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Construction

Motor City Contractor Fund Launches To Help Detroit's Minority Entrepreneurs 'Bid Smart, Grow Smart And Borrow Smart'

Motor City Contractor Fund Launches To Help Detroit's Minority Entrepreneurs 'Bid Smart, Grow Smart And Borrow Smart'

In Detroit, a city with multiple flagship construction projects underway and a housing stock in need of repair, a new program aims to solve the challenges faced by minority-owned contractors.

Apr 5, 2022, 2:05 PM

NASA Scientist Proposes Infrastructure Project For Colonizing Venus

NASA Scientist Proposes Infrastructure Project For Colonizing Venus

While Tesla (NASDAQ: TSLA) chieftain Elon Musk pontificates about colonizing Mars, a NASA scientist is proposing a 200-year construction project that would result in the colonization of Venus.

Apr 2, 2022, 7:50 AM

The Crisis In Housing, Part 1: A Lopsided Market

The Crisis In Housing, Part 1: A Lopsided Market

The Japanese novelist Kobo Abe once wrote, “There is always order in the distant view. No matter how strange the happening, it can never project from the frame, from the order which this distant view possesses.”

Mar 28, 2022, 12:05 PM

Housing Beat: Mortgage Rates Break 4% Barrier; New Peak For Median Home Sales Price; Vacation Homes Lose Appeal

Housing Beat: Mortgage Rates Break 4% Barrier; New Peak For Median Home Sales Price; Vacation Homes Lose Appeal

Mortgage rates cracked the 4% threshold for the first time since May 2019, while a new survey recorded another record high for median sales prices on U.S. residential properties.

Mar 17, 2022, 11:53 AM

Rising Lumber Prices Add Over $18K To New Home Prices: Report

Rising Lumber Prices Add Over $18K To New Home Prices: Report

The recent spike in lumber prices has created a simultaneous spike in the costs of newly-constructed single-family homes, according to data released by the National Association of Home Builders (NAHB).

Jan 4, 2022, 5:18 PM