Pro Builder

MARCH 31, 2021

Those of us in the lumber and building materials (LBM) industry can recall moments when we’ve uttered, “I’ve never seen anything like this,” when referring to a particular market dynamic. A month later, in March 2020, COVID-19 threw a wrench into everything, causing uncertainty across all industries. Wed, 03/31/2021 - 12:00.

Inventory 124

Inventory Forecasting Risk Environment 124

Constructonomics

JULY 2, 2021

There is hardly any industry around the globe that is not affected by the Coronavirus. In 2020, almost all commercial activities came to a halt for a while and badly affected the economy. The construction industry is no exception. Let’s find out how and what changes should we expect for 2021: Safer Construction Sites.

Industrial 100

Industrial Construction Safety Guidelines 100

Pro Builder

NOVEMBER 9, 2021

A national shortage of skilled construction labor is prolonging a housing crisis defined by low inventory and affordability. Labor shortages are a key restraint in today’s market, but a scarcity of construction workers can be traced back to the Great Recession, when the industry lost over a million employees, Multi-Housing News reports.

Inventory 98

Inventory NAHB Employment Estimating 98

Green Building Law Update

MAY 1, 2022

In 2020, carbon dioxide accounted for about 79% of all U.S. In 2020, methane accounted for about 11% of all U.S. In 2020, nitrous oxide accounted for about 7% of all U.S. Since the Industrial Revolution small amounts of other man made gases have been added to the mix. decreased by about 8% between 1990 and 2020.

Maryland 156

Maryland Regulation Organization Accounting 156

Pro Builder

JULY 31, 2020

2020 Pro Builder Top 100 Products. Fri, 07/31/2020 - 06:00. The Woodstone and Black Marble Collections from Cambria claim to be an industry-first in quartz design, emphasizing wood grain movement and tones in profiles such as Clairidge (shown) and Golden Dragon. Construction Calculator / Calculated Industries. Appliances.

Products 116

Products Design Engineering Remodeling 116

Pro Builder

JUNE 7, 2022

Marketing Industrialized Construction to Consumers. From July 2019 through July 2020, Rise , a website for consumers and professionals that provides information about sustainable building practices and sells sustainable products, tapped into internet and social media conversations among consumers about off-site home construction.

Industrial 98

Industrial Construction Housing Site 98

Pro Builder

JUNE 4, 2020

Will Home Prices Drop in 2020? Thu, 06/04/2020 - 10:13. Low inventory and interest rates are keeping housing prices stable through 2020, but by next April, nine years of annual home prices gains may end, according to a report by CoreLogic. The real estate data company projects that prices will decline 1.3 Read More. .

Forecasting 52

Forecasting Inventory California Resource 52

Pro Builder

DECEMBER 6, 2021

The construction industry is actively hiring and recruiting, but many more new workers are needed to increase housing supply. While declining unemployment rates suggest economic recovery post-pandemic, a persistent shortage of workers leaves the construction industry largely short-handed as it combats a nationwide housing shortage. .

Employment 98

Employment Inventory Housing Industrial 98

Pro Builder

JUNE 14, 2021

New and old challenges confronted the housing industry in 2020, and it may never be the same. How will 2020 be remembered in the history of the U.S. housing industry? It’s kind of hard to remember (or maybe simply not worth the brain space) just how strongly 2020 started for new housing. Mon, 12/06/2021 - 12:00.

Housing 105

Housing Permits Industrial Estimating 105

Pro Builder

OCTOBER 21, 2020

What Comes After Real Estate’s Surprise 2020 Boom? Wed, 10/21/2020 - 12:11. But can this seemingly insatiable demand be hamstrung by supply constraints as inventory is at an all-time low? But market analysts and industry players say current sales cannot be sustained indefinitely. . “We

Sustainability 52

Sustainability Inventory Industrial 52

Pro Builder

APRIL 7, 2021

Leading the Home Building Industry: Pro Builder's 2021 Forty Under 40. For example, starting in the industry with no home-selling experience and rising to be a top producer, division manager, or even developing and leading the training regimen for new salespeople. Wed, 04/07/2021 - 15:02. Hovnanian Homes.

Industrial 98

Industrial El Paso Education Cleveland 98

Pro Builder

JULY 30, 2020

Thu, 07/30/2020 - 09:18. July became another month of record breaking numbers for the housing industry as median home prices shot up to a new all-time high. The total inventory of homes on the market is about a third less—roughly 440,000 properties short—than what existed last summer. Median Home Prices Hit Record High in July.

Inventory 98

Inventory Housing Contract Plans 98

Pro Builder

APRIL 20, 2022

The land market recorded its busiest year in nearly a decade in 2021 as land sales rose 6%, outpacing acquisitions of other commercial real estate properties like single-family rentals (5%), industrial properties (4%), and apartment buildings (2% Class A and 3% Class B/C), the National Association of Realtors reports.

Residential 98

Residential Inventory Housing Accounting 98

Pro Builder

AUGUST 3, 2020

Mon, 08/03/2020 - 13:00. Chuck Fowke named NAHB's new chair; a look at new single-family home inventory. New Single-Family Home Inventory. Industry Data + Research. NAHB New Chair to Tackle Regulation and Promote Trades. NAHB Housing Policy Briefing. Leadership.

NAHB 98

NAHB Regulation Florida Inventory 98

Pro Builder

NOVEMBER 1, 2022

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 In September, the HMI stood at 46, after peaking at 90 in late 2020, and it was 83 in January of this year —for the HMI, anything below 50 indicates poor market conditions.

Housing 98

Housing Inventory NAHB New York City 98

Pro Builder

AUGUST 7, 2020

Housing Industry Growth Stifled as Lumber Prices Soar. Fri, 08/07/2020 - 08:57. For the first half of the year, despite the recession of 2020, new home sales are up 3% compared to the first half of 2019. Sales-adjusted inventory is at just a 4.7-month cbroderick. month supply.

Housing 52

Housing Industrial NAHB Inventory 52

Pro Builder

FEBRUARY 4, 2022

Both the residential construction industry and the U.S. With all of this as context, builders remain optimistic with overall homebuilder sentiment, as measured by the NAHB Housing Market Index, at similar levels compared to early 2021 (although below the peak optimism of late 2020). Market Data + Trends. Housing Markets.

Residential 98

Residential NAHB Housing Inventory 98

Pro Builder

AUGUST 4, 2021

The recent decline in lumber prices began in May, with July lumber futures declining more than 50% since peaking on May 10, according to wood industry price and news service Random Lengths. The news media usually uses futures as a proxy for prices paid by home builders and others. The disconnect is inherent to the lumber supply chain.

NAHB 98

NAHB Remodeling Inventory Income 98

Pro Builder

SEPTEMBER 10, 2020

Thu, 09/10/2020 - 09:46. For the four week period ending August 30, the housing industry saw more record breaking median home price increases and home inventory shortages. Redfin August Report: No Slowdown for the Housing Market. cbroderick. Active listings dropped by 28% from last year, a new all-time low, says Redfin.

Housing 84

Housing Inventory Idaho Oregon 84

Pro Builder

JUNE 18, 2021

Strong buyer demand despite higher home prices, shrinking inventory, a spike in lumber prices, and continuing supply chain issues are just some of the factors in play for the home building industry in 2021. Thanks to a surge in residential investment during 2020, housing’s share of GDP expanded and remains near historic levels.

NAHB 98

NAHB Housing Inventory Residential 98

Pro Builder

FEBRUARY 16, 2022

As limited supply and double-digit price increases push a growing number of prospective buyers out of the housing market, demand for single-family rental homes is hitting an all-time high, but increased competition and a similar lack of inventory are making the rental market an even more difficult alternative. a real estate technology firm.

New York City 98

New York City Income Miami New York 98

Pro Builder

JANUARY 28, 2022

The Desert Comfort net-zero energy home in the Arizona desert weathered its share of delays before construction even started, highlighting inefficiencies in building industry permitting and inspections processes—all exacerbated by the pandemic. When the pandemic first hit in early 2020, Maricopa County, Ariz.—which Andrew Hunt.

Permits 98

Permits Construction Inspections Schedule 98

Pro Builder

OCTOBER 5, 2020

Mon, 10/05/2020 - 10:01. What will be the demise of the housing industry’s unprecedented boom? As more obstacles and hurdles are thrown at the industry, it somehow keeps coming back stronger. According to Fortune, once forbearances are lifted, a wave of foreclosures might be what calms the industry’s unmanageable demand.

Inventory 52

Inventory Housing Bidding America 52

Pro Builder

JUNE 17, 2020

Home Builder Sentiment Soars in Record Monthly Surge, Signaling an Industry Rebound. Wed, 06/17/2020 - 10:20. Inventory is tight, mortgage applications are increasing, interest rates are low and confidence is rising.”. As the summer homebuying season heats up, home builders are relieved to see buyers returning to the market.

NAHB 52

NAHB Industrial New Jersey Inventory 52

Pro Builder

JUNE 12, 2020

Fri, 06/12/2020 - 05:00. The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. Land of Opportunity: How Home Builders Can Get Creative in 2020. But what happens during an industry slowdown ?

Cash Flow 64

Cash Flow Deals Management Inventory 64

Pro Builder

DECEMBER 15, 2020

Tue, 12/15/2020 - 09:29. Inventory remains at a historic low and the overall market continues to feel the effects as home prices increase more than 15%. How Could Biden's Proposed First-Time Buyer Credit Affect the Market? cbroderick.

Washington 76

Washington Finance Inventory Housing 76

Pro Builder

MAY 29, 2020

Fri, 05/29/2020 - 09:47. As condo inventory increases, the demand has decreased, creating what Redfin says is a buyer’s market. Nationwide, the industry has shifted in order to continue doing business and to implement all the necessary safety precautions, but this all looks a little different market-to-market. Not so much.

Miami 52

Miami Inventory Housing Safety 52

Pro Builder

NOVEMBER 2, 2020

Mon, 11/02/2020 - 10:37. Low interest rates, a significant housing inventory deficit, and changing views on housing have bolstered the construction industry like no other, but the demand does not meet the reality of new construction. Combined with the low level of inventory at a 3.6-month thus far in 2020.

NAHB 52

NAHB Inventory Permits Construction 52

Pro Builder

DECEMBER 9, 2021

More job gains have been reported in the second half of 2021, but many more are needed to contend with an industry-wide labor shortage. The number of open construction jobs reached a record of 410,000 unfilled positions in October in the midst of an underbuilt housing market dependent on trade labor for additional inventory.

Inventory 52

Inventory Construction Remodeling Housing 52

Pro Builder

JULY 7, 2022

Still, the construction industry is actively recruiting skilled laborers to add inventory to a largely undersupplied market. The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory. Hiring in the construction sector was little changed at a 4.7% rate in May.

Inventory 52

Inventory NAHB Construction Remodeling 52

Pro Builder

MARCH 17, 2022

It’s been two years since the start of the COVID-19 pandemic, and the latest February 2022 market report reveals just how much the housing industry has changed. Inventory took another hard hit in February, dropping by 48% over a two year period and subsequently pushing housing prices up across the board, Zillow reports.

Housing 52

Housing Raleigh Miami Leases 52

Pro Builder

SEPTEMBER 29, 2021

Sales rose the most in the least-expensive regions, namely the Midwest and South, reflecting how the shift to remote work in some industries gave buyers an incentive to relocate. compared with August 2020. Rising inventory and moderating price conditions are bringing buyers back to the market,” said Lawrence Yun, NAR’s chief economist.

Inventory 52

Inventory Contract Bidding Industrial 52

Pro Builder

AUGUST 28, 2020

Fri, 08/28/2020 - 09:36. Homes are selling at such an unusually rapid pace this summer that the only hiccup which could slow momentum into the fall is running out of houses to sell as inventory continues to shrink. “We Industry Data + Research. No Summer Swoon for July Home Sales. That would bring the full-year total to 5.4

Inventory 52

Inventory Contract Housing Industrial 52

Pro Builder

DECEMBER 4, 2020

Fri, 12/04/2020 - 08:53. Purchases of new homes yet to begin construction help the industry in two main ways: a solid backlog of upcoming construction activity and the possibility of more inventory. Compared to 2019, this is a 10% increase and compared to April 2020, the number has doubled, according to Zillow.

Inventory 52

Inventory Maine Housing Materials 52

Pro Builder

JULY 26, 2020

Sun, 07/26/2020 - 06:00. This is a longer version of an interview that appeared in the July/August 2020 issue of Pro Builder. AD: In a technical sense, the manufactured home industry has already solved the affordability crisis. PB: What about empty retail spaces and the inventory of large suburban homes? Andrés Duany.

Housing 105

Housing Permits Regulation Retail 105

Pro Builder

JULY 1, 2020

Wed, 07/01/2020 - 09:21. The housing industry boomed after shelter-in-place orders were lifted due to factors such as pent-up demand, but the drop in mortgage applications may point to a coming slowdown. Mortgage Applications Decrease for Second Consecutive Week. cbroderick.

Comparison 52

Comparison Inventory Contract Housing 52

Pro Builder

NOVEMBER 17, 2021

Market demand is strong, but can builders tackle industry shortages to keep up? Though market demand is growing, some builders are slowing sales to account for industry-wide shortages and backlogs before starting new projects. Sentiment stood at 90 in November 2020. Homebuilder Confidence Surges From Increased Buyer Demand.

NAHB 52

NAHB Tampa Inventory Florida 52