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Life-stage transitions continue to shape housing market

Predictions that aging baby boomers would flock to retirement havens or that millennials would split from the lifestyle patterns of their parents and shun a suburban existence appear to have been premature. As recent market studies show — for both buyers and sellers...

source: By Michael J. Berens
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In 2016, the number of construction permits pulled for the Callowhill neighborhood doubled year over year. The number of property sales nearly tripled between 2010 and 2015. All the while, Callowhill's population boomed as more young working professionals moved into the...

source: Curbed Philadelphia

Lancaster County has the healthiest housing market in the U.S., according to economics researchers at the Nationwide insurance company. The county ranks No. 1 among the 400 metro areas evaluated in Nationwide's latest "Health of Housing...

source: LancasterOnline

Whitehall Township Solicitor Charles Fonzone testified Tuesday night that he advised township commissioners to "cooperate" with affordable housing developers before they voted to adopt a new law lowering hurdles for the development...

source: Allentown Morning Call

Like homebuilding itself, mergers and acquisition activity of homebuilders and residential land developers is a cyclical business. And the cycle points to increasing M&A activity involving homebuilders. In just the past few quarters, privately held regional homebuilders...

source: Builder

New U.S. single-family home sales rose in May and the median sales price surged to an all-time high, suggesting the housing market had regained momentum. The Commerce Department said on Friday new home sales increased 2.9 percent to a seasonally adjusted rate of 610,000...

source: Reuters

Social media has become the glue that holds our world together in a lot of ways now. Like it or not, if your construction business doesn't have a strong digital presence, then you're likely losing out on new clients to competitors that do...

source: Construction Today


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