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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . percent in 2020.

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Declining Unemployment Rates Suggest Economic Recovery Despite Lingering Labor Shortage

Pro Builder

Though many more trade workers are needed to boost inventory and cut down housing demand, a higher labor participation rate and increased wages mean that the national economy is inching closer to full employment. . More workers are getting off the sidelines as employers boost wages. from November 2020.

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A Look at Lumber Prices From the Supply Side

Pro Builder

I can say with confidence that the market conditions of 2020 and early 2021 are examples of a supply chain and pricing environment most of us have truly never encountered. . A month later, in March 2020, COVID-19 threw a wrench into everything, causing uncertainty across all industries. Lumber Prices—How We Got Here.

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Wave of Foreclosures May Have Little Impact on Housing Market

Pro Builder

Tue, 12/08/2020 - 09:13. And those properties will hardly make a dent in the market’s need for more inventory. Wave of Foreclosures May Have Little Impact on Housing Market. cbroderick. Once mortgage forbearance ends, more than 3.3 million homeowners will have delinquent payments.

Housing 52
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Women in Manufacturing, Representation Matters

Safti First

She continued to flourish in the shop and in 2020, was chosen as supervisor to lead the shop, joining a long list of women supervisors at O’Keeffe’s/SAFTI FIRST. While increasing and maintaining high quality standards, managing inventory and equipment, as well as training and development of the shop team members. “I

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What the Future Holds for Single-Family Rentals

Pro Builder

million from 2010 to 2020—a rate lower than in any other decade between 1950 and 2010. . They are also arguably one of the key contributors to decreasing for-sale home affordability, as they repeatedly price out regular buyers and diminish for-sale home inventory stock. What’s Driving the Demand for Single-Family Rental Homes?

Modeling 111
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2020 Pro Builder Top 100 Products

Pro Builder

2020 Pro Builder Top 100 Products. Fri, 07/31/2020 - 06:00. Available in an array of colors and styles, with new colors added in 2020 as well as a new, matte Brushed Finish, the nonporous surface resists stains, chemicals, and heat, and doesn’t require sealants, the company says. . . Pro Builder Staff. . Kitchen + Bath.

Products 116