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.TOP NEWS
March U.S. home construction jumps to fastest pace since 2006
Associated Press
U.S. housing construction rebounded strongly in March to the fastest pace since 2006 as home builders recovered from an unusually frigid February that shut down projects.
Builders began construction on new homes and apartments at a seasonally adjusted annual rate of 1.74 million units in March, the Commerce Department reported Friday, a 19.4% increase over February when housing construction fell by 11.3%. It was the fastest pace for home building since a level of 1.8 million in June 2006 during the last housing boom.
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Remodeling upturn expected to carry into 2022
Woodworking Network
Growth in improvement and repair expenditures to owner-occupied homes is expected to remain solid throughout the year and into 2022, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
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Ever wasted time, money, and labor on sawing out and replacing a damaged sill, or even an entire door unit? With Endura Products’ Replaceable Deck Sill (RDS), you can replace a damaged sill with just a putty knife and a rubber mallet. Remove. Replace. Done. With RDS, it’s that easy.
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6 security risks that could affect your construction projects and how to mitigate them
For Construction Pros
You’ve been through the process hundreds of times. The client says “go” and your team takes off — beginning the construction phase. Along the way, your team may face several hurdles like poor weather, material interruptions, and worker shortages that could delay your timeline.
While these hurdles are challenging, few might be as costly as a criminal trespasser.
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America's housing market is officially over-heating everywhere. How long will it last?
Forbes
As recently as just a few years ago, it used to be that the hardest part about buying a house for most people was the financial colonoscopy of getting approved for a mortgage.
Now, that’s the least of buyers’ worries. In virtually every American city right now, many single-family homes hitting the market are selling in bidding wars and the buyer with the most cash who closes fastest wins.
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Top Notch Distributors is your one-stop-shop for door hardware, whether it be residential, commercial, or electronic access control. Since 1975, Top Notch has been the leading provider of architectural door hardware products to dealers throughout the U.S. Top Notch exceeds customers’ expectations with integrity, knowledge, and the drive to provide the best service. Click here to learn more!
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Here's how fast homebuilding is catching up to the record-low number of houses for sale
Business Insider
Insider has been warning of a potential inventory crisis in the housing market since last summer. It's just gotten worse since then, with a record low number of homes for sale.
Builders are racing to catch up.
New residential construction surged more than anticipated in March as builders rushed to address the massive supply-demand imbalance in the housing market.
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.AWDI DOOR & WINDOW DIRECTORY
CPA: Most contractors won't pay more taxes under Biden's infrastructure plan
Construction Dive
Most contractors won’t pay more in taxes under President Joe Biden’s $2.3 trillion infrastructure proposal, while the infusion of cash to fund more public construction projects would provide a significant upside for their businesses, according to a certified public accountant who leads Ernst & Young's global construction and engineering practice.
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