Amid market jolt, hiring continues in residential development sector
Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures
by Daniel Houston Jun 3
Lumber prices sawed in half in 2nd pandemic-era plunge
The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction
by Daniel Houston May 31
Construction starts dip as mortgage rates surged in April
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3% last week, up from 2.49% a year ago, according to new data released by the US Census Bureau
by Ben Verde May 18
First rule of housing bubbles? Don't talk about them, economist warns
Zillow Senior Economist Jeff Tucker is skeptical that a housing bubble is looming, but he worries such talk could hurt future buyers in need of homebuilders to continue producing new inventory
by Daniel Houston May 16
Real estate hiring beats national job gains again in March
Brokerages and other real estate companies added 6,300 new jobs in March, a rate of payroll growth that exceeded that of the U.S. at large
by Daniel Houston Apr 1
Tough as nails: Women in construction on getting opportunities today
The construction corporate ladder is a lot steeper for women than men, according to the professionals Inman spoke with, who reported feeling singled out and having to work harder to earn opportunities
by Lillian Dickerson Mar 31
High demand and low inventory is weeding out unqualified buyers
More than 9 in 10 homebuilders reported their homebuyer prospects were either more qualified to buy a new home or about as qualified as the ones from last spring, according to a new survey
by Daniel Houston Mar 8
Real estate workforce grows twice as fast as other sectors in February
Employers in the real estate sector expanded their workforces by nearly 1% in February, roughly doubling the national job growth pace
by Daniel Houston Mar 4
With REDtech, Madelon Group is betting big on modular multifamily
Opinion
This can be a powerful tool for reducing municipal friction, cutting delivery timelines and attracting investors
by Craig C. Rowe Feb 8
Aspen skyline from an overlook in the winter
Last week, the city council voted unanimously to put a moratorium on all new construction and short-term rental permits, in an effort to combat the city's increasing lack of affordable housing
by Lillian Dickerson Dec 15
Builder confidence soars as demand overshadows supply chain issues
Despite shortages of materials, lots and labor, consumer demand beat expectations, according to the National Association of Home Builders/Wells Fargo Housing Market Index
by Lillian Dickerson Nov 16
Cover raises $60M to scale its backyard prefab housing business
The one- or two-unit homes are manufactured off-site and assembled in a property owner's backyard, without the use of a large crane
by Daniel Houston Oct 29
5 tips for helping buyers navigate new home construction
Dealing with a new construction is very different from resale, and agents who understand that difference will ultimately win in this market. Here's what you need to know and how to educate your clients along the way
by Jenny Usaj Oct 15
Meet 49 of the richest people in real estate, according to Forbes
The publication's list of the 400 wealthiest Americans was chock full of real-estate developers, investors and construction moguls
by Daniel Houston Oct 7
The Evergrande crisis: Everything real estate agents need to know
One of China's largest property developers is in dire financial straits and the world is watching. What does it mean for the US housing market, real estate agents and economy?
by Daniel Houston Sep 23