article thumbnail

Financial Difficulties Drag U.S. Household Formation Down

Pro Builder

First, massive amounts of savings and equity were lost in the 2008 financial collapse and subsequent foreclosure crisis, impacting the ability of both older generations to retire and younger ones to shield their children from substantial college debt.

Income 52
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Inside these pages you’ll learn how to better manage the submittal process; make the most of field, logistics and maintenance report; examine if it’s smart to restructure debt, reinforce training so that it sticks, and more. This entry was posted on Friday, August 19th, 2011 at 3:34 pm and is filed under Jeana Durst. December 2011.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Skilled Labor Fund to Educate 1,400 New Skilled Laborers After Grant from The Home Depot Foundation & NAHB

Pro Builder

“This grant from the Home Depot Foundation and ‘Schools to Skills’ will help bridge the gap for many young people who see skilled trades training for what it is: A gateway to a successful career free from the burden of student loan debt. About The Skilled Labor Fund. The Home Depot Foundation works to improve the homes and lives of U.S.

NAHB 59
article thumbnail

PACE Bill Due in Baltimore City

Green Building Law Update

The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Maryland is typical.

Baltimore 120
article thumbnail

Where Did The American Construction Worker Go?

Chianelli Estimating

Back in 2010 and 2011, things looked pretty bad for the Construction Industry. When the Construction Industry bottomed out, so to speak, back in 2011, about 2.3 Sure, the building business slowed down for a spell! However, now it is on the rise, fast and furious. The Bureau of Labor & Statistics, & the U.S.

article thumbnail

HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

Finance 120
article thumbnail

Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

Tuesday, August 23, 2011. With the fluctuating economy and the recent downgrade of the country’s debt, it remains unclear what the future will hold for the design industry. they had previously reported growth for seven consecutive months late last year and into 2011. ▼ 2011. (87). Posted by. . ► July.