4 reasons contractors need the latest field inventory tracking systems

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Mobile, cloud-based systems offer better productivity, inventory optimization, compliance and revenue generation

Inventory, Service, and Productivity

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Reviews of Acctivate Inventory and Business Management Software, 3C Connect service management software, and PipelineDeals CRM software

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Homebuying Activity Returns as Inventory Increases

Pro Builder

Homebuying Activity Returns as Inventory Increases. An uptick in homebuying activity in June after months of decline shows slowed buying activity resulted from low inventory, says the National Association of Realtors (NAR). June housing inventory was up 3.3%

Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. months of inventory to come as a result.

Record Low New Home Sales and Construction Inventory

Pro Builder

Record Low New Home Sales and Construction Inventory. After a boom in new home sales during the first months of the pandemic, rates are steadily declining year-over-year with an inventory supply just above the record low of 33 thousand, according to the CalculatedRisk Newsletter.

Local Housing Markets Report Low Inventory in October

Pro Builder

Local Housing Markets Report Low Inventory in October. Housing inventory is reaching record lows—here’s what to expect in the months ahead. Local housing markets reported low inventory for the month of October, and markets in Jacksonville, Miami, and San Diego even reached record lows.

Over 2 Million More Construction Workers Needed to Combat Low Housing Inventory

Pro Builder

Over 2 Million More Construction Workers Needed to Combat Low Housing Inventory. As demand for new homes grows, a lack of skilled construction labor continues to limit inventory and affordability. ldeakins. Mon, 11/08/2021 - 09:37.

Will Vaccines Boost Housing Inventory?

Pro Builder

Will Vaccines Boost Housing Inventory? Harsh winter weather and ever-dropping housing inventory can be to blame for the recent drop in pending home sales. cbroderick. Mon, 04/12/2021 - 09:08.

Calculations, Inventory, Service and More

Contractor Magazine

Software designed to streamline the use of Manual J calculations, a cloud-based collaborative inventory management solution, service management software for contractors with residential and commercial clients and more

Salt Inventory Management Best Practices

Green Industry Professionals

Tips and tools to help manage salt and deicing inventory in a time where needs are harder to forecast and supplies are more difficult to secure

Is Housing Inventory Much Lower Than We Think it is?

Pro Builder

Is Housing Inventory Much Lower Than We Think it is? It seems likely that active inventory is down close to 25% year-over-year, rather than 13.4%. Inventory is very low, and was down 13.4% It seems likely that active inventory is down close to 25% year-over-year.

Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually

Pro Builder

Buyers Face Tough Conditions as Housing Inventory Drops 43% Annually. If homebuyers are fed up with the rising home prices and low inventory now, the upcoming spring homebuying season could make this season look effortless.

New Construction Hits Record Highs as Inventory Posts Record Lows

Pro Builder

New Construction Hits Record Highs as Inventory Posts Record Lows. cbroderick. Thu, 05/06/2021 - 09:48. The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief.

Inventory Shortage, Rising Prices Affect Luxury Market

Pro Builder

Inventory Shortage, Rising Prices Affect Luxury Market. The luxury home market has experienced the same buying frenzy seen in the middle and lower ends of the market, resulting in rising home prices and fast-moving inventory. cbroderick. Thu, 07/29/2021 - 10:29.

Starter Home Inventory at Five-Decade Low

Pro Builder

Starter Home Inventory at Five-Decade Low. Freddie Mac defines entry-level housing as homes up to 1,400 square feet, and inventory for those homes is now at a five-decade low, reports Realtor.com. cbroderick. Thu, 07/22/2021 - 10:15.

As Spring Buying Season Approaches, Inventory Drops

Pro Builder

As Spring Buying Season Approaches, Inventory Drops. Buyers entering the housing market in the spring buying season will face difficulties as housing inventory dropped nearly 50% compared to 2020. A 25% increase in listings is needed to bring inventory back to April 2020’s level.

New Federal Reserve Study Seeks Answers for Housing Inventory Decline

Pro Builder

New Federal Reserve Study Seeks Answers for Housing Inventory Decline. A new study by the Federal Reserve sought to discover whether the lack of inventory caused rising home prices. Some counties reported 60% year-over-year declines for inventory, others saw 30% drops, says MarketWatch.

Monthly Housing Inventory Drop Improved Slightly in April

Pro Builder

Monthly Housing Inventory Drop Improved Slightly in April. Back in March, there were signs of a possible upturn in inventory for the month of April, yet housing inventory dipped 1.4% Inventory was down 30.3% cbroderick. Tue, 05/18/2021 - 09:25.

Existing Home Sales Soared in 2020 Despite Record Low Inventory

Pro Builder

Existing Home Sales Soared in 2020 Despite Record Low Inventory. If housing inventory were robust enough to meet current demand, there may have been nearly 8 million sales closed, says the National Association of Realtors chief economist.

Ritchie Bros. Offers Free Online Inventory Mgmt System

Construction Equipment

Asset Solutions has developed a free, cloud-based Inventory Management System (IMS) designed to aid asset management and disposition. Ritchie Bros. The system allows users to upload their entire fleet, with photos and detailed equipment info, into a mobile-friendly dashboard.

Housing Inventory Shows Promising Signs of Potential Rebound

Pro Builder

Housing Inventory Shows Promising Signs of Potential Rebound. Housing inventory began to show its first signs of a rebound in March when stock took a much shallower dip and even increased from February in some markets. For-sale inventory dropped 1.1%

A-Plant inventory under the hammer

Digger Blog

A-Plant clearly looks after its equipment reasonably well, judging by the success of a recent auction of surplus inventory. A-Plant clearly looks after its equipment reasonably well, judging by the success of a recent auction of surplus inventory. Read Full Article: The Construction Index

Homebuyers in Search of Space Will Face Historically Low Inventory 

Pro Builder

Homebuyers in Search of Space Will Face Historically Low Inventory . Even before the pandemic, the housing industry struggled with the lack of housing inventory, especially at the affordable end. acebulski. Thu, 06/11/2020 - 10:17.

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory

Pro Builder

Buyers Lower Expectations After Third Straight Quarter of Low Housing Inventory. Another way to assess buyers’ perceptions on inventory is to ask whether they are seeing more/fewer/about the same number of homes (that they like and can afford) available on the market.

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages

Pro Builder

If Home Prices and Inventory Weren’t Enough, Buyers Now Struggle to Get Mortgages. Mortgage credit availability has reached near its lowest level since 2014, adding another hurdle for prospective buyers on top of low inventory and rising home prices.

Rolling stock and inventory

Contractor Magazine

Looking for a list. To belabor a much overused cliché — this ain’t rocket science! Stocking a service truck so that you can work off of it is a must. read more. Schwartz Silver

New-Home Inventory at Three-Year Low as Sales Outpace Construction

Pro Builder

New-Home Inventory at Three-Year Low as Sales Outpace Construction. The historic margin of new-home sales versus construction starts from the end of summer are continuing to affect overall new-home inventories. Inventories for new homes are now at a three-year low.

Single-Family Built-for-Rent Inventory Jumps 50% From 2019

Pro Builder

Single-Family Built-for-Rent Inventory Jumps 50% From 2019. cbroderick. Fri, 02/19/2021 - 09:43. Construction starts for single-family, built-for-rent homes increased 50% last quarter compared to the fourth quarter of 2019.

Housing Inventory Continues to Dwindle As Prices Advance

Pro Builder

Housing Inventory Continues to Dwindle As Prices Advance. Homes on the market lag far behind last year's available inventory. cbroderick. Fri, 10/02/2020 - 09:47. In a normal world, buyer demand would have most likely eased up in October, but it does not appear to be headed that way.

Weekly New Listings, Pending Sales Spike, While Inventory Remains Tight

Pro Builder

Weekly New Listings, Pending Sales Spike, While Inventory Remains Tight. Buyers and sellers are returning to market as states reopen and public health policies gain clarity, and though inventory remains sparse, the housing market is looking better than it has in months.

Despite Low Inventory, Buyers are Positive About Housing Availability

Pro Builder

Despite Low Inventory, Buyers are Positive About Housing Availability. cbroderick. Tue, 02/02/2021 - 09:12. Prospective homebuyers were more negative about the housing market conditions, specifically housing availability, in 2019 compared to 2020, according to the National Association of Home Builders’ Housing Trends Report.

Inventory Aging and Turnover Data

Green Industry Professionals

Inventory aging and turnover data provided by GE Capital for dealer comparison and business planning

Here's What Housing Economists Say About Remote Work and Housing Inventory

Pro Builder

Here's What Housing Economists Say About Remote Work and Housing Inventory. Zillow’s Quarter One Zillow Home Price Expectations survey questioned more than 100 industry experts on their views of the rental market, inventory, expectations for home value growth, and more.

Is the Pandemic Entirely to Blame for Record-Low Housing Inventory?

Pro Builder

Is the Pandemic Entirely to Blame for Record-Low Housing Inventory? The same can be said for record-low housing inventory. That’s a record-shattering decline in inventory, following years of steady erosion. cbroderick. Fri, 02/26/2021 - 09:26.

Thomas Beadel on Splitting Lots and Doubling Inventory

Pro Builder

Thomas Beadel on Splitting Lots and Doubling Inventory. The business model for Thomas James Homes' Trademark by TJH brand brings more opportunities for buyers in neighborhoods where inventory is tight. mbeirne. Wed, 09/30/2020 - 06:00.

Milwaukee Tool Continues to Enhance ONE-KEY Platform for Inventory Management and Tool Customization

Construction Junkie

While the systems 3 core pillars (Inventory Management, Tool Tracking, and Smart Tool Technology) remain unchanged today, the company has continued to develop and enhance the capabilities of the system in many different ways. Inventory Management There are very few contractors that work on only one project at a time and managing the quantities, locations, and history of their tools and equipment can be a huge challenge. ONE-KEY™ Asset ID Tags, courtesy of Milwaukee Tool.

Denver Listings Gone in Five Days with Inventory at Record Low

Pro Builder

Denver Listings Gone in Five Days with Inventory at Record Low. cbroderick. Thu, 03/04/2021 - 09:36. The Denver metro area has consistently averaged 13,531 active listings by the end of February since 1985.

An Influx of Buyers Nearly Dries Out Palm Beach's High-End Inventory

Pro Builder

An Influx of Buyers Nearly Dries Out Palm Beach's High-End Inventory. Compared to last year, there are 79% fewer homes for sale, bringing Palm Beach’s housing inventory down to a five or less month supply. cbroderick. Fri, 10/16/2020 - 09:16.

Miami 52

Simplex Equipment Rental Adds New Rental & Inventory Software

Construction Equipment

Point of Rental Software, provider of rental and inventory management software, recently installed its Elite ERP product in Simplex Equipment Renta l’s 41 locations throughout Quebec and eastern Ontario that provide tools and equipment for individuals, businesses, and the construction industry

Navistar Financial Extends Dealer Inventory Funding Facility

Construction Equipment

has signed agreements to extend its $500 million dealer inventory funding facility an additional six months. Navistar Financial Corporation (NFC), an affiliate of Navistar Inc., The facility, which is funded through three of NFC''s major relationship banks, now extends through September of 2014