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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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Challenging Times = Emerging Sales Opportunities

Pro Builder

Upon graduating from the United States Naval Academy and serving six years as a naval officer, Klein began his career as a salesperson/manager for the resale division of a residential developer in California, where he observed the differences between on-site builder sales and resales and the potential to bring the two together. .

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BIM for FM

Job Order Contracting

BIM’s collaborative LEAN construction process are beneficial for all types of projects – public and private sector and all types of properties – hospitals, commercial buildings, residential buildings, etc. 8. Cost of implementation is insignificant versus cost savings. info@4BT.US. [1] Learn more… [contact-form].

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August Billings Stabilize After Four Straight Declines

PSMJ Resources

Residential firms saw healthy gains, providing further evidence that the residential construction sector is in recovery, however, commercial/industrial firms reported their fourth straight monthly decline. Construction employment hardly changed at all in July and August, and manufacturing employment saw a rare decline in August.

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Seven Traits of Profitable Specialty Contractors

Fieldwire

Investment in equipment maintenance, along with up-to-date inventories and maintenance records, can help avoid costly down time and inefficient performance. Profitable firms also recognize the importance of maintaining those tools and keeping them in top working order. And tools include more than hammers, drills and other traditional items.

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Locus Energy Moves From NYC to Hoboken, NJ

Buisness Facilities Contributed Content

Founded in 2007, Locus Energy offers a technology platform providing automated monitoring support and data analytics for distributed generation systems in the residential, commercial, utility and industrial markets. Locus Energy also received a $1.45

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#102:  The State of Residential Construction

NH Construction Law

One would expect the shortage of inventory and high prices of existing homes to spark a boom in new residential construction. Wages may go up, but so will employment. and a more attractive place for the wealthy to live and retire – a shot in the arm for high end residential construction. higher than May 2020).