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Homebuyer Competition Drops to Lowest Level in Two Years

Pro Builder

Homebuyers are taking a break from bidding wars as home prices become increasingly unaffordable for a growing number of Americans. The nationwide bidding war rate fell below 50% in June for the first time since May 2020 as a result of inflated housing costs pushing a growing number of would-be buyers to the sidelines.

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The Best Weeks for Homebuying are Here

Pro Builder

But in some higher density, larger markets, such as New York City, Los Angeles, Boston, Minneapolis, Denver, and Portland, Ore., An increase in residences for sale would be a welcome shift, as the housing shortage is fueling the high price growth and bidding wars. the best week to buy is now through Sept. 18, says Realtor.com.

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'Overlooked' Conflict-of-Interest Rule Created Confusion on Big Light-Rail Bid

ENR Construction

How a contract clause threw an important Minneapolis transportation project into turmoil.

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Some Companies Are Shut Out of Minneapolis Light-Rail Extension

ENR Construction

A bid using a company that worked on the design or planning phase will be classed as 'non-responsive.'

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Five Causes of Construction Rework and How to Avoid Them

Fieldwire

Errors and omissions are often beyond the control of construction contractors, but sometimes contractors can help identify these issues during bidding and plan review stages. Andrew Roe is a civil engineer and technical writer based in Minneapolis, MN. Schedule Demo. He is president of AGR Associates, Inc.,

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Seven Traits of Profitable Specialty Contractors

Fieldwire

Profitable firms also have consistent bidding and estimating processes that use current technology and pricing information. Andrew Roe is a civil engineer and technical writer based in Minneapolis, MN. Simply winning a project does not guarantee financial success, particularly if the project is underpriced. Schedule Demo.

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Project Management Technology Tools Helping Contractors Modernize, Streamline Operations—Part 3 of 5

Viewpoint Construction Technology

Technology is quickly changing our industry in ways we haven’t seen before,” Dan Johnson, president of Minneapolis-based Mortenson Construction said in an interview with Construction Dive. Probably what’s enabling that more than anything right now is technology.