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Construction trades: A step on the path toward higher paying jobs

Posted by   /  December 15, 2017  /  Real Estate  /  No Comments

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By Paul Emrath | NAHB A recent NAHB study identifies eight senior positions at home building companies that are often to nearly always filled by someone with experience in one or more of the construction trades. Average annual compensation (salary and bonus combined) for each of the eight positions is at least $80,000—at least $100,000, if the position […]

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Construction job openings rise in October

Posted by   /  December 12, 2017  /  Real Estate  /  No Comments

By Robert Dietz | NAHB The count of unfilled jobs in the construction sector increased in October. This increase occurred during a period of expansion for repair and remodeling work in the wake of Hurricanes Harvey and Irma.According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs (on a seasonally adjusted basis) increased […]

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Construction spending rises in October; flat YoY

Posted by   /  December 7, 2017  /  Real Estate  /  No Comments

AZBEX Nonresidential construction spending rose 2.1 percent in October, totaling $717.6B on a seasonally adjusted basis, according to an Associated Builders and Contractors analysis of data released by the U.S. Census Bureau. The level of spending, however, remains virtually unchanged from a year ago. Ten of the sixteen subcategories experienced positive growth, with educational spending topping the list […]

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Construction’s economic impact highest in 7 years

Posted by   /  November 22, 2017  /  Economy, Real Estate  /  No Comments

AZRE According to a report released today by Associated Builders and Contractors (ABC), the private construction industry’s value added as a percentage of the nation’s real gross domestic product (GDP) rose to 4 percent in 2016, the highest level since 2009. The report also shows annual growth in real construction spending, which rose 3.5 percent in […]

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Housing starts bounce back strongly

Posted by   /  November 17, 2017  /  Real Estate  /  No Comments

Activity for single-family homes in the South were at the highest level in a decade, rising 16.6% from September By Laura Kusisto and Sarah Chaney | The Wall Street Journal  U.S. housing starts rose last month to the highest level in a year, a sign that builders are getting back on track after hurricanes lashed the southeast and […]

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ABA roundtable: What’s happening in construction?

Posted by   /  November 10, 2017  /  Real Estate  /  No Comments

By David McGlothlin | AZ Big Media With more than 100 years of combined construction experience, these Arizona Builders Alliance members weigh in on the current state of the construction industry, how it’s evolving and what to expect coming down the pike. Each of them are decision makers and thought leaders for their respective companies tasked with […]

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[OPINION] Our Turn: Arizona can’t fill 10,000 good-paying construction jobs, and that hurts everyone

Posted by   /  November 6, 2017  /  Real Estate  /  No Comments

Mike Brewer, Todd Sanders and Steve Smith, AZ We See It | AZCentral As Arizona’s economy has rebounded from last decade’s recession, one industry central to the Arizona economy — construction — has struggled to find the talent needed to sustain its growth. And this is not just an Arizona problem. It is an issue affecting the […]

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LGE completes $5M expansion for Legacy Traditional Schools

Posted by   /  October 31, 2017  /  Real Estate  /  No Comments

AZRE LGE Design Build recently completed construction on a large-scale expansion of the Legacy Traditional Schools campus in Surprise, paving the way for a larger-than-ever student body to walk through its doors in time for fall semester. Construction on the state-of-the-art, 34,000 square-foot charter school campus addition at the northeast corner of Sweetwater and Bullard avenues began […]

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Redfin unveils Data Center on new home construction

Posted by   /  October 26, 2017  /  Real Estate  /  No Comments

Data includes prices, cost to build, share of market and future production. Builder The average price of a new construction home that sold from July through September was $374,000, according to a new quarterly analysis on the new construction market released Wednesday by Redfin. Redfin found new construction homes sold at an average premium of $87,000 in the […]

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Construction industry looks for new generation of workers, but is anyone listening?

Posted by   /  October 26, 2017  /  Real Estate  /  No Comments

By Mike Sunnucks | Phoenix Business Journal At best the region’s construction industry needs to fill 10,000 jobs, according to Greater Phoenix Chamber of Commerce President and CEO Todd Sanders. But the need for construction and trades could be even larger, according to Sanders and Mike Brewer, president and CEO of the Brewer Cos. READ ON:

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