The Pro Builder

MAY 16, 2024

Mortgage Applications Increase Week-Over-Week, but Rates Remain a Challenge for Buyers csweeney Thu, 05/16/2024 - 12:08 Data from the Mortgage Bankers Association show slight signs of optimism in national housing market Despite reports of high costs, activity in the nation’s housing market is improving. For the week ending May 10, mortgage applications increased by 0.5% from the week prior, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.

Surveying 130

Surveying 130

Construction Dive

MAY 16, 2024

Large GCs have elevated their jobsite practices in recent years in order to limit risk, said a safety expert with insurance firm Charles Taylor.

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Civil + Structural Engineer

MAY 16, 2024

HDR-Supported Project Reduces Travel Time and Increases Safety on Critical Commuter Link Between Chicago and Northwest Indiana The Northern Indiana Commuter Transportation District cut the ribbon on Monday, May 13 to celebrate the opening of 18 miles of new track on its South Shore Line from Gary to Michigan City, Indiana. The project added a second track to the line, providing a faster, more frequent and more competitive transportation option between northwest Indiana and Chicago.

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Environmental Impact Assessment Project Management Change Management Construction Management 263

Construction Dive

MAY 16, 2024

The 11-part program includes critical rehabilitation work on steel ropes and cables, which support the weight of the deck.

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Risk Management

The Pro Builder

MAY 16, 2024

Townhome Construction Gains in Popularity as Buyers Seek Medium-Density Housing csweeney Thu, 05/16/2024 - 17:57 Townhouses made up 18% of single-family housing starts during Q1 2024 As the need for medium-density housing grows, U.S. housing markets are seeing more townhome construction. According to National Association of Home Builders’ analysis of the most recent Census data, townhome starts totaled 171,000 homes over the last four quarters, compared with 141,000 during the prior four quarter

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Construction Dive

MAY 16, 2024

Lisa Curtis, a steadying presence during the company’s turnaround, will step away in September, when Chief Accounting Officer Staci Woolsey will take over the role.

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Construction Dive

MAY 16, 2024

The yield on the benchmark 10-year Treasury note fell on investor speculation that slower inflation will prompt the Fed to sooner cut borrowing costs.

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The Pro Builder

MAY 16, 2024

You Never Have to Have “That” Conversation With a Disgruntled Homeowner Again! kcichowicz Thu, 05/16/2024 - 08:49 Woodford’s Model 19 freezeless and anti-burst faucet won’t burst in freezing weather, even if the homeowner forgets to detach hose in freezing weather. Also available with black handles. Enabled Active You never have to have “that” conversation with a disgruntled homeowner again!

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The Construction Index

MAY 16, 2024

The government reckons that the UK’s imminent entry of an Asia-Pacific free trade agreement is going to have big benefits for UK construction Read Full Article: The Construction Index

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The Pro Builder

MAY 16, 2024

5 Housing Markets That Would See a Huge Increase in Homeownership if Mortgage Rates Dropped csweeney Thu, 05/16/2024 - 17:49 Spokane, Wash., would experience an 11.4% increase in affordability if rates dropped to 6% A significant drop in mortgage rates would benefit all prospective homebuyers, but recent insight from housing market data platform Realtor.com shows some housing markets could benefit from lower mortgage rates more than others.

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Modular Construction

The Construction Index

MAY 16, 2024

A government requirement for developers to deliver biodiversity net gain on their build projects in England is open to abuse and not being run well, according to the National Audit Office.

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The Pro Builder

MAY 16, 2024

Spring Housing Markets: Which Markets Saw the Most Appreciation, and Which Saw the Least? csweeney Thu, 05/16/2024 - 15:32 Florida metros saw the weakest appreciation of all housing markets in the US Across the U.S., home prices are rising, but some markets have observed stronger appreciation than others. According to insight from housing data tracker Resi Club Analytics, national housing costs rose more than 1.15% between March and April 2024.

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Civil + Structural Engineer

MAY 16, 2024

Multi-Year Project Modernizes Repair and Support Shops, Allowing Metro-North to Continue Historic Pace of On-Time Performance Project Completion Announced Following Railroad’s Best Month for On-Time Performance in its 41-Year History Video of Harmon Shop Available Here Governor Kathy Hochul today announced the completion of upgrades to MTA Metro-North Railroad’s vital maintenance and operations hub at Croton-on-Hudson, NY, which employs 1,200 people.

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Maintenance Electrical Systems Roofing Systems Flooring Systems 130

The Pro Builder

MAY 16, 2024

Demand—and Competition—for Skilled Construction Workers Grows csweeney Thu, 05/16/2024 - 17:36 Strongest need seen for construction superintendents, with other job titles for skilled trades also in high demand Those seeking a career in construction could be in luck as the field remains one of the most in-demand for jobs in 2024. Citing data from CNBC, Construction Equipment Guide reports a 16% increase for several job titles within the construction industry between October 2023 and March 2024, i

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Construction Equipment Construction Management 130

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Construction Management

New Civil Engineer

MAY 16, 2024

The UK does not have the capacity of workforce to deliver the government’s portfolio of planned major infrastructure projects, the Public Accounts Committee (PAC) has warned. The post UK does not have capacity or workforce to deliver major infrastructure projects, Committee finds appeared first on New Civil Engineer.

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Engineering 134

The Pro Builder

MAY 16, 2024

5 Housing Markets That Would See a Drastic Increase in Homeownership if Mortgage Rates Dropped csweeney Thu, 05/16/2024 - 17:49 Spokane, Wash., would experience an 11.4% increase in affordability if rates dropped to 6% A significant drop in mortgage rates would benefit all prospective homebuyers, but recent insight from housing market data platform Realtor.com shows some housing markets could benefit from lower mortgage rates more than others.

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New Civil Engineer

MAY 16, 2024

A judicial review of the consent for gas fired power station Net Zero Teesside Power (NZT Power) could have implications for the UK’s wider energy transition, including carbon capture usage and storage (CCUS) schemes. The post Legal challenge against £1.5bn Net Zero Teesside Power project raises wider questions on CCUS appeared first on New Civil Engineer.

Engineering 143

Engineering 143

The Pro Builder

MAY 16, 2024

4 Housing Affordability Organizations Awarded 2024 Ivory Prize csweeney Thu, 05/16/2024 - 12:22 Ivory Innovations will provide $300,000 in total prize money to support winners’ initiatives Ivory Innovations, a nonprofit organization with a goal of addressing the housing affordability crisis, recently announced the winners of its 2024 Ivory Prize for Housing Affordability.

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Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.

Construction Equipment

The Construction Index

MAY 16, 2024

Shareholders of both Barratt Developments and Redrow have voted almost unanimously in favour of the takeover deal announced in February.

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The Pro Builder

MAY 16, 2024

Survey Shows Homebuyers Are Regretting Their Purchasing Decisions csweeney Thu, 05/16/2024 - 12:48 More than 80% of respondents have regrets about their home purchase and 50% of upcoming buyers would consider forgoing using an agent Dealing with a market mired in high prices and low inventory, homebuyers during 2023 struggled to find affordable homes.

Surveying 130

Surveying 130

New Civil Engineer

MAY 16, 2024

Just 13 of 147 landslips identified by Network Rail in 2023 were detected via remote sensors, despite the rail organisation having spent £33M to increase remote monitoring and sensing during Control Period 6 (CP6), 2019 to 2024. The post Under 10% of railway landslips detected by remote sensors despite Network Rail investment appeared first on New Civil Engineer.

Engineering 116

Engineering 116

The Pro Builder

MAY 16, 2024

You Never Have to Have “That” Conversation With a Disgruntled Homeowner Again! kcichowicz Thu, 05/16/2024 - 08:49 Woodford’s Model 19 freezeless and anti-burst faucet won’t burst in freezing weather, even if the homeowner forgets to detach hose in freezing weather. Enabled Active You never have to have “that” conversation with a disgruntled homeowner again!

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Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

Construction Management

For Construction Pros

MAY 16, 2024

As construction navigates the adoption of new technologies and changes in regulations, manufacturers are optimizing diesel engine architecture to support future technology innovations.

Engineering 105

Engineering Architecture Sustainability 105

The Pro Builder

MAY 16, 2024

Ivory Prize Top 10 Finalists Announced ibush Thu, 05/16/2024 - 07:00 U.S. organizations recognized for innovative solutions to the housing crisis Ivory Prize Top 10 finalists seek to address housing affordability issues through creativity in the areas of construction and design, finance, and public policy and regulatory reform. The nation’s ongoing housing affordability crisis is one of paramount urgency.

Public Works 130

Public Works Real Estate Development Building Design Quality Control 130

Construction Placements

MAY 16, 2024

The Importance of Carbon Neutrality and Sustainability in Today’s World Discover the crucial role of carbon neutrality and sustainability in shaping a greener and more responsible future. The post The Importance of Carbon Neutrality and Sustainability in Today’s World appeared first on ConstructionPlacements.

Sustainability 105

Sustainability 105

New Civil Engineer

MAY 16, 2024

The government’s Rail Reform Bill will not reduce fragmentation of the railways, improve supply chains or court private investment, according to leaders of rail industry trade unions. The post Union chiefs criticise Rail Reform Bill for lack of social impact and private investment incentives appeared first on New Civil Engineer.

Engineering 122

Engineering 122

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Cost Control

Construction News

MAY 16, 2024

Global insulation products manufacturer Knauf Insulation has announced a €200m (£170m) investment to build a new UK factory. The new facility will be able to produce more than 100,000 tonnes of rock mineral wool each year once it opens in 2026, the firm said. A… The post Insulation giant to build £170m UK factory appeared first on Construction News.

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New Civil Engineer

MAY 16, 2024

The UK’s battery strategy, published late last year, sets out a joined-up government-industry approach to delivering a battery ecosystem with the potential to unleash economic prosperity and help deliver on net zero ambitions. However, we’re in a global battery race with other countries with the… The post What the UK’s renewables industry can learn from legacy energy sectors appeared first on New Civil Engineer.

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Engineering 111

Roads Online

MAY 16, 2024

Mooven’s software and hardware offerings are helping to increase the accuracy and effectiveness of infrastructure monitoring and reporting. Images: Mooven. Mooven has placed itself as an influencer in the compliance and monitoring space, guiding both infrastructure projects and general road agency duties towards success. Here’s how. W hy do construction projects often exceed cost and time targets?

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Public Works Government Works Infrastructure Development Project Management 105

New Civil Engineer

MAY 16, 2024

The National Nuclear Strategic Plan for Skills and the Nuclear Skills Charter have set out how industry and the government plans to develop the jobs and skills needed for the nuclear weapons and power industries. The post 40,000 new nuclear jobs ambition set out in government-backed plan appeared first on New Civil Engineer.

Engineering 111

Engineering 111

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Construction Management