The real estate market has seen a dramatic shift as home prices in many regions have skyrocketed, making it increasingly difficult for individuals to afford to buy homes. This trend has given rise to a significant spike in rental property investments, as evidenced by recent transactions like the
Vietnamese construction firms have faced significant challenges in recent years, with around 70% of contractors either reducing operations or downsizing their workforce since the onset of the Covid-19 pandemic in 2019. This has been compounded by rising material costs, economic constraints, and a
The town of New Milford, Connecticut, is currently experiencing a surge in new housing developments, sparking concerns among residents about potential traffic congestion and road safety issues. With multiple projects approved and underway, the community is apprehensive about the impact these
In the dynamic world of construction, a recent report from the Associated General Contractors of America uncovers an intriguing trend: from October 2023 to October 2024, construction employment flourished in 238 out of 358 metro areas, translating to a 66 percent rise in jobs. This increase is
Richmond, Virginia, has been experiencing a notable surge in its commercial real estate market. This growth is driven by a combination of strategic investments, diverse leasing activities, and the involvement of prominent real estate firms. Investors, developers, and brokers alike are placing
In an effort to tackle the pressing housing shortage problem in Melbourne's inner city, the Allan Labor Government has launched a transformative housing project. This initiative targets the conversion of an old Honda dealership in Collingwood into more than 400 build-to-rent homes. The
