After facing delays last year due to market uncertainties, the Procore IPO has finally made its debut. Procore offers a unique set of software platforms designed to streamline construction processes, connecting builders with subcontractors, suppliers, and various stakeholders involved in a construction project. This blog explores the significance of the Procore IPO and how its […]

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In the past 12 to 18 months, the escalating prices of lumber and homes have become dominant topics of discussion for builders, contractors, and homebuyers alike. As the industry grapples with uncertainties about the future trajectory of housing prices and lumber costs, insights from unexpected sources, such as the insurance industry, can shed valuable light […]

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For builders navigating the complex landscape of insurance, one often overlooked but crucial aspect is Inland Marine Insurance. Despite its maritime-sounding name, this insurance is not just for boat owners; it’s a versatile coverage that safeguards against risks that may not neatly fit into other categories. Let’s delve into what Inland Marine Insurance entails and […]

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As the housing market continues to grapple with skyrocketing lumber prices, builders, homeowners, and contractors are actively seeking ways to mitigate these escalating costs. A recent Bloomberg article highlighted the trend of builders exploring alternative options as futures prices for lumber experience fluctuations. This blog delves into five possible alternatives that can serve as cost-effective […]

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As a general contractor, one of the most frequent questions we encounter is, “What is the cost to build a house or undertake a major renovation?” The answer, of course, is not straightforward, as construction involves various expenses ranging from site acquisition to finishes. In this article, we’ll break down these costs and explore key […]

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In a surprising turn of events, despite the construction industry experiencing some of the highest demand in decades, there’s a notable reduction in the workforce. This revelation comes from a Yahoo article, sourced from Axios, shedding light on the struggles faced by construction workers on job sites. The primary culprit? A sharp decline in specialty […]

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If you’re part of the building industry, you’re likely keeping a close eye on headlines that suggest a surge in new home construction. While the initial reaction might be one of optimism, delving into the numbers reveals a more intricate picture that holds crucial implications for builders and the overall housing inventory. Understanding the Surge: […]

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Just when there were inklings of relief in the construction industry, with whispers of lumber prices settling down and real estate availability going up, recent developments have taken a different turn. Two articles released today shed light on the resurgence of skyrocketing lumber prices and a dip in real estate availability, bringing new challenges to […]

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The housing market has become a whirlwind of surges and drops, leaving potential homebuyers and builders grappling with uncertainties. This journey through the twists and turns of the industry has been notably influenced by the complexities of building contracting. In this exploration, we delve into how building contracting affects homeownership, home buying, and the overall […]

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In a long-awaited move, Procore, a powerhouse in construction management software, has finally entered the IPO arena. Despite facing delays last year due to market uncertainties, the Procore IPO has now become a reality, marking a significant milestone for the construction industry. Unveiling Procore: Connecting Builders, Subs, and Materials Procore offers a distinctive set of […]

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