The construction industry is undergoing a dynamic shift, influenced by a myriad of factors that extend beyond the surface-level fluctuations. In this exploration, we delve into the data, decipher the hidden factors, and shed light on what lies ahead for contractors, builders, and prospective clients in the next couple of years. Understanding the Producer Price […]

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The landscape of the mortgage industry is undergoing a seismic shift, with mortgage companies shutting down at an alarming rate. The root cause? The volume of new mortgages is plummeting, and refinancing has hit a roadblock as interest rates rise. While the closures have immediate effects on industry professionals and vendors, there’s an often-overlooked ripple […]

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If you’re a builder or contractor it’s not just your client that has to deal with the supply chain issues and the higher prices, even though you pass it along as a cost-plus or a margin on your contract. You probably have higher costs as well or will have very soon. This is a great […]

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The real estate market, akin to a ship navigating turbulent waters, is experiencing significant changes. Home sales volume has taken a hit, influenced by a confluence of factors such as fluctuating interest rates, house prices, and even lumber prices. While this may seem like a temporary setback, understanding the underlying reasons unveils a more nuanced […]

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Look, we’re all trying to have a crystal ball on what’s happening with lumber prices because it affects all of us whether you’re a builder, contractor, homeowner, lender, or even in the lumber industry. Where the prices are going it’s going to affect our future and what plans we make.  So here’s a recent article […]

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Video transcript Is the party over for home construction for new house building contracts? Well according to a survey of the sentiment of large builders, its scary times according to some builders, and they’re slashing production and slowing construction because they feel that the future is not going to be there for buyers. The broad […]

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So if you’re a contractor or handyman or if you’re a consumer looking to hire somebody to do work on your house be aware. That handyman is a category of worker that many times you see advertise on Craigslist or Facebook or, you know even a sign on a bulletin board somewhere that’ll work on […]

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As the economic landscape evolves, the complex dance between inflation and real estate unveils hidden data that often shapes our understanding of what lies ahead. In this blog post, we dissect the nuances of the federal government’s inflation release, offering insights into how these hidden indicators might influence the future of the real estate market. […]

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When bidding on contracts for projects, you may be required to post a bid bond. A bid bond is a security deposit that ensures you will perform if you are the winning bidder. Without it, the project owner or contracting authority may fear you won’t follow through with your proposal and they will not be […]

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In a groundbreaking development within the financial industry, the landscape of lumber trading is undergoing a transformative shift—one that could potentially reshape how lumber prices are navigated and traded. This blog post delves into this intriguing development, offering insights into the innovative changes taking place and the potential ramifications for traders, lumber yards, and sawmills. […]

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