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  • Destructive Hurricane Florence to batter the Carolinas for days

    Hurricane Florence has made landfall and is on a path of destruction that will put millions of people at risk and threaten billions of dollars in damage. Florence officially made landfall around 7:15 a.m. EDT near Wrightsville Beach, North Carolina, as the eye wobbled ashore. Florence dipped to Category 2 hurricane strength with maximum sustained

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  • Construction Job Openings Rise Again in July

    The count of unfilled jobs in the construction sector increased in July, reaching yet another post-Great Recession high level. The rate of open construction sector jobs also matched a prior cyclical high. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs increased to 273,000 in

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  • Builders’ Shortage of Rough Carpentry Subcontractors Hits Record 90%

    Labor and subcontractor shortages became even more widespread in July of 2018 than they were a year earlier, according to single-family builders who responded to special questions on the survey for the NAHB/Well Fargo Housing Market Index. The July 2018 survey asked builders about shortages in 15 specific occupations that were either recommended by Home

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  • Second quarter even stronger than it first looked: GDP raised to 4.2% from 4.1%

    The numbers: The bustling U.S. economy was even stronger in the spring than initially reported thanks to higher government spending and business investment. And companies cashed in big time. Gross domestic product expanded at a 4.2% annual pace in the second quarter, up from a preliminary estimate of 4.1%, the government said. GDP is the

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  • What Mother Nature Has to Say About Property Values Land valuation calculations get more complex as the pace and severity of natural disasters intensify.

    If land acquisition and real estate investment strategists didn’t already have enough on their plates, what with polar opposite mixed-signals on the economic horizon line, now there’s this. What to make of the location of building lots and their relative susceptibility to weather and disaster events, and the fact that the frequency of these events

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  • 5 Top Kitchen Design Trends, According to HGTV Star Sabrina Soto

    Though Cuban-American TV star Sabrina Soto is best known for doling out affordable design advice on HGTV’s The High Low Project and TLC’s Trading Spaces, she’ll tell you her second passion is cooking. And as any dedicated home chef knows, the kitchen is perhaps the most important room in the house. Naturally, Soto keeps a

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