The headlines are ablaze with news of lumber prices taking a nosedive, prompting questions about the implications for the housing market and construction industry. However, a closer examination reveals that while there is a decline, it’s essential not to misconstrue this as a return to pre-crisis norms. In this post, we dissect the recent developments […]

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In the midst of the 2022 building crisis and real estate market upheavals, homebuyers find themselves in a nightmare scenario. Priced out of many resale homes, some turn to the prospect of a new home build, seeking security in a contract signed months or even a year ago. However, a distressing scenario emerges as they […]

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In the face of a housing shortage crisis, the obvious solution seems clear—build more homes. However, the complexities of the residential housing market make this seemingly straightforward remedy more intricate than one might think. In this exploration, we delve into the nuances of the homebuilding industry, shedding light on the challenges builders face and the […]

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In the complex realm of construction, understanding the roles of licensed contractors, general contractors, and subcontractors is crucial. Additionally, delving into the types of insurance a contractor should possess is equally important to safeguard your project. In this blog post, we unravel the intricacies of the building contracting industry, shedding light on the players involved […]

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The real estate market is in turmoil, with skyrocketing prices, escalating rents, and a frenzied pace in new home construction. Pundits and news stories suggest that the key to resolving this crisis is to build more houses. However, a deeper analysis reveals that the situation is more complex than simply increasing housing stock. In this […]

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The real estate market is witnessing unprecedented challenges, prompting a critical examination of the factors fueling the surge in house prices and deficiencies in new home construction. Is it the cost of materials, labor shortages, or disruptions in the supply chain? The unequivocal answer is that all these elements play a pivotal role. Understanding the […]

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In recent times, the surge in lumber prices, supply chain disruptions, and inflation in various sectors have dominated headlines. While these issues may seem distant, their repercussions are far-reaching, touching on aspects of our lives we may not immediately recognize. One significant area where these challenges manifest is in municipal budgets. The Pulse of Municipal […]

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In today’s uncertain economic landscape, questions about the stability of the housing market loom large. Many are asking, “Is this another housing bubble, and how can we prepare for what comes next?” In this blog post, we’ll explore this topic by delving into a personal story from the housing bubble of 2005. This narrative will […]

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The real estate market is ablaze with activity, but surprisingly, there’s a stark shortage of homes across the country. As demand soars and house prices reach unprecedented heights, one might wonder why builders aren’t seizing this golden opportunity to construct new houses and meet the market demand. In this blog post, we will dissect the […]

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The current state of the real estate market is nothing short of unusual—it’s downright crazy. Buyers are engaged in bidding wars, offering cash above listing prices, and the market is buzzing with activity. What’s the driving force behind this frenzy? A structural imbalance between the supply and demand of houses. In this blog post, we’ll […]

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