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Tutor Perini's Q3 income, revenue fall

Construction Dive

The contractor attributes 4% income and 6% revenue declines to continued delays on the California High-Speed Rail and other projects, but said that its $8.5 billion backlog is just shy of its record high.

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California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers

Pro Builder

California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers ldeakins Thu, 06/22/2023 - 12:30 The new proposal aims to significantly expand funding for low-income housing California Representative Maxine Waters introduced three bills on Wednesday that would expand low-income housing and narrow the country’s racial wealth gap.

Income 52
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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.

Income 84
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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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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%. cbroderick. Wed, 08/12/2020 - 10:14. In more than one in four large U.S.

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Migrating Buyers Are Taking Over Regional Markets With Big Budgets

Pro Builder

gap between local and migrational budgets, followed by New York City, where incoming buyers had 26.5% As remote work became permanent for a growing number of Americans in 2021, higher-income buyers were able to expand their home searches, and many flocked to the most in-demand cities offering greater affordability.

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How Much Does a Construction Worker Make?

Building Radar

In this guide, we explore the factors affecting construction worker earnings, the average salaries in different regions, and strategies for maximizing your income. Reports indicate that construction workers in states with booming construction projects, such as California and Texas, tend to earn more.