article thumbnail

Collective Home Values Increased $2 Trillion in 2021 So Far

Pro Builder

Historic increases in home values added tens of thousands of dollars to the average homeowners’ equity. CNBC reports equity advanced 20% during the first quarter of 2021 compared to one year prior. High demand for homes spurred by the coronavirus pandemic amid an already low supply caused bidding wars in markets across the nation.

Equity 52
article thumbnail

Digital Builder Ep 27: 3 Key Takeaways on the Infrastructure Investment & Jobs Act (IIJA)

Autodesk Construction Cloud

This week we’re looking closely at the nuances of the bill to clarify what’s included, when these projects will be available to bid on, and how contractors can prepare for such a significant opportunity. How can construction firms prepare for the work and evaluate which projects to bid on? Know the project delivery method.

professionals

Sign Up for our Newsletter

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

article thumbnail

IHP Capital Partners' Richard Whiteley Discusses Land Opportunity for Home Builders

Pro Builder

RW: B2R operators are bidding directly with home builders for project sites and driving up land prices. RW: In home building, return on equity [ROE] is generated through a combination of margin, absorption, and leverage. Planning + Development. Land Planning. Just as land prices continue to rise, so too will density. .

article thumbnail

Caterpillar Forecast Tops Estimates with the Recovery of Construction

Construction Cost Estimating

Illinois-based Caterpillar, Peoria, also confirmed approving a $10 billion share buyback plan through 2018 and will repurchase about $1.7 on January 24 in the midst of a general decline in equities. billion in stock in the first quarter that will mark its previous authorization. The shares had dropped by 2.6%

article thumbnail

ENR won't be buying Building Design + Construction after all

PSMJ Resources

Reports earlier in the week had private equity group Bain Capital in the lead to acquire Reed Business Information after another private equity firm dropped out of the bidding. The bids had fallen from about $2 billion to about $1 billion.

Equity 40
article thumbnail

Contractor Bookkeeping Vs. Regular Bookkeeping

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. They form the foundation of a Business Process Improvement Plan and Construction Business Strategy. All Bookkeeping Methods Share The Same Accounting Equations. Cash On Hand. Bank Balance - Un-cleared Checks) = Cash.

article thumbnail

Contractor Accounting Vs. Regular Accounting

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. They form the foundation of a Business Process Improvement Plan and Construction Business Strategy. All Accounting Methods Share The Same Accounting Equations. Cash On Hand. Bank Balance - Un-cleared Checks) = Cash.