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Construction Delays in the Apartment Industry Ongoing as Costs Rise

Construction Delays in the Apartment Industry Ongoing as Costs Rise The National Multifamily Housing Council says 97% of apartment developers report experiencing construction delays.  Breaking that down, they say that of those experiencing overall delays, 83% reported delays in permitting and 93% reported delays in starts.  In addition, they found that 87.5% of developers avoid

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Construction Industry Adds 60k Jobs In February

Construction Industry Adds 60k Jobs In February According to recent data from the Associated General Contractors of America, construction employment increased by 60k jobs between January and February, 2022, marking the steepest pace in nearly 40 years.  AGC officials said the industry will need to hire hundreds of thousands of additional workers in each of

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Is Artificial Intelligence Taking Over the Real Estate Industry?

Is Artificial Intelligence Taking Over the Real Estate Industry? CNBC’s Diana Olick says artificial intelligence might be taking over the real estate industry .  She discusses the overall impact artificial intelligence (AI) is having on real estate with companies like Zillow now using machine-learning in their Zestimates. “In the case of the Zestimate algorithm, the

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Costliest Disasters to the Insurance Industry

Costliest Disasters to the Insurance Industry Here in America, we still have about another month of Hurricane season – let’s hope it’s quiet.  However, with that in mind, the folks over at Statista recently put together a graphic illustrating the 10 costliest disasters to the insurance industry (1970-2020).  Not surprising, they’re mostly hurricanes…  Stay safe

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