Economy: Page 51
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Midwest, East Coast have best millennial job, housing prospects
Recent college graduates can find the optimal balance between housing costs and earning potential in revived inland and coastal markets, according to a new study.
By Mary Tyler March • May 11, 2017 -
Study: Construction workers in southern US lack employment benefits
The Workers Defense Project found that 40% of construction workers in Houston have no health insurance, retirement savings, paid vacations or sick leave.
By Kim Slowey • May 11, 2017 -
Boston construction activity booming with 14M square feet of development underway
That rapid pace has sparked concern that developers are creating a glut of luxury housing and office space in the city.
By Kim Slowey • May 11, 2017 -
UPDATE: Tesla's solar shingles are now available for pre-order
The company says the system will cost roughly $21.85 per square foot and that it will include a mix of solar and non-solar shingles that look the same from the ground.
By Hallie Busta • May 10, 2017 -
Rare patch of for-sale land could bring more housing to Seattle
Though it’s uncertain who will buy the 17.8-acre parcel and what they will do with it, the land could hold up to 90 single-family homes — a boon to the city's tight market.
By Katy Tomasulo • May 10, 2017 -
PulteGroup plans to shed 4,600 inactive, underutilized lots
The move follows an internal review of the company’s land portfolio with the goal of achieving higher returns on invested capital.
By Katy Tomasulo • May 10, 2017 -
Deep Dive
Round 1: What the latest Canadian lumber tariffs mean for US housing
A new tax on Canadian softwood lumber imports has the U.S. construction industry weighing supply and demand ahead of possible additional duties.
By Katy Tomasulo • May 10, 2017 -
Deep Dive
When tech comes to town: How corporate hubs are driving community development
Tech companies bring more than direct employment benefits, as their presence can be a catalyst for new transportation, housing and entertainment options.
By Kim Slowey • May 9, 2017 -
Warren Buffett's Clayton Homes adds tiny houses to its lineup
The country's largest modular and manufactured homebuilder is furthering its position in the offsite category with its latest move in permanent housing.
By Katy Tomasulo • May 9, 2017 -
Investors ramp up infrastructure focus in 2017
Infrastructure-related investment has reached $460 million so far this year amid optimism regarding Trump's potential program and the FAST Act already in place.
By Kim Slowey • May 9, 2017 -
Home prices up, supply down in Las Vegas
After years of booming activity, the Great Recession hit Sin City hard. But new commercial projects could bode well for a residential construction revival.
By Katy Tomasulo • May 9, 2017 -
These housing markets had the biggest post-crash recoveries
Cities with the most robust comebacks are home to higher education and research facilities and have a young, educated workforce, according to Realtor.com.
By Mary Tyler March • May 9, 2017 -
Opinion
6 hiring moves to beat the labor shortage
From posting Facebook ads to recruiting employees' friends and family, one electrical contractor explains how he's staying staffed in a competitive hiring market.
By Jon Dumbauld • May 9, 2017 -
Dodge Momentum Index falls 5% after 6 straight months of gains
The institutional sector, which drove previous increases in the index, dropped 12%, while the commercial segment remained almost flat.
By Kim Slowey • May 8, 2017 -
More homes are sold for less in late summer
Homes sold in August or September will likely face more competition and bigger price cuts than those on the market earlier in the year, according to Zillow.
By Mary Tyler March • May 8, 2017 -
Construction employment sees moderate growth in April
The recent slowdown in hiring activity comes after the industry added nearly 100,000 jobs in the first two months of 2017.
By Mary Tyler March • May 5, 2017 -
Despite Q1 dip, optimism in 55+ market expected to stay strong
New construction and remodeling activity in the segment will likely hold steady over the next decade as baby boomers downsize or renovate to age in place.
By Katy Tomasulo • May 5, 2017 -
US housing markets back to 'normal,' but permits lag
While employment and home prices are at or above normal activity, single-family permits are behind by half, according to the National Association of Home Builders.
By Mary Tyler March • May 5, 2017 -
First-time buyers, millennials drive home-improvement spending
More than half of homeowners surveyed by Houzz said they plan to complete or start a renovation or repair project in 2017.
By Mary Tyler March • May 4, 2017 -
One-third of US home values are back to pre-recession levels
A drawn-out foreclosure crisis and the more recent rise in home prices extends full-value recovery to September 2025, according to Trulia.
By Katy Tomasulo • May 4, 2017 -
OR tiny house bill moves to state Senate
Lawmakers cited the housing shortage as a primary motivator for the building code change, which applies to prefab and site-built homes of less than 400 square feet.
By Katy Tomasulo • May 4, 2017 -
New Zillow website focuses on first-time buyers
Sharing total monthly costs for home listings helps new buyers understand the total investment required for homeownership relative to renting.
By Katy Tomasulo • May 3, 2017 -
JLL forecasts positive outlook for 2017 office market, slight rise in vacancy rates
The real estate firm said tenants are paying more for high-quality space, but a short-term trend of oversupply has led to higher vacancy rates.
By Kim Slowey • May 3, 2017 -
More new homes financed by conventional mortgages as recovery continues
Conventional mortgages financed 72% of new-home purchases in Q1, while FHA-backed loans took a 14.7% share for the period.
By Mary Tyler March • May 2, 2017 -
Aging-in-place remodeling sees its popularity continue to grow
Simple and low-cost home-improvement projects are also becoming more popular, according to a survey of building professionals.
By Mary Tyler March • May 2, 2017