article thumbnail

January Homes Sold at a Record Pace Despite Low Inventory

Pro Builder

January Homes Sold at a Record Pace Despite Low Inventory. Meanwhile, markets like Minneapolis, Richmond and Washington, D.C., Thu, 02/10/2022 - 09:35. Buyers persevered in an unconventional January market with unyielding price gains and a waning supply of homes. saw the time on the market increase slightly.

article thumbnail

Project Management Technology Tools Helping Contractors Modernize, Streamline Operations—Part 3 of 5

Viewpoint Construction Technology

Effective project management means controlling the data flow and staying on top of transmittals, submittals, RFIs, email communications, change orders, materials, inventory, job cost and WIP reports, labor hours and wages, union rules, safety regulations, insurance and bonding, compliance data and a whole lot more.

professionals

Sign Up for our Newsletter

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

article thumbnail

ZTR Control Systems and iRental Telematic Partnership Aids Cat Rental

Construction Equipment

ZTR Control Systems ' Industrial Internet of Things division in London, Ontario has formed a partnership with Minneapolis-based iRental ( Integrated Rental Systems ) a provider of rental technology specifically designed for Caterpillar (Cat) Rental Stores.

article thumbnail

Rental Market Recovers Faster Than Predicted

Pro Builder

There’s rebalancing in the for-sale market as well with inventory increasing for the third consecutive month and home value growth slowing in many of the largest markets. Chicago, Minneapolis, Seattle, Boston, New York, San Francisco and San Jose. Inventory Rebound Continues. For-sale inventory, while still down 27.6%

article thumbnail

Why Charlotte Could Be the Hottest Housing Market of 2023

Pro Builder

With strong home value appreciation and a healthy inventory of for-sale housing, Charlotte, N.C., With strong forecasted home value growth, a healthy local economy, fast-moving inventory, and a growing share of prospective buyers, Charlotte, NC is predicted to be the hottest housing market of 2023. Thu, 01/12/2023 - 11:25.

article thumbnail

One Expert’s Solutions for a Frenzied U.S. Housing System

Pro Builder

While inventory is being added to locations prone to extreme weather emergencies, supply remains low in urban areas reporting high demand, Fast Company reports. Zoning reform in cities like Minneapolis has made it much easier to get multi-family housing projects approved, and other places are making similar moves.

Housing 52
article thumbnail

First-Time Homebuyers Found No Relief From Rising Prices in Q4 2021

Pro Builder

First-time buyers struggled the most in the wake of record high home prices and a lack of starter inventory, but metros like Pittsburgh and Cleveland offered some relative affordability. Detroit joined this lineup, nudging out Minneapolis and Baltimore. times median first-time buyer income, Cleveland (3.1), St.