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West Bank – Construction Costs Increase

Job Order Contracting

West Bank – Construction Costs Increase. Construction Cost Index (CCI), Road Cost Index (RCI), Water Networks Cost Index (WNCI) and Sewage Networks Cost Index (SNCI) in the West Bank* during September, 09/2021. The Construction Cost Index (CCI) for residential buildings in the West Bank* reached 114.21 of Statistics.

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US Housing Affordability Is Worse Now Than It Was in 2008

Pro Builder

In fact, according to the Federal Reserve Bank of Atlanta, housing affordability is worse now than it was at any point in the lead up to the housing bubble in 2008, but a number of housing experts say the worst of an affordability crisis may already be behind us.

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Mortgage Banks Reported Negative Profits for the First Time Ever in 2022

Pro Builder

The 2022 deficit represents a 113% decrease from the previous year's average income of $2,339 per mortgage. Negative profits in 2022 are likely a result of slower housing activity caused by higher financing costs coupled with elevated home prices, leading to lower purchase and refinance volume.

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2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble

Pro Builder

2022 Homebuyers Are Better Protected Than House Hunters During 2008 Bubble. Today's homebuyers are backed by high credit scores and more disposable income, and few are dependent on risky adjustable-rate mortgages which led to the 2008 bubble and subsequent bust. Mon, 05/16/2022 - 10:35. New-Home Sales. Market Data + Trends.

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How the Silicon Valley Bank Failure Could Affect the Housing Market

Pro Builder

How the Silicon Valley Bank Failure Could Affect the Housing Market ldeakins Thu, 03/16/2023 - 11:02 The collapse of Silicon Valley Bank last Friday led to two other bank closings that rattled the tech industry and the cryptocurrency market. history and the largest since the 2008 financial crisis.

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Construction Business Owner Blogs

Construction Business Owner

Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. December 2008.

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Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

In November 2013, Bank of America issued the first ever U.S. bank green bond, but again its purpose was not limited to green building. The bank acted as underwriter on Regency’s deal. And while several European business entities have issued similar green bonds, this transaction is the first in the U.S.

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