Building Cycle Times Lose a Step as Jobs Go Unfilled

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John McManus / Builder / July 16, 2018 It took two weeks longer to deliver the average new house, from authorization to completion, in 2017 than it did two years earlier. At the same time, the number of unfilled job openings in construction trended upward during that time period, and has continued an ...

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Metrostudy Austin Members Gather for HomeBrew

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Builder and Developer Metrostudy Members gathered on June 28 for the quarterly networking event:  Austin HomeBrew.  The site of the fun, appropriately enough, was The Brewtorium,  where members and Metrostudy staff enjoyed locally-made craft beer, pretzels and Flammkuchen (German-inspired pizza) as well as “talking dirt.”  Thanks to our sponsor, Samsung, ...

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As Trade Conflict Tension Grows, Risks Spike Too

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John McManus / Builder / July 9, 2018 Construction workers in the U.S. make an average of $18.22 per hour, but wages in some states are significantly higher. The view most people have of home builders is that they’re, when all is said and done, sellers of the most expensive ...

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Labor and Automation: Where the Twain Meet in Home Building

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John McManus / Builder / June 25, 2018 Courtesy IBACOS Other industries share the same challenge. And it’s not limited to business sectors staffed by lower-paid, unskilled or semi-skilled associates. They can’t hire workers at wages they can pay to be profitable. Unemployment is low. The pool of new workers seems to ...

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Are Manageable Monthly Payments an Endangered Species?

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John McManus / Builder / June 25, 2018 It took 10 years, almost on the dot–from start to finish–to complete American residential real estate’s “lost decade.” Now, the moment has come. The data is in. The line has been crossed. It’s official. Housing, as it encompasses the number of American ...

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