Construction spending was up in May

Construction spending was up in May, according to the latest report from the U.S. Department of Commerce, up for the month and up from 2016. “Construction spending during May 2017 was estimated at a seasonally adjusted annual rate of $1,230.1¬†billion, nearly the same as…the revised April estimate of $1,230.4 billion,” said the Commerce Department. “The […]

The terminology of tile

Tile may be among the most understated – but effective – home remodeling features we have and yet the terminology of tile can often elude us. Unless we really understand tile and its uses as a homeowner we can make – or ask our home remodeling contractor to make – what might turn out to […]

Starter home sales continue to lag

Starter home sales continue to lag in the second quarter of 2017, according to surveys, as do trade-up home sales and overall home inventory shrinks. This according to Trulia’s most recent Inventory & Price Watch report. “U.S. home inventory tumbled 8.9% over the year in the second quarter of 2017, and has now fallen for […]

Take it easy this summer!

Take it easy this summer! Most of us Southwest Floridians know – and appreciate – the relative slow pace of summers in our region. We have far fewer visitors and tourists. Our school and work schedules are lessen, some by a little, some by a lot. The weather is always wonderful (if no storms threaten). […]

Construction jobs bill passed the U.S. House

A construction jobs bill passed the U.S. House of Representatives last week but it’s unclear if the measure will make it through the U.S. Senate and into law. The House re-authorized the Perkins Act, a law originally adopted in 1948 and overhauled in 2006 which authorizes money to high schools and post-secondary schools for student […]

Builder confidence is high despite slight weakening

Builder confidence is high despite slight weakening in a morale index maintained monthly by the National Association of Home Builders (NAHB). The Home Builders/Wells Fargo Housing Market Index, or HMI, dipped just a bit after revision in May from a numerical rating of 69 to a rating of 67. But the NAHB insists the revised […]