phoenix Bridge Company , 98 N.H. When the prime contract dictates a forum for resolving disputes, cases are split on the effect of flow down clauses. Weatherguard Roofing Co. Ward Construction Co., 3d 1227 (Ariz. Remedial Construction Services, LP v.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Road to Recovery in Detroit

Buisness Facilities Contributed Content

But out of the ashes of this monumental collapse — and in the midst of one of the most run-down neighborhoods in Detroit — a remarkable revival is rising like a phoenix. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009.

Detroit 51
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Entered By: Greater Phoenix Economic Council. The winner of our top award emerged from a collaborative effort between Greater Phoenix Economic Council (GPEC), the Arizona Commerce Authority (ACA), DMB Associates, Salt River Project (SRP), Maricopa County and the City of Mesa. (Photo: solarsystems-usa.net). manufacturing.”

Deals 107
article thumbnail

Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

The winner of our top award emerged from a collaborative effort between Greater Phoenix Economic Council (GPEC), the Arizona Commerce Authority (ACA), DMB Associates, Salt River Project (SRP), Maricopa County and the City of Mesa. million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. . manufacturing.”

Deals 105
article thumbnail

40 Under 40: Champions of Construction 2022

Autodesk Construction Cloud

Phoenix, AZ. Phoenix, AZ. Lauren started her career at SSOE Group as a n architect in training with a BIM specialty focus in 2007. “Cierra has been a trailblazer in seeking out new software and technology and deploying them to better serve construction projects and the company as a whole.”. Siddharth Kothari . Landon Arciero.

article thumbnail

FEATURE STORY: Semiconductor HUBS – Macro Growth from Micro Chips

Buisness Facilities Contributed Content

In 2007, Intel spent $1 billion to retool Fab11X to become Intel’s fourth factory for next generation, 45-nm technology; in 2009, Intel spent $2.5 More than three decades later, Intel is the largest industrial employer in the state, with approximately 3,500 employees at its campus and an annual state economic impact of nearly $1 billion.

Austin 98