Industry News
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Lumber and building materials distributor American Construction Source (ACS) acquired Builder’s Resource Group (BRG).
The U.S. Chamber of Commerce recently reported nearly half of all surveyed commercial construction contractors turn down work, with the vast majority saying it’s harder than ever to find skilled help for the projects they do accept.
In many communities, 2-4 unit multifamily housing (structures with two, three or four units) is the key to expanding the existing housing stock, in order to solve the housing shortage.
On January 21, 2021, President Biden signed an executive order aimed at increasing COVID-19 workplace safety measures at the federal level.
Rising material costs led by a huge upsurge in lumber prices, along with a resurgence of the coronavirus across much of the nation pushed builder confidence in the market for newly built single-family homes down three points to 83 in January, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).
Home builders had already begun to pivot their focus heading into 2020.
In 2020, the tiny-house movement saw an increase in interest and a boom in sales thanks to the coronavirus pandemic.
Gonzalo Gonzalez, former senior director of manufacturing and engineering at Tesla, has joined New York City-based modular developer iBUILT as chief manufacturing officer, the company announced.
Planning for BCMC, the industry’s premier event, has begun for 2021.
Housing starts jumped 5.8% during December. Single-family starts soared 12%, while multifamily starts dropped 13.6%.
The COVID-19 pandemic—and its associated economic effects—has upended much of the conventional wisdom around determining where, and how, families want to live.
During the first ten months of 2020, US importation of overseas softwood lumber was 39% higher than during the same period in 2019.
Biewer Lumber is constructing a new, state-of-the-art sawmill in Winona, Mississippi. The project is a $130 million investment and will create 150 jobs.
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET.
Today, the experts at Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 3Q2020.