by Anthony | May 20, 2022 | Construction, Housing, How to's, Real Estate News
While demand to purchase homes continues to outstrip supply, potential sellers are seeking the most cost-efficient ways of staging their homes to attract the best price. The annual owner improvement and repair spending is estimated to reach $430 billion by the second...
by Anthony | Apr 20, 2022 | commercial real estate, Construction, New Jersey News
The Surge in Warehouse Construction There is clearly a scramble for buildable parcels of land, especially for warehouse use. New Jersey is in the middle of an ongoing warehouse construction boom as a result of the surging demand created by online shopping, where...
by Anthony | Apr 18, 2022 | 2022, Construction, First-Time Buyers, Housing
According to reports, as of February 2022 there were nearly 800,000 single-family homes under construction in the United States. This represents a 28% increase over 2021 according to US government figures. Despite the rising mortgage rates, and the general shortage of...
by Anthony | Feb 25, 2022 | 2022, commercial real estate, Construction, NJ Real Estate News
Aspire Program New Jersey’s Aspire program is opening up for applications as part of the state’s $14.5 billion Economic Recovery Act. The incentive for the program was intended to attract economic development and commercial and residential real estate...
by Anthony | Feb 1, 2022 | 2021 Topics, Construction, Housing
Nationally new home sales were found to have fallen in three out of four regions. The Northeast, Midwest and the South all experienced significant slowdowns of 34.1%, 23.3% and 17.5%, respectively. It was only in the West where the number of new residential home sales...
by Anthony | Jan 13, 2022 | 2022, Construction, COVID19, lumber, Real Estate News
Material Costs for Construction Continue to Escalate Lumber prices appear to be still adding additional cost to new construction. With the record low number of existing homes available for sale, contractors and builders would normally be ecstatic over the shortages....
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