Fri.Jul 08, 2022

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Reasons Why Contractor Startups Fail And How To Avoid Them

Contractor Bookkeeping

Many surveys and reports show that nearly half of all new construction companies close their doors within the first five years of opening them. When we speak with contractors who failed, most say it was due to a lack of cash flow. It was pretty obvious, yet when questioned, all of them said they were "Blind-Sided" and were not aware they were running out of cash until it was too late.

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The Fed Has Successfully Kickstarted a Full-Blown Housing Correction, but What Happens From Here?

Pro Builder

The Fed Has Successfully Kickstarted a Full-Blown Housing Correction, but What Happens From Here? ldeakins. Fri, 07/08/2022 - 10:21. The housing market is going through a period of rapid transformation, but what does that mean for buyers in the long run? In order to tame a mid-pandemic housing boom, the Federal Reserve put upward pressure on mortgage rates for the first several months of 2022, but as a correction takes hold, supply and demand seem to finally be balancing out.

Housing 98
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The Research Triangle Region: Your Site’s New Home

Business Facilities

The Research Triangle Region offers access to a diverse talent pool, a desirable standard of living, connections to major metro areas, plus a lower cost of doing business.

Metro 96
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NY, NJ Rail Funding Pact Seen as Big Step Toward $33.7B Gateway Program

ENR Construction

New York and New Jersey will share state-level funding contribution for $1.7-billion Portal North Bridge project, a long-awaited Northeast Corridor upgrade to begin construction later this year.

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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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Rammed Earth Dream Home in Oregon

Natural Building

Inspired by the church missions built in the 18th century in California, Dave Wills thought “If they can last that long, it must be a solid way to build,” explaining why he looked into rammed earth to build his dream home in Philomath, Oregon. The walls are made from earth from a nearby quarry, a small percentage of Portland cement, small amounts of color pigments, a special acrylic sealant.

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Has the Pandemic Housing Boom Come to an End?

Pro Builder

Has the Pandemic Housing Boom Come to an End? ldeakins. Fri, 07/08/2022 - 09:46. A housing slowdown seemed entirely out of reach throughout the infamous pandemic homebuying frenzy, but as mortgage rates continue to climb and buyers pull back, it may now be a reality. For the past two years, home sellers have been in the driver’s seat of a fast-paced housing market while buyers have gone toe to toe for what few listings were available in their respective areas, but that dynamic appears to be chan

Housing 52
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Despite Residential Slowdown, Construction Adds 13K Jobs in June

ENR Construction

Specialty trade contractors added the biggest boost to construction jobs in the month of June, with 11,800 new positions overall.

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A More Balanced Market Is Returning as Competition Eases

Pro Builder

A More Balanced Market Is Returning as Competition Eases. ldeakins. Fri, 07/08/2022 - 09:53. Waning buyer demand and rising inventory levels offer relief for those who can still afford home purchases. After a frenzied start to the year, homebuying conditions are improving as inventories climb, price growth slows, and competition eases nationwide. After months of steady gains, 30-year mortgage rates fell to 5.3% from a 2022 high of 5.81%, and while many prospective buyers remain priced out, those

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Design Firm Page Buys Assets of Bankrupt EYP Group

ENR Construction

The purchase adds to buyer's architecture and engineering range while providing funds for EYP employee-shareholders.

Design 69
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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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Home Builder Perry Bigelow Leaves Behind a Legacy of Leadership, Advocacy, and Innovation

Pro Builder

Home Builder Perry Bigelow Leaves Behind a Legacy of Leadership, Advocacy, and Innovation. ldeakins. Fri, 07/08/2022 - 10:08. Legendary home builder and industry trailblazer Perry Bigelow passed away on July 4th, but his lifelong dedication to sustainable and affordable building is upheld by Bigelow Homes, the company he leaves behind. Perry Bigelow, founder of Bigelow Homes, passed away on July 4th after dedicating much of his life to serving the home building community and advocating for susta

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Page Buys Assets of Bankrupt EYP Group

ENR Construction

The purchase adds to Page's range while providing funds for EYP employee-shareholders.

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As Higher Mortgage Rates Price Out Buyers, an Affordability Crisis Widens

Pro Builder

As Higher Mortgage Rates Price Out Buyers, an Affordability Crisis Widens. ldeakins. Fri, 07/08/2022 - 10:14. Rising mortgage rates are cooling a long overheated housing market, but not all buyers benefit from the most recent series of rate hikes. Mortgage rates are roughly 2.5% higher than the average 3.2% rate posted during the first week of the year, meaning that buyers need to spend an extra $800 each month to purchase a median-priced home.

Income 52
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Solve Your Staffing Problems With the Right Tools

Construction Business Owner

Solve Your Staffing Problems With the Right Tools. How BambooHR meets the top 3 construction industry HR challenges. mhodges. Fri, 07/08/2022 - 11:19. Using the right tool for the job makes all the difference. While so many jobs have benefited from technological advancements, the world has yet to see a digital jackhammer or a cloud-based crane. That said, there are many ways BambooHR can help meet the top three HR-related challenges faced by construction industry administrators and employees.

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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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How Has Covid Affected the Construction Industry?

Lets Build

In many respects, the answer to the question “How has COVID affected the construction industry?” is “less than most other sectors.” Despite a temporary halt in construction during pandemic lockdowns, the impact on construction was relatively short-lived. Because this was internationally viewed as an essential industry, often taking place outside, construction companies and their staff were able to resume something approaching normal working conditions surprisingly rapidly.

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All About Transom Window | What Is a Transom Window | Types of Transom Window

CivilJungle

What is a Transom? The transom is blank of the window, but it is one kind of beam which divide the upper of the door and window from the wall volume. The chief motive of offering transom is to take the burden. This word is discover from the Latin word Trans which is known as across, and summer, known as carrying. What Is a Transom Window? A transom window known as that design raised the door and window of the building.

Design 52