Monday, February 08, 2010
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Construction Worker Rated the 8th Worst Job
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The headline read ?Construction Worker Rated the 8th Worst Job.? Being a Builder who started out as construction worker, I just had to investigate further. Here is what I found.
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| Posted by Chuck Miller at 11:26 AM |
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Monday, January 25, 2010
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The Business of Building - Part 2
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Welcome to the second in my series of blog posts on the Business of Building. We started Part 1 with a quiz. I asked what the average Net Profit for a Builder is in a normal market. The correct answer was C. 3.7% to 8.7%. That was based on the National Association of Home Builders 2004 Cost of Doing Business Study. Here is today?s quiz.
In 2008, what was the average Net Profit for a Builder? Was it
A. 11.0% to 20.0%
B. 14.4% to 15.1%
C. 0.0% to 4.4%
D. -3.7% to -1.4%
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| Posted by Chuck Miller at 1:28 PM |
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Thursday, January 07, 2010
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Are You Waiting to Buy or Build? Don?t Wait Too Long.
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For the 80 percent of home buyers who need a mortgage to buy a home, the two major factors that determine affordability are mortgage interest rates and house prices. It appears that many buyers have been waiting for home prices to fall further while hoping that mortgage interest rates will remain at their current lows hovering around 5%.
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| Posted by Chuck Miller at 2:17 PM |
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Friday, January 01, 2010
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The Business of Building - Part 1
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Welcome to the first in my series of blog posts on the Business of Building. Let?s start with a quiz.
In a normal market, what is the average Net Profit for a Builder? Is it
A. 21% to 30%
B. 17.3% to 20.9%
C. 3.7% to 8.7%
D. -5% to 0%
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| Posted by Chuck Miller at 2:55 PM |
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Thursday, December 24, 2009
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The End of the McMansion - I Think So
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The median size of new homes in the U.S. increased from just over 1,500 square feet in 1973 (the first year the Census Bureau began tracking new home size) to 2,309 square feet at its peak in 2007. The median size has declined almost 10% since then. Will the trend to smaller-sized homes persist?
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| Posted by Chuck Miller at 8:00 AM |
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Monday, December 21, 2009
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The End of the McMansion? The Impact of Rising Energy Costs
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The median size of new homes in the U.S. increased from just over 1,500 square feet in 1973 (the first year the Census Bureau began tracking new home size) to 2,309 square feet at its peak in 2007. The median size has declined almost 10% since then. Will the trend to smaller-sized homes persist? Let?s consider the rising cost of energy.
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| Posted by Chuck Miller at 10:36 AM |
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Friday, December 18, 2009
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The End of the McMansion? Changing Demographics ? Immigrant Households
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The median size of new homes in the U.S. increased from just over 1,500 square feet in 1973 (the first year the Census Bureau began tracking new home size) to 2,309 square feet at its peak in 2007. The median size has declined almost 10% since then. Will the trend to smaller-sized homes persist? Let?s consider Immigrant Households.
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| Posted by Chuck Miller at 1:23 PM |
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Tuesday, December 15, 2009
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The End of the McMansion? Changing Demographics - Household Types
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The median size of new homes in the U.S. increased from just over 1,500 square feet in 1973 (the first year the Census Bureau began tracking new home size) to 2,309 square feet at its peak in 2007. The median size has declined almost 10% since then. Will the trend to smaller-sized homes persist? Let?s consider changes in household types.
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| Posted by Chuck Miller at 2:37 PM |
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Sunday, December 13, 2009
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The End of the McMansion? Changing Demographics ? Gen X and Gen Y
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The median size of new homes in the U.S. increased from just over 1,500 square feet in 1973 (the first year the Census Bureau began tracking new home size) to 2,309 square feet at its peak in 2007. The median size has declined almost 10% since then. Will the trend to smaller-sized homes persist?
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| Posted by Chuck Miller at 10:59 AM |
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