This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Open construction jobs fell at the end of September to 288,000, down 12% from the previous month and 32% on a year-over-year basis, according to Construction Dive. In September, 3.4% of construction jobs remained unfilled, lower than the 4.5% national average. While some experts attribute this shift in job openings to Hurricane Helene, it is only partially to blame as the decline began much earlier, says Macrina Wilkins, senior research analyst for the Associated General Contractors of America.
Applications for Home Builders Institute’s Schools to Skills Grant application is now open through Dec. 20, 2024, according to the National Association of Home Builders. With the goal of giving more students with the option to enter the residential construction industry, the grant provides schools with needed resources to implement HBI’s Pre-Apprenticeship Certificate Training (PACT) program.
In Q2 2024, the volume of acquisition, development, and construction (AD&C) loans saw its steepest year-over-year decline since 2012, driven largely by high interest rates, according to the National Association of Home Builders’ Eye On Housing blog. During this time, residential construction loans dropped by over 10% compared with the previous year.
If you’ve paid any attention to this column over the last six-plus years, you know I’m a fan of technology and innovation for the housing industry. But artificial intelligence (AI) is different. For all it purports to do and deliver in terms of making aspects of the building business more efficient, I believe AI has at least one basic flaw: the eventual end of human learning.
Meet Pro Builder's 2024 class of energetic, innovative young leaders who represent the future of the housing industry. Congratulations to the 2024 Forty Under 40!
The ongoing housing shortage means more skilled construction workers are needed. How many more? According to a report from the Home Builders Institute, the U.S. will need to hire 723,000 new construction workers per year to address the housing deficit. Currently, there are 8.3 million workers employed in construction throughout the U.S., with 3.4 million of them working in residential construction.
With an ongoing housing shortage, more skilled construction workers are needed. According to a report from the Home Builders Institute, the U.S. will need to hire 723,000 new construction workers per year to address the housing deficit. Currently, there are 8.3 million workers employed in construction throughout the U.S., with 3.4 million of them working in residential construction.
The surging net migration of immigrants into the United States since 2022 is boosting labor availability, job creation, and housing demand, especially in the rental sector
While vinyl windows have advantages, they aren’t all that durable. Andersen’s Fibrex® material, on the other hand, won’t warp, peel or ever need painting.
For Morgan and Jamie Molitor of Construction2Style, “reputation means everything.” But how exactly are they building their reputation? “It’s not just. get in, get out, get paid,” they say. It’s “always trying to do the right thing on a project. trying to do what we would want done in a family member’s home or in our own home.” And one way they’re accomplishing this is by using Andersen® 400 Series windows, the window with fewer callbacks.
Despite dropping mortgage rates, sales of newly built homes remained stagnant in August. According to real estate market platform Zillow, there were 716,000 new-home sales in August, down by 4.7% from the 751,000 sales recorded in July. However, sales were still 9.8% Additionally, there were 467,000 new homes available for sale at the end of August, a 7.8-month supply, up from 7.3 months in July but slightly below the 7.9-month supply in August 2023.
For Morgan and Jamie Molitor of Construction2Style, “reputation means everything.” But how exactly are they building their reputation? “It’s not just. get in, get out, get paid,” they say. It’s “always trying to do the right thing on a project. trying to do what we would want done in a family member’s home or in our own home.” And one way they’re accomplishing this is by using Andersen® 400 Series windows, the window with fewer callbacks.
S-5!, a metal roof attachment manufacturer, has partnered with National Women in Roofing (NWIR) to launch a new scholarship program aimed at supporting women pursuing careers in skilled trades. The NWIR & S-5! Scholarship provides a $2,500 award for trade school education, along with a one-year NWIR membership and personalized mentorship from an experienced member.
Designing a kitchen for a multigenerational household requires careful planning to meet the needs of children, parents, and grandparents. As costs increase and more families opt to live under one roof, kitchens are being used more intensively. Because of this, builders and designers need to think creatively about how specific design choices can affect family dynamics.
Designing a kitchen for a multi-generational household requires careful planning to meet the needs of children, parents, and grandparents. As costs increase and more families opt to live under one roof, kitchens are being used more intensively. Because of this, builders and designers need to think creatively about how specific design choices can impact family dynamics.
Retirement often signals a major shift in a person’s life: many people choose to downsize or move to a more affordable area, or they opt to move in order to enjoy a different lifestyle. With Baby Boomers currently retiring in record numbers, the decisions they make in retirement can affect local economies as Boomer dollars and demand flow to different locales.
Over the first seven months of 2024, the total number of single-family permits issued year-to-date nationwide reached 599,308, which is a 13.7% increase over the July 2023 level of 527,158, the National Association of Home Builders' Eye On Housing blog reports. In contrast, the total number of multifamily permits issued nationwide declined during the same period, reaching 279,618, which is 17.2% below the July 2023 level of 337,730.
Despite continuing economic uncertainty and elevated construction costs, which remain at close to 40% above what they were in February 2020 before the onset of the COVID-19 pandemic, there are signs that builders may get some relief in the coming months. Analysis of U.S. Bureau of Labor Statistics' Producer Price Index data for August 2024 by Associated Builders and Contractors, a national construction industry trade association, shows that although construction input prices did increase sl
A few years ago, Hai “Thomas” Lin was watching mud dauber wasps build nests on his newly purchased home. An assistant professor of civil and environmental engineering at Louisiana State University (LSU), Lin worked on soil improvement—and he was fascinated by the mud daubers’ expert manipulation of dirt.“I had an inspiration,” Lin recalls. “I wondered, Why do mud daubers build those nests, and what are the properties of those nests?
The U.S. housing market has seen dramatic shifts over the past several months, with some markets seeing high demand from buyers because of it. To find out which U.S. cities are seeing the most interest from homebuyers, the ResiClub blog analyzed the sale-to-list ratio of the 250 largest U.S. metros and found that many homes in the Northeast are selling for more than the initial list price.
While women have not historically made up a majority of the construction workforce, Monica Wheaton, vice president of customer success, residential construction division for ECI Software Solutions, is hoping to change that. As an ambassador for the She Built Foundation, Wheaton recently collaborated with the Edmonds School District in Edmonds, Wash. to introduce young students to opportunities in the trades.
New innovations in off-site building construction have increased our ability to address the housing deficit currently plaguing the United States and Canada. Yet for the past decade, precut framing packages, panelized structural components, and volumetric modular construction combined have represented just 3% or less of new-home completions, according to U.S.
As housing becomes more expensive, the amount homebuyers need to earn to afford to purchase a home also grows. According to housing market platform Redfin, homebuyers need to earn approximately $80,000 per year to afford the median-priced starter home, up 4.4% from last summer and only about $500 below the all-time high. That makes starter homes just barely affordable to families earning the median U.S. income, and unaffordable to families earning less than the median income.
Converting nonresidential buildings into multifamily units increases the number of attainable homes in a community, and building codes play a critical role in that process
The amount of time it takes to build a single-family home is increasing. In 2023, the average time to complete a single-family house was 10.1 months, with 1.5 months spent on obtaining authorization and 8.6 months on construction, according to the National Association of Home Builders’ Eye On Housing blog. Since 2015, the time from permit to completion has increased by nearly three months, primarily due to stricter regulations, supply-chain issues, and a shortage of skilled labor.
Our Perspective Multi-Slide Patio Doors are designed with the installer in mind. With predrilled holes, color-coded packaging, and integrated internal parts, installation is quicker and easier. Watch our technical features video to see how these innovations make your job easier.
As builders aim to meet the growing demand for rental housing, the construction of single-family build-to-rent (B2R) homes increased in Q2 2024. According to the National Association of Home Builders’ Eye On Housing blog, there were approximately 23,000 B2R home starts during this time, which is nearly 10% more than the same period in 2023. Over the past year, 83,000 such homes were started, compared with 69,000 starts last year.
The construction industry is projected to see strong growth throughout the rest of 2024. According to For Construction Pros, Dodge Construction Network's 2024 Mid-Year Outlook predicts a positive outlook for the second half of the year across the industry, including in residential construction. Residential building is projected to grow by 10% to $406 billion, with single-family construction increasing by 12% to $259 billion.
Whether it’s looking for an affordable home or looking for a better job, there are a number of reasons homebuyers might want to relocate. Personal finances company WalletHub analyzed 300 cities to determine the best markets for homebuyers right now. Of these cities, several Dallas-area suburbs, such as McKinney and Frisco, Texas, topped the list, with Cary, N.C., ranking third.
Rhode Island builder Jeff Sweenor offers important considerations for picking weather-resistant windows and tips for installing them in oceanfront homes.
Investor activity in the U.S. housing market is stabilizing after several years of fluctuations. In Q2 2024, investor purchases of homes rose by 3.4% year-over-year, marking the largest increase since Q2 2022. According to real estate data tracker Redfin, investors bought $43 billion worth of homes during this period, marking the biggest gain in two years.
The housing market is moving into a neutral position, offering a more balanced environment for both buyers and sellers. According to a report from real estate marketing platform Zillow, July 2024 marked the first time the housing market has been in a neutral position since December 2023. This is due to a recent slowdown in competition causing homes to sit on the market for longer.
The increasing frequency and severity of climate change and extreme weather events are causing damage to property, exacerbating risks for both homeowners and insurers across the U.S. As the current homeowners' insurance market struggles to keep up with these challenges, a nationwide solution could be the answer. According to National Mortgage Professional, one solution being proposed is the Federal Natural Hazard Insurance Corporation (FNHIC).
246
246
Input your email to sign up, or if you already have an account, log in here!
Enter your email address to reset your password. A temporary password will be e‑mailed to you.
We organize all of the trending information in your field so you don't have to. Join 79,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
130 
Let's personalize your content