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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

How Employer-Assisted Housing Programs Are Paving a Path to Homeownership. Employer-assisted housing (EAH) programs offer incentives for employees making home purchases. Mon, 05/09/2022 - 10:26.

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Why and how to employ air curtains at industrial doorways

Construction Specifier

For example, brick-and-mortar retail stores decentralized their inventories by switching from warehousing to a more diversified approach for in-store storage. Employees are more apt to pick and choose employment with as many benefits as possible, and air comfort is one of them.

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How the Skilled Labor Shortage Is Slowing New Home Development

Pro Builder

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. As the construction industry struggles to recruit, train, and retain workers, delayed projects and lingering inventory shortages will continue to limit affordability for homebuyers. . Tue, 11/09/2021 - 09:33.

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Declining Unemployment Rates Suggest Economic Recovery Despite Lingering Labor Shortage

Pro Builder

Though many more trade workers are needed to boost inventory and cut down housing demand, a higher labor participation rate and increased wages mean that the national economy is inching closer to full employment. . More workers are getting off the sidelines as employers boost wages. in October to 61.8% from November 2020.

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New Listings Fall as Housing Starts Climb to Record High

Pro Builder

New listings were down 17% year-over-year last week, marking the thirteenth consecutive week of yearly declines, but even as listings fall, inventory is on the rise, says Bill McBride in the CalculatedRisk Newsletter. There are always some people that need to sell; death, divorce, moving for employment are a few reasons.

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Mortgage Rates Highest Since October 2019

Pro Builder

Following strong employment in January, the most prevalent 30-year fixed mortgage rate is steadily rising toward 4.0%, the highest since October 2019, Bill McBride reports in the CalculatedRisk Newsletter. Rates are still historically very low, but have risen sharply from recent lows.

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Northeastern Markets Are Red-Hot During Spring Buying Season

Pro Builder

Both Massachusetts and the larger New England area boast strong employment data, outpacing the U.S. in employment growth over the last year. High housing demand and tight inventory keep upward pressure on prices and, as a result, buyers are looking farther afield for affordability in the region.”

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