Report Housing Starts Turbocharging The Construction Industry

Dated: April 4 2014

Views: 466

A jump in housing starts will drive construction activity in the U.S., according to a first-quarter report  from Rider Levett Bucknal, a Phoenix-based construction consulting firm with offices in Portland.Portland area construction costs rose an average of 1.74 percent, which is below the average national increase of 3.6 percent, it said.The optimistic report anticipates that housing starts will reach 1.15 million in 2014, 11 percent more than in 2013 but not enough to push the total past the 6 million peak of 2006. Read more...
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

Latest Blog Posts

6 Home Upgrades That Cost Less Than 10K And Will Bring In Offers

Getting a home improvement project to pay off is notoriously tricky. There's no guarantee you'll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic

Read More

Housing Starts Hit Highest Pace Since 2006

Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau.That’s up 27.8% from one

Read More

Fannie Mae Increases 2021 Economic Growth Forecast

Fannie Mae‘s latest forecast projects economic growth to hit 5.3% in 2021, an increase of 0.8 percentage points from what the government-sponsored enterprise projected last month.The forecasted

Read More

Mortgage Underwriting Challenges In The Pandemic

In December, AmTrust Title Insurance Company announced the hiring of seasoned underwriter Mary Shelley as its midwest region agency underwriter. We took the opportunity to talk to Shelley, who has

Read More