Wed.Mar 01, 2023

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East Coast Homebuyers Are Relocating for Affordability—Here’s Where They’re Headed

Pro Builder

East Coast Homebuyers Are Relocating for Affordability—Here’s Where They’re Headed ldeakins Wed, 03/01/2023 - 10:35 A growing number of prospective buyers are leaving the East Coast in favor of relatively affordable Sun Belt metros A record 24.9% of Redfin.com users planned a move to a different metro area in January, as elevated housing costs drove up homebuying demand in relatively affordable markets.

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Steps to Make Your Next Construction Project More Profitable

Viewpoint Construction Technology

From lean construction to project communication, we share how to make more profit on construction projects without compromising on quality.

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Pending Home Sales Rose for the Second Consecutive Month in January After Steady Decreases in 2022

Pro Builder

Pending Home Sales Rose for the Second Consecutive Month in January After Steady Decreases in 2022 ldeakins Wed, 03/01/2023 - 11:01 Pending home sales are on the rise nationwide despite elevated mortgage rates and historically high home prices at the start of the spring buying season Pending home sales rose 8.1% in January but were down 24.1% from a year ago as the housing market continued to slow from a mid-pandemic buying frenzy, the National Association of Realtors reports.

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Sharing data is the intelligent thing to do in construction

Construction Dive

Removing silos around project information will be critical for AI’s evolution on jobsites.

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Leading the Way in Construction EHS Software

The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

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These Oversupplied Metros Could See Major Price Drops by Late 2024

Pro Builder

These Oversupplied Metros Could See Major Price Drops by Late 2024 ldeakins Wed, 03/01/2023 - 10:29 Once red-hot housing markets such as Austin, TX, are poised to see substantial home price reductions in the next two years as supply overwhelms demand As elevated housing costs continue to chip away at homebuyer demand nationwide, a few oversupplied metros are at risk of major price reductions in the year ahead, Insider reports.

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West Virginia Wild: Crews Carve Out Corridor H Through the Appalachian Mountains

ENR Construction

When crews with Kokosing Construction Co. began a $209-million design-build contract—the largest of its kind in West Virginia—in 2015, they first had to build roads in order to build the actual road called Corridor H.

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Could tech workers find a home in multifamily?

Construction Dive

As multifamily firms embrace automation, there may be room for professionals who were recently laid off.

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Construction Economics for March 6, 2023

ENR Construction

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.

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What Will It Take to Boost the Number of Women in the Skilled Trades?

Pro Builder

What Will It Take to Boost the Number of Women in the Skilled Trades? ibush Thu, 03/02/2023 - 00:57 Stigma and sexism are keeping the number of women in the skilled trades from growing March 5-11 marks the 25th anniversary of Women in Construction week, but the barriers and biases women face in the construction industry in North America are still significant.

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Optimize Operational Processes With an Industry-Specific ERP

As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

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Space Frame System – Components, Types, Purpose, Applications, Limitations, Design, Advantages and Disadvantages

Learn Civil Engineering

Space frames are also known as Structure frames or 3D frames. A space frame is a three-dimensional structure. These frames are assembled in linear elements arranged to transfer the structure’s load. These frames are designed with no intermediate columns to create large open spaces. Space frames are designed typically by using a rigidity matrix.

Design 52
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Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs

Pro Builder

Mortgage Application Volume Falls to 28-Year Low Amid Rising Costs ldeakins Wed, 03/01/2023 - 10:23 Mortgage demand fell for the third straight week at the close of January as interest rates moved higher The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $726,200 or less increased from 6.62% to 6.71% last week, causing prospective buyers to pull back at the start of what many housing experts hoped would be an active spring buying season.

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McCarthy nabs $215M Sioux Falls water plant expansion

Construction Dive

The project, to be completed by 2025, will increase the capacity of the South Dakota facility by 50%, the firm said.

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Architectural Considerations for a Diverse Streetscape

Pro Builder

Architectural Considerations for a Diverse Streetscape ldeakins Wed, 03/01/2023 - 10:42 Thinking outside of the box about exterior home styles can help builders and designers create a rich, diverse neighborhood When designing a home’s exterior, Housing Design Matters says it’s important to consider a variety of architectural styles with different textures and materials to avoid cookie-cutter neighborhoods lacking individuality.

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The Ultimate Procurement Software Buyer’s Guide

Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

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New app will help attendees navigate CONEXPO

Construction Dive

North America’s largest construction trade show will kick off later this month in Las Vegas.

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Panasonic Picks Turner-Yates JV for $4B Kansas Battery Plant

ENR Construction

Panasonic plans to produce electric vehicle batteries at the 30-GWh-capacity plant in De Soto, Kan.

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Biden to appoint Julie Su as Labor Secretary

Construction Dive

Su is known for cracking down on wage theft, and has long settled disputes between employers and unions.

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Irish Transit Agency Aims to Start Dublin Metro Rail Project in 2025

ENR Construction

The P3 project, 11.7-miles and largely tunneled, could cost between $8 and $13 billion, the government forecasts.

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Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business

Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

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Battery Power to Take Center Stage at CONEXPO 2023

ENR Construction

The rise of battery-powered construction equipment has been a slow-but-steady trend over the last few years as manufacturers look to hit carbon-reduction and net-zero targets in the coming decades.

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Earthquake Damage in Turkey Tops $34B in Latest Estimate

ENR Construction

While a great deal of critical infrastructure is up and running again, an ongoing housing crisis and internal displacements due to a pair of earthquakes last month are still felt acutely in southern Turkey.

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First Tank Wraps at Fast-Track Gulf Coast LNG Export Site

ENR Construction

McDermott completed roof-raise of storage tank last month at Venture Global Plaquemines export site under construction in Louisiana, set to ship gas by 2024.

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Why M.C. Dean Chose and Stuck With 'New View' Safety

ENR Construction

John Bennett, senior VP of the electrical and electronics contractor, answers key questions about the firm's approach to protecting its crews.

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The Specialty Contractor's Guide to Job Cost Accounting

Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

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Industry Leads for the Week of March 6, 2023

ENR Construction

Information derived from Industrial Reports, a market intelligence firm specializing in industrial construction and equipment leads.

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Pulse: Project News for the Week of March 6, 2023

ENR Construction

Project news from Dodge Data & Analytics.

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Biden Picks Su as Labor Secretary Nominee

ENR Construction

Su next moves on to the Senate confirmation process.

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