Author Archives: trevorspear

NC economy to grow in 2014, UNC Charlotte economist predicts

Despite sluggish job growth in recent months, North Carolina’s unemployment rate is expected to keep falling throughout 2014 to below 6 percent, UNC Charlotte economist John Connaughton said Tuesday. In releasing his latest quarterly forecast for the state’s economy, Connaughton said … Continue reading

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N.C. construction experts to help launch state’s new Contractors College

The state’s Office for Small and Historically Underutilized Businesses is taking a more proactive approach in helping minority businesses win more work on state and local government construction jobs. Next week, the HUB office will launch its inaugural N.C. Contractors … Continue reading

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Plaintiffs Seeking $22 Million in Home Warranty Insurance Lawsuit

San Diego, CA: The thrust and intent behind home warranty insurance is to protect the parties involved from defects in workmanship and materials. New construction is usually accompanied by coverage warranting against defects from initial occupation until an agreed period of termination, at … Continue reading

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Land and Money: Finance Options Open Up

The awaited credit spigot has begun to flow. At least in select markets, lenders and investors now compete with one another to finance acquisition, development, and construction capital for home builders to buy lots, develop them, operate, and go vertical. … Continue reading

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Normal housing markets are like stars aligned.

Normal housing markets are like stars aligned. They’re hoped for, or wistfully looked back upon, but hardly ever present. Three such stars home builders need for new-home markets to function sanely are fundamental demand, building lots, and capital to put … Continue reading

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abundant as optimism this week at the IBS

Information was as abundant as optimism this week at the International Builders’ Show in Las Vegas, where more than 75,000 home builders and suppliers gathered to discuss topics ranging from new building products to buyers’ preferences. Many economists predict that … Continue reading

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Farm Bill a $1.2 Billion Boon for Members in Rural Areas

 In a major victory for NAHB and housing, the House this week passed a Farm Bill that includes an important provision championed by NAHB that will help members living and working in rural areas across the nation. The Senate is … Continue reading

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Warranties for Newly Built Homes

A message from the FEDERAL TRADE COMMISSION For many people, a home is the most expensive purchase they ever make. It’s no wonder, then, that buyers of newly built homes are interested in warranties, which promise to repair or replace certain … Continue reading

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“Don’t let the student grade their own exam and then get a bonus on that grade”

that is why smart builders use PHWS to manage warranty… PHWS provides customer care and warranty management services for General Contractors, Builders and Developers. Our services include, Pre Closing Inspections, Homeowner Orientation Walks, Punch List Management, Handyman Services, Customized Homeowner … Continue reading

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Shrimp prices going through roof, Boeing pressuring suppliers and more nuggets from the Beige Book

Real estate markets generally continued to improve, according to District reports. Although a few Districts indicated home sales or residential construction in some areas had slowed or declined in recent months, most cited increased residential sales activity and construction as … Continue reading

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