The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery problems intensified, according to an analysis by the Associated ...
Read More »Prices For Construction Materials Continue To Outstrip Bid Prices Over 12 Months, Despite Dip In September, Amid Increasing Supply-chain Problems
High Home Prices Continue to Weigh on Homebuying Sentiment 
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 1.2 points to 74.5 in September, as survey respondents continued to report divergent opinions of homebuying and home-selling conditions. Overall, three of the index’s six components decreased month over month. Most notably, an even ...
Tagged with: homebuying sentiment
Read More »Q3 2021 U.S. Foreclosure Activity Begins To See Significant Increases As Foreclosure Moratorium Is Lifted 
ATTOM has released its Q3 2021 U.S. Foreclosure Market Report, which shows there were a total of 45,517 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 34 percent from the previous quarter and 68 percent from a ...
Tagged with: Foreclosure
Read More »Can You Hear Me Now? Hybrid Work is Key Component of Return to Office Planning; Internet Connectivity at Home Could Pose Challenge 
Most buildings and tenants are highly prepared to welcome employees back to the office, having developed plans and outfitted their buildings to ensure safety, comfort and well-being while accommodating the growing demand for remote work opportunities that provide the flexibility ...
Tagged with: remote work
Read More »Even In Today’s Competitive Housing Market, Most Buyers Submit Only Two Offers 
The record-setting housing market has brought anecdotes of frustrated home shoppers being repeatedly outbid and using risky strategies, such as waiving contingencies, to be competitive. But new data from Zillow’s Consumer Housing Trends Report1 debunks common misconceptions that all buyers have the ...
Tagged with: home offers
Read More »Nonresidential Construction Sector Posts First Job Gain Since March But Has Yet To Hit Pre-pandemic Levels Amid Supply Chain Disruptions & Delays 
The construction industry gained 22,000 jobs between August and September as nonresidential construction firms added employees for the first time in six months, according to an analysis by the Associated General Contractors of America of government data released today. Association ...
Tagged with: construction jobs
Read More »One-third Of Metro Areas Lost Construction Jobs Between August 2020 And 2021 As Fate Of Bipartisan Infrastructure Bill Remains Unclear 
Nearly one-third of U.S. metro areas lost construction jobs between August 2020 and August 2021, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials noted that the job losses are occurring as ...
Tagged with: construction
Read More »Ram Realty Advisors Completes Sale of South End Charlotte Properties to AvalonBay Communities 
Ram Realty Advisors announced the sale of Hub South End and Three30Five, two mixed-use projects located in Charlotte’s dynamic South End district. The properties were acquired by AvalonBay Communities, Inc. (NYSE: AVB). Newmark represented affiliates of Ram Realty Partners IV ...
Tagged with: RAM Realty Advisors
Read More »Home Affordability Slips Again For Average Workers Across U.S. In Third Quarter Amid Ongoing Price Runup 
ATTOM has released its third-quarter 2021 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the third quarter compared to historical averages in 75 percent of counties across the nation with enough data to analyze. That is ...
Tagged with: home prices
Read More »Vacant Zombie Properties Decline in Third Quarter as Foreclosure Moratorium Ends 
ATTOM has released its third-quarter 2021 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,332,706) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 74 homes, across the nation. The report analyzes publicly recorded real estate ...
Tagged with: zombie foreclosures
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