Tag
A shortage of skilled labor, high labor costs, and uncertainty about the effect of tariffs on lumber prices weigh on some homebuilders.
“It would be definitely a bucket list of mine to get to visit all of them in my lifetime,” said Annilee Waterman, a residential designer in Dallas.
It has to do with building new data centers and retrofitting old office buildings.
Chen Peng wanted a home to attract a wife. Condo projects fraught with financial and legal battles made him wait nearly a decade.
In the midst of a lagging housing market, builders hope for easier terms on mortgages and construction loans.
Slowing demand in construction and manufacturing in the U.S. and around the globe have pulled steel prices lower for months.
Even massive government spending hasn’t been enough to counteract the downturn.
The price of lumber has plummeted since early in the pandemic, but other building materials are up 30% from 2019.
Baltimore businesses are lining up for a chance to bid on the reconstruction of the Francis Scott Key Bridge, a project which hits close to home.
Fewer pedestrians are wandering onto popular 2nd Avenue, hurting businesses. That’s prompted an initiative to help boost foot traffic.