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Is the Phoenix Housing Bubble About to Pop?

Pro Builder

Is the Phoenix Housing Bubble About to Pop? ldeakins Tue, 02/07/2023 - 10:32 After soaring to new heights throughout the COVID-19 pandemic, the Phoenix housing market is slowing to a halt, and that sudden drop-off has some market experts fearful of a 2023 crash For the past several years, the U.S.

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Inflation Is Rising the Fastest in Sun Belt Cities—Here’s Why

Pro Builder

Sun Belt cities like Phoenix, Atlanta, Miami, and Tampa have experienced price increases above 10 percent this year, soaring well beyond the national rate of 8.5 Rents are up 21 percent year-over-year in Phoenix, and in Miami, renters are paying 14 percent more a month than they were a year ago. . Affordability. Housing Markets.

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Construction Costs Rising Due to Stunted U.S. Construction Industry, says Report

Construction Superintendent Magazine

PHOENIX, Ariz. -- Rider Levett Bucknall reports that construction costs continue to rise nationwide, in part, because the overall U.S. construction industry in 2015 is smaller than it was prior to 2008 when the recession began. The firm reported its findings in its newly released First Quarter 2015 USA Construction Cost Report.

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Construction facing safety challenges as work picks up

FDR Safety

A recent report by Marsh Risk Consulting cites a shortage of skilled construction workers in markets across the country, including Pittsburgh, Seattle, and Phoenix. The increase in new construction activity is bringing an influx of new, inexperienced workers,” the report says.

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

NH Construction Law

2008 WL 544563 (Tenn. 29, 2008), bound a subcontractor to the prime contract’s forum-selection clause. Phoenix Bridge Company , 98 N.H. 2007), saddled a subcontractor with the prime contract’s arbitration clause. Remedial Construction Services, LP v. AECOM, Inc. , 5th 658 (2021), went the other way. Steel Corp.

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ICSC (RECon) Executive Summary: Four Commercial Construction Trends

HardHatChat

The tone of the attendees at ICSC’s “Global Retail Real Estate Convention” (RECon) in Las Vegas last month was as positive and energizing as it was in the commercial construction boom years before 2008. Cities like Miami, Dallas, Phoenix, Las Vegas and San Francisco are all performing very well for commercial general contractors.

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Eight families receive the gift of cooling, heating - Contractor Magazine

Contractor Magazine

— Over the past two months, Hobaica Services has given the gift of cooling and heating to eight deserving families living in metro-Phoenix and its surrounding communities. Established in 2008, BEGIN asks local community members to nominate deserving families for an opportunity to receive a free cooling and heating system.