The current state of home building permits is a significant indicator of what lies ahead for property prices, housing availability, and overall market demand. There’s been a notable decline in national single-family home building permits by 12.8 percent year over year, exacerbating the existing shortage of five million homes needed to meet market demands. Factors […]

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In the current real estate climate, homebuyers are facing a daunting challenge – soaring home prices and interest rates that put the dream of homeownership out of reach for many. However, there’s a surprising solution gaining traction: building your own home. In this blog post, we explore the math behind this trend, examining why, in […]

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If you’re part of the home building or construction industry, you might find yourself hailed as a hero in today’s economic narrative. Recent articles suggest that home builders are poised to play a crucial role in rescuing America’s sluggish housing market. Let’s delve into the why and how behind this industry transformation. But before we […]

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As the real estate landscape undergoes dynamic shifts influenced by interest rates and lumber prices, builders find themselves at the epicenter of a complex interplay between market forces. Contrary to conventional expectations, lumber prices continue to defy the surge in mortgage rates, rallying an astonishing 10%. In this blog post, we unravel the intricacies of […]

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As the construction industry faces headwinds from various fronts, the new construction home market, once a beacon of stability in real estate, is beginning to show signs of strain. Over the past year and a half, new homes have played a pivotal role in maintaining a semblance of momentum in the real estate sales industry, […]

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In the dynamic landscape of the construction industry, builders and contractors find themselves at the intersection of opportunity and challenge. This article unpacks recent developments that impact the building trade, from the reported happiness of construction workers to the subtle shifts in the real estate market. The Joy of Building: A Happy Tale in the […]

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Once again, the construction industry takes center stage in major economic news, shaping the very fabric of the United States economy. Beyond its immediate impact on employment and financial investments, construction ripples through various aspects of the economy, influencing interest rates, personal finance, and the elusive goal of addressing the housing gap. In California, a […]

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In recent weeks, ominous signs have emerged for home builders, hinting that the buoyant times in the housing market might be coming to an end. With interest rates surpassing 8% and predictions of reaching 10%, the future looks uncertain for many builders. This blog post delves into the factors contributing to this potential downturn, including […]

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Welcome back to our channel, where we delve into the intricate dynamics of the home building and contractor industry. Today, we bring you two compelling news items that shed light on the hurdles faced by the industry – soaring building costs and prolonged permit delays. Let’s dive into the details. Home Building Costs: Caught in […]

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The lumber industry, often regarded as the backbone of construction and a key player in the larger economy, has been a focal point of discussion in recent times. In 2020 and 2021, major fluctuations in lumber prices sent shockwaves through the real estate market, causing disruptions and supply chain shortages. Now, as we delve into […]

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