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Can Rising Mortgage Rates and Waning Competition Counterbalance Housing Affordability?

Pro Builder

The market is shifting as mortgage rates surge to new highs, but a lack of affordability now could mean more savings down the road. Home sales are slowing, inventory is rising, and some sellers are reducing their asking prices to keep buyers in the game. We’re seeing inventory up. Fri, 07/29/2022 - 10:38.

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Is the Housing Market Becoming More Buyer-Friendly?

Pro Builder

A housing slowdown is giving buyers more bargaining power, but as a growing number of sellers opt to stay put, inventory is dwindling. We are seeing demand falling back in the face of strapped budgets and potential sellers staying put, causing inventory to continue to struggle,” [Nicole] Bachaud said. 20-city price index revealed a 1.2%

Housing 98
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47,052 Deficient U.S. Bridges: Report

Construction Equipment

The length of America’s structurally deficient bridges, if placed end-to-end, would span nearly 1,100 miles according to a report by the American Road and Transportation Builders Association (ARTBA). Department of Transportation 2018 National Bridge Inventory,… The group recently released a U.S.

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How To Properly Transport A Crane

Construction Marketing

Having a route mapped ahead of time and an actual on-the-road-through can ensure that such nightmares won’t happen. . You also have to factor in the weather conditions and the road surface as well. . They’re also well-equipped when faced with a couple of hiccups while on the road.

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Rising Mortgage Rates Continue to Price Out a Growing Share of Buyers

Pro Builder

year-over-year for the week ending March 19, while inventory dropped 18% over the same time frame, Realtor.com reports. The window of record-breaking mortgage rates has closed, and the road ahead points to a return toward rates more typical of the past two decades,” Ratiu continues. Home prices were up 14.2%

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Experts Predict a U-Shaped Recovery Spread Out Over Years

Pro Builder

The bad news is it could be a longer road to recovery than first expected, according to a Zillow Home Price Expectations Survey sponsored by Zillow and conducted by Pulse Economics LLC. Inventory and sales have picked up over the past month, though, and a panel of housing experts and economists say the U.S. Thu, 06/04/2020 - 10:04.

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63,000 U.S. Bridges Need Repair: ARTBA

Construction Equipment

The American Road and Transportation Builders Association (ARTBA) analysis of the 2013 National Bridge Inventory database recently released by the U.S. Department of Transportation (USDOT) shows cars, trucks and school buses cross the nation’s more than 63,000 structurally compromised bridges 250 million times every day.