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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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California, New Jersey, and Illinois Top List of Markets Most Vulnerable to a Downturn

Pro Builder

Several regional markets in California, New Jersey, and Illinois are at risk of a downturn as the housing market cools off from a mid-pandemic buying frenzy . The at-risk markets highlighted in the report were nearing a tipping point in measures of home affordability, underwater mortgages, foreclosures, and unemployment.

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These Risky Real Estate Markets Could See a Downturn in the Coming Months

Pro Builder

The 50 most at-risk real estate markets across the U.S. Eight counties in the Chicago metro area and six in New York made ATTOM’s recent list of the 50 most at-risk real estate markets in the nation, Realtor.com reports. Housing Markets. Housing Markets. Thu, 06/23/2022 - 11:54. Market Data + Trends.

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Drought Regions Are Seeing an Influx of New Homebuyers—Here's Why

Pro Builder

Drought Regions Are Seeing an Influx of New Homebuyers—Here's Why. Homebuyers undaunted by severe droughts are heading to at-risk metros like Los Angeles and Las Vegas en masse. Housing Markets. Thu, 09/01/2022 - 10:35. Roughly 74% of U.S. Environmental. Environmental.

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State of the Construction Industry: April Roundup

Viewpoint Construction Technology

Green rooftops on skyscrapers, like this one in downtown Chicago, may soon be required in New York City. 14B ‘Green New Deal’ for NYC Has Opportunities, Drawbacks for Contractors. A $14 billion ‘Green New Deal’ proposed by New York City Mayor Bill de Blasio aims to reduce greenhouse emissions up to 30 percent by 2030.

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Obesity is the biggest ‘chronic’ risk factor for coronavirus hospitalizations, largest US study of COVID-19 finds

Construction Test

Two New York University studies looking at 8,000 patients found being over 65 or having a BMI above 30 were the biggest risk factors for COVID-19 admissions. . A separate study found patients under 60 are twice as likely to need hospital care or ventilation if they were obese, making it the second biggest risk factor.

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Precut Framing Field Test: Does This Off-Site Solution Earn Its Keep?

Pro Builder

Panelized and modular construction are options that seem to make sense to help alleviate issues that plague our industry related to skilled labor shortages, materials supply and pricing, and lack of affordable housing. But these methods are used to build only about 3% of new homes each year. Why is that? Field Study Scope.

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