Pro Builder

JANUARY 7, 2022

Despite strong nationwide housing demand, low domestic sawmill output is slowing construction and contributing to major price volatility nearly two years into the COVID-19 pandemic. is widening a housing deficit and pushing prices to record highs. is widening a housing deficit and pushing prices to record highs. This is a 2.4%

Construction 98

Construction Employment Statistics Housing 98

Pro Builder

JANUARY 12, 2021

3 Million Unemployed Renters Remain Burdened by Housing Costs. Tue, 01/12/2021 - 10:40. There are an estimated 3 million renters who remain unemployed from March that face intense housing cost burdens. cbroderick. But even with the bonus cash, 43% of unemployment insurance income goes to rent, which is better than the 81.2%

Housing 52

Housing Income Insurance Employment 52

Pro Builder

DECEMBER 6, 2021

Mon, 12/06/2021 - 16:29. The construction industry is actively hiring and recruiting, but many more new workers are needed to increase housing supply. More workers are getting off the sidelines as employers boost wages. Declining Unemployment Rates Suggest Economic Recovery Despite Lingering Labor Shortage. in October to 61.8%

Employment 98

Employment Inventory Housing Industrial 98

Pro Builder

MARCH 23, 2021

This House-Approved Bill Could Reclassify Independent Contractors. Tue, 03/23/2021 - 10:01. The Protecting the Right to Organize (PRO) Act, which the House of Representatives approved this month, will redefine independent contractors. The service is performed outside the usual course of the business of the employer.

Housing 52

Housing Contractors Compensation Union 52

Pro Builder

NOVEMBER 9, 2021

Tue, 11/09/2021 - 09:33. A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. Housing inventory and affordability will continue to be weakened by the shortage of skilled construction labor, according to a new report by the Home Builders Institute (HBI).

Inventory 98

Inventory NAHB Employment Estimating 98

Pro Builder

FEBRUARY 7, 2022

by the end of January 2021 as builders and buyers eye affordability in the new year. Following strong employment in January, the most prevalent 30-year fixed mortgage rate is steadily rising toward 4.0%, the highest since October 2019, Bill McBride reports in the CalculatedRisk Newsletter. Housing Policy + Finance.

Finance 99

Finance Inventory Housing Employment 99

Pro Builder

OCTOBER 25, 2022

States weigh in on employment situation in September 2022. The National Association of Home Builders released a state-level analysis on Monday that detailed the employment data by state across the country. increase compared to the September 2021 level. increase compared to the September 2021 level. Housing Markets.

District of Columbia 98

District of Columbia North Dakota South Carolina NAHB 98

Pro Builder

NOVEMBER 10, 2021

Wed, 11/10/2021 - 10:32. The ability of more office workers and employers to work from home could reshape housing demand in cities and suburbs away from employment hubs. Indeed, surveys show a majority of office workers—and a significant share of employers—expect to work from home at least once a week going forward.

Employment 105

Employment Housing Office Mobility 105

Pro Builder

JULY 6, 2021

Buyers, Renters Look to Sister Cities for More Affordable Housing. Tue, 07/06/2021 - 09:41. Many top employers are embracing permanent work-from-home and hybrid models for some of their team members. Remote work opportunities allow buyers to choose markets and housing that best match their desired lifestyle. cbroderick.

Housing 52

Housing Metro Denver Seattle 52

Pro Builder

APRIL 13, 2021

6 Housing Experts Predict the Future of City Centers. Tue, 04/13/2021 - 09:51. MarketWatch asked six housing industry experts about the future of city centers as more businesses open their doors and former remote workers head back into office spaces. Housing Markets. cbroderick. Read More. . Market Data + Trends.

Housing 52

Housing Office Metro Mobility 52

Pro Builder

JUNE 7, 2021

Mon, 06/07/2021 - 09:26. Builders, developers, and homebuyers are all affected by rising housing costs—here are some creative ways builders are successfully addressing affordability concerns. Creative Ways Builders Are Tackling the Affordability Issue. cbroderick.

Housing 98

Housing Office Consulting Employment 98

Pro Builder

APRIL 21, 2021

Wed, 04/21/2021 - 09:06. Florida has fewer residents than Texas but owing to its large vacation and seasonal housing stock, employs more residential construction workers. Home Building Accounts for Nearly 3% of U.S. Labor Force. cbroderick. More than 11 million Americans worked in the construction industry in 2019 with 4.4

Accounting 98

Accounting District of Columbia Florida Vermont 98

Pro Builder

FEBRUARY 6, 2023

Many of those who settled in small and midsize communities throughout the pandemic were out-of-state buyers taking advantage of remote work flexibility, but in their hunt for quieter and more desirable markets to call home, they created an ongoing housing crisis, NBC News reports.

Office 52

Office Utah Housing United States 52

Pro Builder

OCTOBER 12, 2022

Slower wage growth for residential building workers may signal a labor market slowdown as recession fears mount among trade employers. Average hourly earnings for residential building workers continued to rise in August, but at a much slower rate than during the months prior, NAHB Eye on Housing reports. Labor + Trade Relations.

Residential 52

Residential NAHB Statistics Employment 52

Pro Builder

SEPTEMBER 29, 2022

Consumer confidence rose to a 5-month high in September amid solid job gains, declining gas prices and easing inflation, but according to NAHB Eye on Housing, Americans are still conflicted about how they should spend their money. The Consumer Confidence Index, reported by the Conference Board, increased 4.4 points from 103.6

NAHB 52

NAHB Conference Housing America 52

Pro Builder

JUNE 3, 2021

Thu, 06/03/2021 - 09:52. Nashville, Tennessee ranks in the top 10% of cities for three of the four categories that we considered: home market favorability, affordability and employment. Grand Rapids also ranks 24th- and 19th-best in our affordability and employment categories, respectively. Housing Markets. cbroderick.

District of Columbia 52

District of Columbia Nashville Omaha Nebraska 52

Pro Builder

FEBRUARY 23, 2021

Tue, 02/23/2021 - 09:36. According to the National Association of Home Builders/Wells Fargo Housing Market Index December 2020 survey, 96% of builders surveyed said building material prices were the most significant problem of last year while 86% predicted the issue to persist this year. cbroderick.

Materials 59

Materials Employment Housing Construction 59

Pro Builder

JULY 6, 2021

Tue, 07/06/2021 - 12:00. Occupational Safety and Health Administration (OSHA) began work on an emergency temporary standard (ETS) with new enforceable requirements for employers to protect workers. OSHA issued the ETS in June 2021 and announced that the new standard applies only to workers in health care settings. Regulations.

OSHA 98

OSHA NAHB Construction Liability 98

Pro Builder

OCTOBER 4, 2021

Mon, 10/04/2021 - 10:24. Inflation can be great for homeowners with a 30-year fixed mortgage because your monthly mortgage cost will be constant while the cost of building a house like the one you own will rise, which can raise the value of your property. Inflation is Good for Homeowners and Landlords.

Income 52

Income Employment Environment Housing 52

Pro Builder

DECEMBER 9, 2021

Thu, 12/09/2021 - 10:32. The ‘Great Resignation’ is causing many young professionals to relocate to areas with a lower cost of living while searching for more flexible employment options, reports Realtor.com. Housing Markets. Housing Markets. How the ‘Great Resignation’ Is Impacting US Cities. Market Data + Trends.

US 52

US Employment Miami Austin 52

Pro Builder

AUGUST 5, 2021

Thu, 08/05/2021 - 10:35. There were 50% more construction job openings between May and June 2021 than before the pandemic, with most positions remaining open for an average of 24 days. House painters saw a 329% increase. Industry's Skilled Labor Shortage Worse Than Pre-Pandemic. cbroderick. Electricians have risen130%.

Industrial 98

Industrial Employment Concrete Housing 98

Pro Builder

OCTOBER 4, 2022

That’s why Minic and the BTF are working to offer training resources and career paths at no cost to employers, one company at a time. PB: How has the industry changed since the study was conducted in 2021 and what can employers do differently now? million new workers by 2025. Labor Shortage Survey: Who's Leading?

Plans 98

Plans Employment Foundation Education 98

Pro Builder

NOVEMBER 2, 2021

Tue, 11/02/2021 - 09:47. The Healthy/Clean Home, one of three immersive home experiences at Pro Builder Show Village 2021 , presents the pinnacle of indoor air quality for new housing design and performance. Webinar On Demand: Indoor Air Quality for the Healthy/Clean Home.

Denver 52

Denver Remodeling Project Management Consulting 52

Pro Builder

NOVEMBER 23, 2021

Tue, 11/23/2021 - 10:16. Thousands of workers across the country are quitting their jobs post-pandemic and migrating to seek out new employment thanks to the rise of remote work. They’re more drawn to states where housing costs are lower and where newer tech hubs are emerging. Housing Markets. Market Data + Trends.

Metro 52

Metro San Francisco New York Employment 52

Pro Builder

AUGUST 4, 2021

Wed, 08/04/2021 - 10:00. The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Some landlords catering to affordable housing or lower-income tenants, meanwhile, have struggled to collect rent during the nearly yearlong eviction ban that ended over the weekend.

San Francisco 52

San Francisco NAREIT Equity Atlanta 52

Pro Builder

MARCH 9, 2021

Tue, 03/09/2021 - 09:25. of total construction industry workers, but the percentage continues to grow, especially with the current booming housing market. Construction Industry Offers Many Opportunities for Women. cbroderick. Despite the small, but growing, share of women in construction, it can be a lucrative field, says Forbes.

Industrial 99

Industrial Construction Statistics Employment 99

Autodesk Construction Cloud

FEBRUARY 8, 2023

A report from the UK-based Sutton Trust in Dec 2021, for example, found 31% of apprentices said better information and support from their school could have encouraged more of their peers to choose an apprenticeship. Between August 2021 and July 2022, about 26,100 new construction apprenticeships began.

Construction 98

Construction Employment Autodesk Industrial 98

Pro Builder

APRIL 29, 2021

Thu, 04/29/2021 - 10:10. Many formerly incarcerated individuals have found both hope and stability in the construction sector thanks to contracting groups and employers offering training to those with criminal records. The key is to recognize the experiences and skills returning citizens can bring to employers, Rantanen says.

ABC 52

ABC Philadelphia Pennsylvania Employment 52

Pro Builder

MAY 19, 2021

Wed, 05/19/2021 - 09:30. Construction employment stalled in April and fell below it’s pre-pandemic peak, according to the Bureau of Labor Statistics. Roughly 15% of builders said they are putting down concrete foundations and then holding off on framing the house. Single-Family Construction Drops Dramatically in April.

Construction 52

Construction Statistics Materials Deals 52

BD+C

MAY 8, 2024

O’Garro has extensive experience leading teams to successfully deliver major projects across markets including museums, federal buildings, and housing. He was responsible for establishing the SmithGroup office in Atlanta in 2021.

AIA 52

AIA Atlanta District of Columbia Georgia 52

Pro Builder

JUNE 30, 2021

Wed, 06/30/2021 - 10:30. A new joint report by the Urban Land Institute and RCLCO Real Estate Consulting found the single-family rental market has undergone an impressive increase in interest and growth as COVID-19 emphasized the need for various forms of housing. Inside the Single-Family Rental Demand. cbroderick. Read More. .

ULI 59

ULI Housing Inventory Income 59

Pro Builder

AUGUST 5, 2021

Thu, 08/05/2021 - 10:23. An April 2021 CoreLogic consumer homebuyer study showed an increase in confidence in purchasing power, as well. Housing Markets. Housing Markets. 2020's Hottest Markets Were Coastal and Affordable. cbroderick. The growth in coastal markets, such as Tampa and Lakeland, Fla., Ninety percent of U.S.

San Francisco 52

San Francisco Income Metro Tampa 52

Pro Builder

MAY 4, 2021

Tue, 05/04/2021 - 09:19. Chuck Fowke, NAHB 2021 Chairman. The website also contains a wealth of material, including articles and webinars focused on mental health resources for employers, Toolbox talks on self-care, and suicide prevention resources. NAHB Chairman's Letter: Mental Health and Worker Well-Being.

NAHB 89

NAHB Resource Safety Industrial 89

Pro Builder

OCTOBER 12, 2021

Tue, 10/12/2021 - 09:59. "I About 13% of appraisals came in below the contract price in August, according to housing-data provider CoreLogic. in January 2020, a rate CoreLogic said is more typical for the housing market. “I Home Appraisals Are Messing with Sales. That was down from a recent high of 19.7% in May but above 7.3%

Bidding 52

Bidding Contract Risk Housing 52

Green Building Law Update

APRIL 7, 2020

Despite the abridged session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. The 90 day session was, for the first time since the Civil War cut short, ending three weeks early (. Mary’s for 90 days).

Maryland 156

Maryland Commissioning Regulation Environment 156

Green Building Law Update

APRIL 7, 2020

Despite the abridged session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. The 90 day session was, for the first time since the Civil War cut short, ending three weeks early (. Mary’s for 90 days).

Maryland 156

Maryland Commissioning Regulation Environment 156

Pro Builder

JANUARY 6, 2022

After hitting a 13-year high, easing inflation in December boosted consumer confidence and caused an increase in spending intentions for homes, cars, and other expenses which remained out of reach for many buyers throughout 2021. Similarly, expectations of employment over the next six months were more favorable. points from 111.9,

Claims 52

Claims Employment Sustainability Housing 52