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Home Prices Increase 17.2%—Is the Housing Market in a Bubble?

Pro Builder

Is the Housing Market in a Bubble? Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory. Bubbles are driven by irrational behaviors driving up prices, yet the housing market’s price acceleration can be pinpointed to low inventory.

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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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How Do Construction Loans Work?

Work Gearz

Building a house seems much more intimidating than buying one. Owner-builder construction loans : It is usual for every builder to build his own house. This is why as long as the builder has the certification to prove that the house, they are building is for themselves, they can apply for this specialized loan.

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NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

NAHB Chairman's Letter: Americans Want Action on Housing Affordability. A recent survey conducted by polling firm Morning Consult on behalf of the National Association of Home Builders shows strong support for policies that would make housing affordable for more Americans. Tue, 01/25/2022 - 20:14. Chuck Fowke, NAHB 2021 Chairman.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Furthermore, this cash flow gap may cause you to miss other profit opportunities, damage your credit rating, and force you to take out loans and create debt. Inventory - Is excess materials or supplies your Construction Company keeps on hand to meet your customer’s needs. Keep your inventory as low as possible.

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Optimize Vs. Maximize Construction Company Production

Contractor Bookkeeping

For Example Overstock Your Truck with every tool you think you may need and loading it to the sky with all the parts and inventory you think you may need and drive hard and fast you are maximizing that resource and that is not a good thing.

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5 Supply-Chain Takeaways ?From the Pandemic

Pro Builder

Sure, the bustling housing cycle will cool at some point, but we should all resist going back to business as usual. And I hope organizations take a closer look at the excess inventory category as well. . But a Lean approach to excess inventory at the distributor level was never meant to equal no inventory.