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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Housing Outlook: Is This a Recession … or Not? The current housing slowdown is a reality, but determining whether we’re in a recession right now isn’t so clear. After a two-year period of frenetic activity spurred by low mortgage rates and rising home prices, the housing industry has its finger on the reset button. “I

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NAHB New Chair to Tackle Regulation and Promote Trades

Pro Builder

Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. NAHB Housing Policy Briefing. Even as the nation grapples with the economic effects of the COVID-19 pandemic , Fowke plans to continue the association’s emphasis on improving housing affordability. “We New Single-Family Home Inventory.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. Jeff Benach, co-principal at Lexington Homes, in Chicago, says his team regularly examines financial scenarios to forecast what the numbers could look like if sales declined by 10%, 20%, and so on. Then, poof!

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

The National Retail Federation (NRF)—the nation’s largest retail trade group—recently released its 2016 economic forecast. Lower gas prices are creating more discretionary income to save, pay down debt and spend on travel, eating out and personal services. Keys to the Cape’s Forecast. percent accounting for the added inventory.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

With such a large inventory of bridges and a sizeable backlog of repair needs, we looked to innovative solutions to address the problem,” said PennDOT Secretary Leslie S. Navagant Research forecasts that the global SGaaS market, estimated at $1.7 Once-abandoned buildings now house co-working spaces and incubators.

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