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Managing Rising Construction Costs: Insurance

Pro Builder

Managing Rising Construction Costs: Insurance. Thu, 06/17/2021 - 10:43. Builders and remodelers carry insurance policies that cover risks for the project, and coinsurance clauses, which are in many policies, say the builder should maintain coverage up to a specific value. cbroderick. Read More. . Financials. Building Materials.

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Property Development And Marketing Tips To Maximize Your ROI

Construction Marketing

since March 2021, with the median price reaching $405,000 marking an 8% increase during the same period, according to Fit Small Business. Estimate Costs. Also, be ready to pay fees for building permits, insurance, upkeep of existing structures like fence lines and drainage systems, and maintenance of construction equipment.

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Key Takeaways from the AGC and Autodesk 2021 Workforce Survey

Autodesk Construction Cloud

Findings from the 2021 Autodesk and AGC Workforce Survey shed light on many of the relevant challenges to be aware of in the coming year, such as labor shortages, project delays, and the rising costs of materials. Firms report two key reasons: a lack of qualified candidates and unemployment insurance supplements.

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60% of Households Cannot Afford New Median Priced Home

Pro Builder

Tue, 03/02/2021 - 09:07. million, cannot afford a new median priced home, according to new priced out estimates by the National Association of Home Builders. As usual, NAHB’s latest update includes priced out estimates for all states and metropolitan areas. 60% of Households Cannot Afford New Median Priced Home. cbroderick.

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Storms Leave Waterfront Homes With Wreckage and Owners With High Costs

Pro Builder

Thu, 05/06/2021 - 10:02. After Hurricane Sally damaged the roof of one Florida couple’s waterfront home, insurance payouts only covered two-thirds of actual damages. The couple put $100,000 of their own money into repairs although they pay $28,000 annually for their insurance coverage. cbroderick.

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3 Million Unemployed Renters Remain Burdened by Housing Costs

Pro Builder

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

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Buyers 'Marching Into the Jaws of Destruction' Says Redfin CEO

Pro Builder

Tue, 09/07/2021 - 10:00. The only people who have figured out are the [actuaries], the people who have to calculate the cost of insuring these properties,” said Kelman, who has led Redfin for about 15 years. Buyers 'Marching Into the Jaws of Destruction' Says Redfin CEO. cbroderick. Natural disasters are expensive. Read More. .

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