Similar to other industries, the ongoing labor shortage crisis in the U.S. is detrimentally impacting construction activities in both the residential and commercial sectors. According to the Bureau of Labor Statistics, the...
Author: Jason Feld
August 29, 2024
Living in Difficult Times for Homebuilders
The homebuilding industry has faced significant headwinds in 2024 ranging from economic issues, high interest rates, skyrocketing labor costs, dramatic increases in building material cost, market expectations, economic...
January 23, 2024
Evaluating Construction Trends From 2023 and Forecasting For 2024
As we begin 2024, it is informative to evaluate what transpired in 2023 in the construction industry, and especially the use of construction technology. 2023 ushered in a variety of newly implemented construction technologies...
November 27, 2023
Labor Shortages in Construction
Similar to other industries, the ongoing labor shortage crisis in the United States is detrimentally impacting construction activities in both the residential and commercial sector. According to the Bureau of Labor...
Effective June 9, 2023, Texas has shortened its statute of repose from the existing 10-year statute for builders of new homes to 6-years under specific conditions. The significantly shorter statute of repose bars suits...