Autodesk Construction Cloud

NOVEMBER 8, 2022

A recent survey by Dodge Data & Analytics found that a significant majority of contractors (93%) indicated that their projects had been affected by rising construction costs due to supply chain issues. . To help you do that, this post covers the essentials of managing the supply chain in construction. Let’s dive in! .

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Pro Builder

JULY 18, 2022

Even as prices inch toward new highs and bidding wars screech to a halt in some overheated markets across the country, other locations are still seeing strong sales and flourishing new construction activity. According to CNBC, Utah is home to the nation’s most stable housing market with the fastest pace of new construction and 27.1%

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Pro Builder

SEPTEMBER 21, 2021

Few experts polled anticipate foreclosed homes will be adding to housing inventory. Rather the largest single source of inventory, almost 40%, will come from existing homeowners selling and moving into a different residence. The panel expects home foreclosures to make up the smallest source of available inventory, at 5.4%.

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Pro Builder

DECEMBER 10, 2020

Could More Construction Put an End to Climbing Home Prices? The story of buyers being outbid is a common one as home inventory remains low and prices continue to climb, but relief could be on the way. In the Cincinnati area, new single-family home construction is expected to increase by 16% by the end of the year. Construction.

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Construction Cost Estimating

FEBRUARY 24, 2014

One of the largest producers of mining and construction equipment, Caterpillar Inc. Caterpillar forecasts the growth of world economic by 3% in 2014, which is about 2% up from last year. It expects sales in its power systems and construction industries units to rise by 5%.

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Pro Builder

MARCH 31, 2021

In January and February of 2020, the price of lumber and panels began to fall due to an expectation within the LBM industry of waning demand and that inventories were sufficient. . By now, the story is cemented of how we arrived in the situation we face today. Photo: Artem / stock.adobe.com. Photo: Artem / stock.adobe.com.

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Autodesk Construction Cloud

MAY 24, 2023

While you might know you need flour, eggs, and butter, if you forget another crucial ingredient or put in the wrong proportions, you could have a baking disaster on your hand. The same is true for construction projects, only on a much grander scale. Fortunately, construction takeoff software solutions can solve that problem for you.

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GCP Applied Technologies

MARCH 7, 2018

Construction BIG DATA: Both grand and granular. Perhaps your construction business has hit a bit of a slump. It’s called ‘construction forecasting’. Construction forecasting is not unlike predicting the stock market—anything under the sun can affect it. Forecasters can also work backwards.

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Pro Builder

JANUARY 7, 2022

Home prices were already rising before the COVID-19 pandemic struck in early 2020, but with even greater demand and lower inventory over the past two years, the median existing house price has surged to over $350,000, according to The Washington Post. The script on house prices is still being written.

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Pro Builder

SEPTEMBER 20, 2021

As prognosticators look ahead, one universal observation is the real estate market already had super-heated price appreciation and low inventory before the pandemic, and the factors that created this market will persist to some degree. “We Time will help get more inventory to the market. But [that] doesn’t mean a year. Economics.

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Construction Equipment

OCTOBER 8, 2015

Trucking demand spiked earlier this year due to inventory stockpiling in the second quarter as West Coast ports caught up with backlogs of imports that accumulated during a labor dispute. The trucking industry is preparing for a downturn in demand, reports The Wall Street Journal.

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Pro Builder

FEBRUARY 8, 2022

Home prices are quickly exceeding home buyer budgets as limited inventory pushes affordability further out of reach. The 10 best metropolitan areas for buyers with household incomes between $75,000 and $100,000 were mostly in the South in less expensive areas that have had more new construction. Tue, 02/08/2022 - 11:22. Affordability.

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Pro Builder

MAY 17, 2021

John Burns Real Estate Consulting (JBREC) predicts a fresh wave of rental demand on the horizon as inventory remains low and buyer demand remains high. Inventory of existing homes dipped 27% year over year in the first quarter of 2021, with regional markets offering just two months of supply.

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Pro Builder

JANUARY 7, 2021

Listing inventory remains low and prices continue to rise, giving sellers advantage over buyers. The rising home prices of 2020 are predicted to continue on and although more construction will occur, it is forecasted to make little difference. The biggest problem will be the low levels of inventory met by ever-increasing demand.

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Autodesk Construction Cloud

APRIL 1, 2022

In construction, data flow across project teams and phases is essential to meeting key milestones and tracking performance metrics.?But But connecting data can be a hurdle on jobsites, particularly when coordinating construction resource management and Advanced Work Packaging (AWP) , which require ample planning and collaboration. ? .

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Pro Builder

MAY 11, 2022

Home prices are up 20% year-over-year while housing inventory remains at a record low, but housing experts are downgrading their forecasts for 2022 as rising mortgage rates leave a substantial dent in the rate of home sales, Bill McBride reports in the CalculatedRisk Newsletter.

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Pro Builder

AUGUST 3, 2020

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. Now more than ever, I encourage young people to consider a career in the construction trades,” he says. New Single-Family Home Inventory. NAHB New Chair to Tackle Regulation and Promote Trades. Mon, 08/03/2020 - 13:00. NAHB Housing Policy Briefing.

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Pro Builder

APRIL 26, 2021

Demand for new homes remains high as existing home inventory rests at record lows, but builders continue to hit roadblocks from building materials and supply chain issues. That adds thousands of dollars to the cost of a home, delays construction starts, and disrupts closings, according to the National Association of Home Builders.

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Pro Builder

AUGUST 9, 2021

Dietz says the media has blamed builders limiting sales due to lack of inventory and higher construction costs and that rising home prices have kicked many buyers out of the market. Given higher construction and development costs, and the potential for higher interest rates in the coming years, these variables are worth watching.

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Pro Builder

NOVEMBER 1, 2022

NAHB forecasts a 13% decline in 2022 and an 8% decline for 2023, with the slight moderation in next year’s decline being due to the Federal Reserve pausing interest rate hikes by that time, Dietz says. We will see rising inventory, fewer transactions, and probably falling home prices.”. At rates under 5.5%, there will still be buyers.

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Pro Builder

DECEMBER 14, 2020

In its latest Apartment Analysis and Forecast, JBREC says the future looks bright for suburban apartments and gloomy for urban. Builders are especially busy with nearly all standing inventory sold, so new-home buyers must wait nine to 12 months before their homes are even constructed.

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Pro Builder

JUNE 7, 2022

Marketing Industrialized Construction to Consumers. From July 2019 through July 2020, Rise , a website for consumers and professionals that provides information about sustainable building practices and sells sustainable products, tapped into internet and social media conversations among consumers about off-site home construction.

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Autodesk Construction Cloud

NOVEMBER 16, 2021

Discover the latest updates to Autodesk’s construction software. I’m excited to share the launch of over 50 new feature releases and enhancements across Autodesk Construction Cloud products. Jump to releases by product: Autodesk Construction Cloud Unified Platform. Autodesk Build. Autodesk BIM Collaborate. Bid Board Pro.

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Pro Builder

DECEMBER 21, 2021

Limited inventory is causing yet another increase in home prices at the end of 2021. So even though our new year’s forecast includes more listings and slower home-price growth, buyers may feel so pinched by other expenses that they have to reduce their housing budgets.”. Construction. November Homes for Sale Reach Record Low.

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Autodesk Construction Cloud

MAY 5, 2023

They require flexible solutions that can keep up and make their lives easier whether they are in the office or at the jobsite. Until recently, software applications for managing the finances of construction paid little attention to anyone outside of the back office. Additionally, third-party stakeholder collaboration (e.g.,

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Levelset

JUNE 14, 2022

Construction material costs are rising along with high fuel prices , affecting lead times and project success. Contractors report that supply chain disruptions impact inventory and their ability to forecast for the future. Yet, the gap between completing construction work and getting paid only widens.

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Construction Equipment

MAY 24, 2016

percent to 619,000, above the revised March rate of 531,000 forecasted and is 23.8 month inventory. Sales rose 16.6 above the April 2015 estimate of 500,000. The median selling price for new homes also jumped 9.7 percent to a record $321,100. The April report also shows a 4.7 Existing home sales were up just 1.7 percent in April.

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Viewpoint Construction Technology

MAY 7, 2019

Project managers face challenges in managing materials through the construction process — from constantly changing costs, dealing with lost or erroneous paperwork in the field and ensuring the right materials get to the right jobsite at the right time. Using Viewpoint’s Spectrum Construction Software , contractors like Manhattan, Kan.-based

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Pro Builder

MAY 28, 2020

To the relief of housing professionals, the 23 percent decline in new home sales forecasted for April never came. The pandemic is almost certain to alter consumer preferences going forward, and a new appreciation for cleanliness and safety might sway more buyers to seek newly constructed, never-lived-in homes in the near future.

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Pro Builder

JUNE 18, 2021

Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. NAHB forecasts ongoing growth in single-family construction in 2021, albeit at a lower growth rate than realized in 2020.

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Job Order Contracting

AUGUST 30, 2018

Construction. Construction project delivery methodology. Inventory and maintenance disposition management. The Construction Operations Building information exchange (COBie) has become one of the most widely known data formats. Cost Estimating, Procurement, & Construction Project Delivery and Management Systems.

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Life Cycle Management Construction Education 100

ProcurementExpress.com

JULY 15, 2019

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.

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ProcurementExpress.com

JANUARY 2, 2019

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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Construction Business Owner

JUNE 8, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The fact is we need to get rid of this inventory before demand will increase. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. INSURANCE |.

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Pro Builder

JUNE 6, 2022

history due to low inventories of existing and new homes, low mortgage interest rates (even with recent rate hikes), Baby Boomers downsizing, and Millennials entering the for-sale housing market en masse. Many of them are living off their cash flow and getting upside down on their construction draws, which can be the kiss of death.

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Construction Business Owner

MAY 11, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. The fact is we need to get rid of this inventory before demand will increase. Zillow has revised its forecast and now predicts a bottom in 2012 at the earliest. INSURANCE |.

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Construction Software Software Equity 120

ProcurementExpress.com

JULY 15, 2019

Construction companies face more cash flow challenges than just about any other industry. Let’s take a look: [content_upgrade cu_id=”4502″] Free Download: 6 Forecasting Best Practices All Construction Teams Need to Know[content_upgrade_button]Click Here[/content_upgrade_button][/content_upgrade].

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