Items Tagged with 'construction costs'

ARTICLES

  • From HW Magazine

    The Multifamily Movement: Renting steps into the spotlight

    More Americans are opting for apartment-style living
    Favored as one of the most stable real estate investments, and quickly becoming America’s abode of choice, apartments are inching toward center stage in the residential real estate realm. Skyrocketing home prices, hefty interest rates and demographic trends are creating a perfect storm for multifamily to step into the spotlight. There are 111,054,354 renters in the U.S., according to the U.S. Census Bureau. This represents 35% of the U.S. population, and that number is increasing as people continue to move from rural or low-growth areas to national job nodes.
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  • ATTOM: Housing affordability falls to 10-year low

    New data reveals housing affordability index has sunk to lowest point since Q3 2008
    According to a report from ATTOM Data Solutions, housing affordability during the first quarter fell to its lowest point since the third quarter of 2008. Put simply, housing is more expensive right now than at any point since the financial crisis.
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  • How much are government regulations costing multifamily developers? Hint: A lot

    New study shows the impact of regulations on the multifamily industry
    Despite the Trump administration's ongoing regulatory rollback, government regulations still make up a healthy chunk of the cost of multifamily building, according to a newly released study from the National Association of Home Builders and the National Multifamily Housing Council. How much exactly? Well, you'll have to click to find out.
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  • Skender: How to build better cheaper

    Construction firm, Skender, releases 101 tips to cut the rising costs of construction
    Rising construction costs have put a strain on housing affordability in the U.S. To help mitigate these costs, Skender, a full-service construction company, put together 101 best practices for quality construction on the cheap.
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  • Homebuilders see boost in confidence in May

    Builder confidence increases two points
    Homebuilder confidence rose two points to 70 in May after a downwardly revised April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index. The tough break is what everyone has been talking about lately: rising building costs are making it nearly impossible to meet the demand for reasonably priced starter homes.
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  • Construction startup Buildup raises $7 million

    Service digitizes jobsite management
    Buildup, a California-based startup that offers a mobile collaboration and task management platform for construction jobsites, announced recently that it raised $7 million in a Series A funding round. The company said that it plans to use the funding to expand the company's engineering, sales, and marketing teams.
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  • Built raises $21 million, aims to revolutionize construction lending

    Plans to use money to expand in residential and commercial construction
    Built, a provider of construction lending automation software and a 2017 HW Tech100 honoree as one of the top technology companies in the housing industry, announced this week that it raised $21 million that it plans to use to “transform” the construction lending industry.
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  • Moody's: Canadian lumber tariff may take up to 6 months to impact U.S. homebuilders

    Chart breaks down where the impact hits home prices
    The Trump administration recently announced a tariff on Canadian softwood lumber imported into the U.S. to address a long-standing issue between the two countries. And while Canadian lumber producers, as intended, will feel the impact immediately, so will U.S. homebuilders. The main difference is that it could take U.S. homebuilders up to six months to feel the financial blow.
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