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How a Housing Shortage and High Prices Are Hurting the Middle Class

Pro Builder

Home prices are quickly exceeding home buyer budgets as limited inventory pushes affordability further out of reach. Buyers with a household income between $75,000 and $100,000 are limited to roughly 51% of total homes listed for sale, compared with 58% in 2019. How a Housing Shortage and High Prices Are Hurting the Middle Class.

Housing 52
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The Housing Market Is Still Hot, But Experts Say It May Be Cooling

Pro Builder

Stagnant household incomes are no match for fast-rising home prices, but that widening ratio isn't sustainable for the long-term, experts say. House prices are outpacing average household incomes across the U.S., The Housing Market Is Still Hot, But Experts Say It May Be Cooling. Wed, 05/11/2022 - 10:31.

Housing 52
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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Let me tell you about Construction’s Secret Weapon. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. How Does WIP Fit into the Construction Business?

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How to Get Your Supers to Actually Fill Out Daily Reports

ProcurementExpress.com

Construction daily reports are a vital part of managing construction projects. These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. Why Do Construction Daily Reports Matter? The benefits of daily reports are undeniable. Click To Tweet.

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How to Get Your Supers to Actually Fill Out Daily Reports

ProcurementExpress.com

Construction daily reports are a vital part of managing construction projects. These documents contain a wealth of information, providing insights that can inform future contracts, estimates, and inventory management. . Why Do Construction Daily Reports Matter? The benefits of daily reports are undeniable.

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Top 3 Tips for Improving Cash Flow as a Construction Contractor

ProcurementExpress.com

Construction companies face more cash flow challenges than just about any other industry. Let’s take a look: Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know Click Here. They manage multiple projects, purchase a large quantity of materials, and work with a variety of subcontractors and vendors.