Housing Affordability, Median Incomes Took a Hit in April

Pro Builder

Housing Affordability, Median Incomes Took a Hit in April. As monthly mortgage payments increased double digits in April from March, median family income declined. in April, but any number exceeding 100 means that families with a median income can afford a median-priced home.

Americans’ Personal Income, Savings Increase Double-Digits

Pro Builder

Americans’ Personal Income, Savings Increase Double-Digits. Coronavirus stimulus payments helped to heighten Americans’ personal income by 10% in January, according to data from the Bureau of Economic Analysis. cbroderick. Mon, 03/01/2021 - 09:01.


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103 income-restricted residential units under construction in Downtown Denver


Capitol Square Apartments, a six-story infill development designed by KTGY is set to bring 103 income-restricted units for a range of low- and moderate-income households near the Central Business District of Downtown Denver

Home Prices Outpace Income, Dropping Housing Affordability Rates

Pro Builder

Home Prices Outpace Income, Dropping Housing Affordability Rates. Monthly mortgage payments increased by 20% in May as family incomes increased by a comparatively meager 1.2%, according to the National Association of Realtors’ Housing Affordability Index.

Cash Flow Management And How To Track Income

Contractor Bookkeeping

A wise business owner once said, "Happiness is positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out. A cash crisis can be emotionally devastating, and it can even kill your business.

Navistar Reports $102 M Net Income in Q4

Construction Equipment

Navistar announced fourth quarter 2019 net income of $102 million compared to fourth quarter 2018 net income of $188 million. Navistar reported net income of $221 million for fiscal year 2019, versus net income of $340 million for fiscal year 2018.

Navistar Income Reaches $156 Million in Q3

Construction Equipment

Navistar International announced third quarter 2019 net income of $156 million compared to Q3 2018 net income of $170 million. Adjusted net income in the quarter grew 55 percent to $147 Third quarter adjusted EBITDA was $266 million, compared to $218 million in the same period one year ago.

How To Track Income In Your Bookkeeping System

Contractor Bookkeeping

The one burning question contractors want to know: When is it income? When money comes into the business, at some point it turns into income. Money goes in and out of my business and I don't understand when it is income and when it is not ". Without proper tracking and matching of income and expenses, most construction companies never know if they made a profit until the job is over.

Income Needed to Afford a Home in Every U.S. City

Pro Builder

Income Needed to Afford a Home in Every U.S. metros and the minimum income needed to afford a home. But some less dense cities, such as Toledo, Ohio, only require a minimum income of $17,700 to afford a home. cbroderick. Fri, 03/26/2021 - 09:45.

AECOM Reports Solid Q2 2021 Net Income

ENR Construction

Troy Rudd, AECOM’s chief executive officer, noted the uneven pace of economic recovery

Turn investment income into tax-free income

Contractor Magazine

The higher the income tax rate the nicer the ring. Tax magic. Tax-free" always has a nice ring to it. The old top rate, at 35%, was bad enough. The current highest rate — 39.6% — has created a flurry of activity to legally avoid the tax. read more. Blackman Registered User

Oshkosh Net Income $128.5 Million in Q2

Construction Equipment

Oshkosh’s Q2 net income reached $128.5 Consolidated operating income in Q2 increased 12.3 million compared to $110.8 million in Q2 2018. Consolidated net sales in Q2 increased 5.5 percent to $1.99 billion due to higher access equipment and additional segment sales. percent to $175.6 million, or 8.8

Do You Really Understand Your Balance Sheet and Income Statement?

Green Industry Professionals

Two important financial reports for landscape contractors and 10 critical equations to help maintain a healthy landscaping company

Low-income S House Closer to Mass Production

Jetson Green

A few months ago the firm Vo Trong Nghia Architects of Vietnam unveiled the prototype of the so-called S House, which was aimed at providing a decent and affordable home for low-income families. Green Building alternative energy energy efficiency green building international low income housing modern design residential S House water efficiency wood

Unique High-Profit Contractors Count All Their Income

Contractor Bookkeeping

The Ripple Effect Of Not Counting All Your Income Happens When You Go To The Bank For A Loan. This Income or That Income doesn’t count. Play it straight, report all of your construction company income and if your QuickBooks setup is done right and the bookkeeping entries are clean more often than not you may get a big fat tax refund! You need to be able to show the bank that you have enough sales to pay back the loan.

High-income renters now the fastest-growing housing market segment


High-income renters are now the fastest-growing segment of the housing population, according to a study by Apartment List. The number of households who earn six-figures and choose to rent has grown 48% over the past decade, the study found. Multi-family construction has quadrupled since 2010 and now exceeds pre-recession levels, with most of the activity on the high end

Granite Construction's Q3 income plummets 63% year over year

Construction Dive

During the California-based firm's latest earnings call, CEO James Roberts reiterated the company's commitment to smaller, less risky projects after another quarterly loss

Low-income neighborhoods could benefit most from green roofs


Heat waves are the nation’s deadliest weather hazard, accounting for one-fifth of all deaths caused by natural hazards in the U.S.

Oshkosh 3Q Income, Sales Drop

Construction Equipment

Oshkosh Corporation reported fiscal 2014 third quarter results, with overall sales and income dropping due to a decline in activity in the company''s defense segment. However, the company''s access equipment and commercial segment third quarter sales and income each increased year-over-year.

Incoming PHCC President Jonathan Moyer: Protecting the Image of the Trades

Contractor Magazine

Recently, CONTRACTOR caught up to Moyer to talk about his upcoming tenure as president, and about the industry

Puerto Rican mixed-use, mixed income housing development begins construction


The Jose Gautier Benitez development is officially under construction on a 21-acre site in Caguas, Puerto Rico. The site will be divided into six residential blocks that includes five streets dedicated to family housing, and one reserved for elderly housing

Sustainable Low-Income Housing Built in Tennessee

Jetson Green

The townhouses were designed to provide sustainable, low-income homes for the Chattanooga housing authority. Hefferlin + Kronenberg Architects have completed a project in Chattanooga, Tennessee called the Fairmont Avenue Townhomes. The project was funded by HUD following a nationwide competition between housing authorities. The Fairmont Avenue Townhomes project was also designed to comply with Enterprise Green Communities Criteria and is applying for LEED Platinum for Homes certification.

How Much Income Is Needed to Live In the Largest U.S. Cities?

Pro Builder

How Much Income Is Needed to Live In the Largest U.S. Department of Housing and Urban Development says that residents should keep housing costs to less than 30% of their income. SmartAsset’s list outlines the income needed to keep rent payments within 28%.

Deere Income Falls in 2Q

Construction Equipment

Deere & Company’s net income in the second quarter ended April 30, 2014 was $980.7 For the first six months of 2014, net income attributable to Deere & Company was $1.662 billion compared with $1.734 billion last year million, compared with $1.084 billion in the same period last year.

IRS Extends 2019 Income Tax Payment Deadline—States Soon to Follow

Best Practices Construction Law

In response to the COVID-19 Coronavirus pandemic, Treasury Secretary Steven Mnuchin announced Tuesday that Americans will have until July 15th to pay their 2019 federal income taxes—and without penalties or interest.

IRS 62

Slash your taxable income by $1.2 million

Contractor Magazine

Tell him the amount of his income tax bill (after he was originally thrilled by a great profitable year). for taxable income over $400,000 if single, $450,000 if married. Want to make a grown man cry? For the year 2013 there is an unbelievable increased top rate — 39.6% read more. Blackman Registered User

Mahesh Ramanujam named incoming CEO of U.S. Green Building Council

Contractor Magazine

Green Building Council (USGBC) Board of Directors announced today that USGBC’s Chief Operating Officer Mahesh Ramanujam has been named incoming Chief Executive Officer. The U.S. read more. Green

Oshkosh Nearly Doubles 3Q Income

Construction Equipment

percent in 3Q 2013 compared to 3Q 2012 for Oshkosh, but net income increased 92 percent. billion, and net income was $148.4 Sales increased 2.1 The company cited improved pricing, cost reductions along with higher sales and margins from access equipment that includes JLG, Lull and Skytrak. Net sales for the quarter were $2.2 million

Oshkosh Corp. Income Up for 1Q 2013

Construction Equipment

reported fiscal 2013 first quarter net income of $46.2 Net income was $55.1 reported fiscal 2013 first quarter net income of $46.2 Net income was $55.1 Oshkosh Corp. million, compared to $38.9 million in 2012. million compared to $34.6 million in the first quarter of 2012. Consolidated net sales in the first quarter of fiscal 2013 were $1.76 billion, a decrease of 6.1 percent compared to the prior year first quarter due to a decline in defense segment sales.

Mixed-use, mixed-income development under construction in Salt Lake City


Construction has commenced at 225 South Slate Street in downtown Salt Lake City, a 190-unit, mid-rise and high-rise, mixed-use community.

Komatsu Income, Sales Rise in 3Q

Construction Equipment

announced its third-quarter financial results for its fiscal year ending March 31, 2015, reporting gains in income and sales. For the quarter, net income rose to 38.5 Komatsu Ltd. billion yen ($326 million), up 5.5 percent from 3.65 billion yen ($309 million) a year earlier. Sales totaled 494 billion yen ($4.1 billion), rising 6.4 percent from the same period the year prior. Net sales in North America for the first nine months of FY2014 totaled 227 billion yen ($1.9 billion), a 12.7

Incoming AHRI Chairman Bill Steel: Product 'Sectors' Will Bring a More Inclusive Process

Contractor Magazine

During his inaugural address to AHRI members, incoming AHRI Chairman Bill Steel encouraged AHRI members to take an active role in the upcoming 'reinvention' of the AHRI trade association, and stressed the importance of engaging with congressional representatives

Higher-income renters continue to drive what’s getting built and leased in the multifamily sector


Starts of buildings with five or more housing units rose from December 2018 through December 2019 by 74.6% to a seasonally adjusted annual rate of 536,000, according to preliminary Census Bureau estimates.

Low-income housing doesn’t lower neighborhood housing values


housing markets from 1996 to 2006 found that residential property values near low-income housing were not significantly impacted. . The study looked at more than 3,000 low-income housing projects and their surrounding neighborhoods. Home values within 2,000 feet of low-income housing projects were largely the same as homes between 2,000 and 4,000 feet from these projects An analysis by real-estate listing website Trulia in the 20 highest-priced U.S.

Study: Prevailing wage laws move African American construction workers toward income equality

Construction Dive

The Illinois Economic Policy Institute found that laws can increase African American construction workers' net pay by 24%, and other workers benefit, too

Oshkosh Income Up in 1Q 2014

Construction Equipment

reported a fiscal 2014 first quarter net income of $54.9 Oshkosh Corp. million, compared to $46.3 million in the first quarter of fiscal 2013. . Consolidated net sales in the first quarter of fiscal 2014 were $1.53 billion, a decrease of 12.6 percent compared to the prior year first quarter. Higher sales in each of the company’s non-defense segments were more than offset by lower defense segment sales

Donaldson Reports 1Q Rise in Sales, Income

Construction Equipment

Operating income was $92 million, representing a 25 percent increase from the same period in 2012. Donaldson Co. announced its financial results for its fiscal year 2014 first quarter, ended Oct. 31, 2013. Net sales totaled $599 million, a 2 percent increase from the same period in 2012. Net earnings rose 14 percent from the first quarter of 2012, totaling $62 million

Safer and Better Roof Alternative for Low Income Families

Jetson Green

Related Articles on JetsonGreen.com: Sustainable Low-Income Housing Built in Tennessee. Families from the poorest regions of the world more often than not cover their already lacking homes with corrugated metal roofs. It’s a low cost solution, but in most cases doesn’t prevent leaks, and certainly has very little insulation value. What’s more, they’re often full of toxic substances such as asbestos.

100% affordable housing development features 62-units for low-income households


The Bryant, a 62-unit affordable and supportive housing development in the Bronx, will include 37 units reserved for families coming from New York City’s domestic violence shelters. Services for families who are homeless due to domestic violence will also be included

Navistar Reports $170 Million Net Income in Q3, Revenues $2.6 Billion

Construction Equipment

Navistar announced Q3 2018 net income of $170 million, more than tripling last year’s number of $37 million. Income included a $71 million gain from a one-time settlement. Revenues in the quarter were $2.6 billion, up 18 percent from the same period one year ago due to a 26 percent increase in Core