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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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Cherokee Nation engages in HUD housing program for skilled workers

Housing Wire

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement. The program’s initial roll-out will take place in Ochelata, Okla.

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The last domino before a recession? Job losses

Housing Wire

From BLS: Below are the areas where the report says jobs were created, and the construction job growth data is encouraging to see. Also, we must be mindful that multifamily construction has been good this year, with rental demand still solid. Job openings are over 11.2 Health of the economy?

Contracts 493
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Can 3-D printed homes help solve the housing crisis?

Housing Wire

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. Ideally, an engineer designs a model of what they want on software, from an air duct to a prosthetic limb, and it is precisely printed out.

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3 Reasons to Add Instant Calculations to Your Construction Bid Templates

GoForrmz

Originally published on 01/19/2021 Improve your construction bid templates with Automatic Calculations As the construction industry embraces the many advantages of digital solutions, it’s critical that your operation keep pace. Calculations within your digital construction forms eventually reach your data collection systems.

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Custom Home Building Contracts

Eyes on Housing

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building gained market share during recent quarters but experienced a notable drop for construction starts at the beginning of 2023. This marks a 22% decline compared to the first.

Contracts 113
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2025 Forecast: Digital Tools Every Construction Business Needs

GoForrmz

Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 trillion in 2021, many construction businesses still struggle with outdated, paper-based processes that slow productivity and create compliance risks.

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