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Population Increases in High Fire and Flood Areas as Homebuyers Move to Get More for Their Money

Pro Builder

Research from Redfin shows that, during the five years from 2016 through 2020, migration into the country’s 50 counties with the largest percentage of highest fire and flood risk for homes has increased by an average of 3% and 1.9% respectively. Still, people are moving into risky areas. Still, people are moving into risky areas.

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Virginia Joins 11 Other States Prohibiting Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

shifting the risk of nonpayment … “Payment from the Owner to the Contractor is a condition precedent to payment from the Contractor to the Subcontractor.”). Generally, most states that have addressed the issue allow “pay if paid” clauses so long as there is clear and unambiguous language shifting the risk of non-payment to the subcontractor.

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Disasters Plus Coronavirus Complicate Recovery

Pro Builder

The confluence of two potential clusters of major disasters, at a time when the nation's economy is reeling from a coronavirus-fueled recession, means that the typical resources for recovery, from housing to insurance adjusters to people's personal finances, will be spread thin. Read More.

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Contractors Should Beware of Recovery Risks | ENR: Engineering.

ENR Construction

ENR California. Contractors Should Beware of Recovery Risks. Description: Contractors face recovery risk when they take on too much work after they’ve depleted their staff, cash and other resources. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Rebuilding Japan. Gulf Oil Spill.

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Top Railway Projects in the US

Autodesk Construction Cloud

California: High Speed Rail. Over in California, the High Speed Rail Authority is building the state’s first high-speed train transit system which will connect the mega-regions of the state. California’s high-speed rail project will eventually extend to San Diego and Sacramento and would total 800 miles and 24 stations. .

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Senate Finance Passes Tax Extensions | ENR: Engineering News.

ENR Construction

ENR California. Senate Finance Passes Tax Extensions. Risk management. BONUS: ENR Future Tech & ENR Risk Review at no additional charge. Rebuilding Japan. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus. Safety & Health. Banking & Credit Crisis.

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PulteGroup to Build 7,500 Single-Family For-Rent Homes

Pro Builder

The homes will be located across seven of PulteGroup’s communities and initial projects are located in Florida, Georgia, North Carolina, Texas, and Southern California, reports Million Acres. This certainly will reduce risk. A high-demand housing market. It's then leasing them as part of its value-add investment strategy.