This week’s Construction Financial Manager Review focuses on the residential building sector. Read on to learn more about industry trends as well as innovative approaches to home building and construction.
We hope you enjoy this week’s review and would love to get your feedback.
Happy weekend,
Scott Wolfe
zlien CEO
What We’re Reading
Key Articles from Across the Web This Week
5 Charts that reveal the future of residential construction
Check out this collection of graphics that show how the construction industry has evolved and recovvered since the recession of 2008. Read the full article on Construction Dive.
US construction spending up 0.3 Pct., led by home building
U.S. construction spending advanced in March to its highest level in more than eight years. Gains in home building and nonresidential construction offset a drop in government projects. Read the full article on ABC News.
There’s a big shift taking place in the housing market
As the U.S. housing market has recovered from the Great Recession, homebuyers have been faced with declining inventory and worsening affordability. However, there are signs that some of the hottest markets on the Costly Coasts may be slowing down while slow-to-rebound markets in the Bargain Belt are finally heating up. Read the full article on Business Insider.
First quarter housing market trends
The housing market continued to make steady and modest gains in the first quarter of the year. Read the full article on Forbes.
10 building projects win top steel engineering and architecture awards
Ok, this article isn’t about real estate and home building trends. But these designs were too cool to leave out of this week’s review. Read the full article on Building Design + Construction.
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What We’re Writing About
Recent Articles by zlien Relevant to Construction Finance
What is a Notice of Furnishing?
Notice of Furnishing is the term used for preliminary notice in four states: Michigan, Ohio, South Carolina, South Dakota. In these states, most parties who furnish labor and/or materials on construction projects are required to send notice of furnishing in order to secure lien rights. Read the full article.
Securing lien rights in Florida: A fact sheet
The protection of a mechanics lien is broadly available in Florida, but securing lien rights in Florida can be tougher than in other states. Florida has strict Notice to Owner requirements that apply to most lien claimants who provide work on private projects. Read the full article.
When to use an unconditional lien waiver
Unconditional lien waivers can be dangerous for subcontractors, material suppliers, and other parties putting down a signature. Make sure you fully understand how unconditional waivers work before signing. Read the full article.
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