article thumbnail

Home Builder Profitability Reached Highest Level on Record

Pro Builder

Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income data in 1994. The previous record was set in 2006, but 2020’s net profit average of 11.4% beat out 2006’s levels by just 0.25% and exceeded 2019 income by 1.8%. for a net profit of 11.4

article thumbnail

Home Prices Are Starting to Drop Across the U.S.—Here Are the Markets Seeing the Biggest Declines

Pro Builder

head of research at John Burns Real Estate Consulting, expects home prices to drop by mid-single digit percentages over the next two years, and other market experts like Capital Economics’ Matthew Pointon agree. Rick Palacios Jr., Market Data + Trends. Housing Markets. Housing Markets.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction facing safety challenges as work picks up

FDR Safety

in 2006.). A recent report by Marsh Risk Consulting cites a shortage of skilled construction workers in markets across the country, including Pittsburgh, Seattle, and Phoenix. One indicator of those challenges may be an increase in the construction industry’s fatality rate from 9.1 per 100,000 workers in 2011 to 9.5

Safety 120
article thumbnail

Characteristics of Strategic Collaboration and Efficient Construction Project Delivery

Job Order Contracting

transactions faced by public clients, private contractors and consultants in public projects. An evaluation of partnership development in. the construction industry. International Journal of Project Management, 23(8), 611-621. Bennett, J., & Peace, S. Partnering in the construction industry: A code of practice. Bemelmans, J., Journal of.

article thumbnail

A to Z: Seoul’s elevated park features 24,000 alphabetized plants

BD+C

In 2006, safety inspectors deemed the overpass to be unsafe and the city planned to demolish and rebuild it. But further consultation with the city’s residents led to the idea of transforming the overpass into a pedestrian walkway, and a design competition was launched in 2015.

IDEA 40
article thumbnail

Revit OpEd: BIM Coordinator for Civil 3D and Revit

Revit OpEd

Autodesk Labs posted an application that was developed by Autodesk Consulting. Note that it uses a file formatted as ACCSXML (Autodesk Consulting Coordinate System eXtensible Markup Language). ► 2006. ► December 2006. (14). ► October 2006. (5). ► September 2006. (10). ► 2005. (73).

Revit 80
article thumbnail

Starter Home Inventory at Five-Decade Low

Pro Builder

When Kevin Crowder, a 52-year-old homeowner and economic-development consultant, bought his first starter home in 2003, he found a 1,000-square-foot apartment in the Miami area. In 2006, he bought what he said is his largest home ever: a two-bedroom house at 1,250 square feet.