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ConstructionJobsBlog

ConstructionJobsBlog
Sure, its another blog on the web, but this one is different. Really! Why? Unlike other blogs that cover the construction and homebuilding industry, this one is unique. ConstructionJobsBlog.com is the first blog to seriously cover not only the constr
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Articles

Construction Loans to Follow Path of Subprime Mortgages?
2007-12-12 00:00:00
Last week, the Federal Deposit Insurance Corporation (FDIC) published data showing that many small to midsize banks have construction loans outstanding that are greater than their total capital (New York Times).  Over the past decade, construction loans have become the lifeline of many smaller banks.  "Now, however, more than 3 ...
More About: Loans , Construction , Mortgages , Subprime , Mort
First Videos Coming in From Burj Dubai, Highest Building in World
2007-12-12 00:00:00
Some of you may remember my report from back in July on the Burj Dubai clenching the title of "tallest building in world".  Now, only 2/3 done, film crews are bringing back amazing footage from this tower.  Check out Gizmodos "World 's Tallest Building Has a Hell of a View", featuring the ...
More About: Videos , Burj Dubai
Another Massive Reorganization for Pulte?
2007-12-07 00:00:00
I've decided to check in with my loyal readers to see if someone can confirm or deny some rumors that have come to me from several current Pulte employees. Evidently, there is hushed talk of yet another reorganization. From what I understand, Pulte will be taking its number of ...
More About: Organ
The Construction Worker: One of the Top Eight Sexiest Jobs for Men
2007-12-07 00:00:00
"Every woman has her own idea of what is sexy in a man, but there are certain jobs that have a universal sex appeal to women," says Lila Stevens in a recent article on The Top 8 Sexiest Jobs for Men. And who ranked Number 1? The Construction Worker ! "Every woman ...
More About: The Con
Subprime Lenders to Freeze Rates, Bush Scheduled to Announce Plan
2007-12-07 00:00:00
The Bush administration, mortgage lenders, and Wall Street firms reached an agreement that would allow for some subprime borrowers to keep their 'teaser' introductory rates for the next few years, postponing an increase of perhaps 30 percent or more in their monthly payments. Not everyone is happy with the plan:  many ...
More About: Freeze , Plan , Subprime , Rates
New York City Sees Influx of Women in Construction
2007-12-07 00:00:00
According to an article from the New York Times, the city has seen its efforts to include more women in construction succeed.  In the past two years, the percentage of women construction workers has jumped from 2.2 percent to about 3 percent. In 2005, Mayor Michael R. Bloomberg initiated efforts to recruit ...
More About: Women , Construction , New York City
Treasury Secretary Paulson Speaks On Housing, More Details Expected This We
2007-12-04 00:00:00
Yesterday, Secretary Paulson spoke at the Office of Thrift Supervision National Housing Forum on "Actions Taken and Actions Needed in U.S. Mortgage Markets."  In his address, he reiterated that "the housing market downturn is the biggest challenge to our economy.  When home foreclosures spike, the damage is not limited only ...
More About: Details , Treasury
TopBuildingJobs.com Adds Great New Features!
2007-11-13 00:00:00
In response to user requests, TopBuildingJobs.com has added several new features that make finding what you need even faster and easier. If you visit TBJ, you will notice that besides keywords, you can now search by city, state or zip code.  This comes as a big improvement over the older, and ...
More About: Features , Great
Green Building Could Prove Invaluable for Future Construction Jobseekers
2007-11-13 00:00:00
On July 10th, of this year, I observed that the Green Building trend in America: "...is among the fastest growing trends in homebuilding today. 'Green building will reach its tipping point by 2007 using conservative estimates? [meaning] the rest of the industry will be forced to follow, and the green homes ...
More About: Future , Green Building , Construction
Americans Face Serious Foreclosure Problems?and They?re Probably Not What Y
2007-11-09 00:00:00
Somebody should have seen this coming. It was just months ago that people, in large numbers, begain calling for changes in mortgage practices.  Allegations flew of companies using deceptive and misleading practices to place people in loans they could never afford.  The emphasis was on how these people got into their ...
More About: Foreclosure , Problems , Face , Americans , Probably
Americans Face Serious Foreclosure Problems?and They?re Probably Not What Y
2007-11-09 00:00:00
Somebody should have seen this coming. It was just months ago that people, in large numbers, begain calling for changes in mortgage practices.  Allegations flew of companies using deceptive and misleading practices to place people in loans they could never afford.  The emphasis was on how these people got into their ...
More About: Foreclosure , Problems , Face , Americans , Probably
U.S. Mayors To Impact Green Building
2007-11-07 00:00:00
On Thursday and Friday of last week (September 1st and 2nd), the U.S. Conference of Mayors sponsored the 2007 Mayors Climate Protection Summit in Seattle.  "This summit is the largest-ever gathering of American mayors on climate issues," explains the release. Picture:  U.S. Conference of Mayors Former President Bill Clinton and Vice President ...
More About: Building , Green Building , Green
Fed Slashes Rates Again, GDP Grows Quicker Than Expected
2007-11-01 00:00:00
10/31/2007 -- Today, the Federal Open Market Committee lowered its target for the federal funds rate 25 basis points to 4 1/2 percent (Official Press Release).  The discount rate was also lowered by 25 basis points to 5 percent. This is the second month in a row that has witnessed rate ...
More About: Rates
Georgia Homebuilders and the Drought
2007-11-01 00:00:00
Atlanta, GA -- For those of you who don't know, Northern Georgia , and much of the Southeast in general, are experiencing a drought of historic proportions.  The Associated Press reports that "drought in almost one-third of the Southeast has been deemed 'exceptional' - the most severe drought category."  Builder Online notes ...
More About: Drought
What Are Homebuilders Doing to Differentiate Themselves?
2007-11-01 00:00:00
Big Builder published the results from its 2007 Big Builder Study.  In it they asked over 600 homebuilders who built more than 100 homes in 2006, "What new strategies is your firm using to differentiate itself from the competition?" These days, how your company answers this question can make all the ...
More About: Diff
What NOT To Do During An Interview
2007-11-01 00:00:00
I read a blog post earlier today focusing on three "deadly mistakes" made during interviews.  I've written on the positive side of these things before, but looking at the negative side is useful too.  In other words, I wrote posts on what you should do, but looking at what you ...
More About: Interview , To Do
Rainy Day Construction Jokes
2007-10-26 00:00:00
Well, its a gloomy, sopping wet Monday morning here in Atlanta, and the forecast says the rest of the week will be the same.  I can't complain too much though:  we desperately need the rain.  Still, I figure a few jokes will get the week started off on the right ...
More About: Jokes , Construction
Solar Decathlon Winners Are IN!
2007-10-26 00:00:00
Many of you will remember me covering the Solar Decathlon , a contest held on the Mall in Washington, D.C., sponsored by the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy.  The contest brings top university students together from around the globe for a contest to ?design, build, and ...
More About: Winners
Mortgage Rates Continue to Fall
2007-10-26 00:00:00
Mortgages rates across the board increased during the past six months.  Fixed rate loan rates jumped in May and June, while many ARMs and jumbo mortgage rates increased gradually until the credit crunch of August.  According to Bankrate.com, this week especially saw notable drops, and rates are now approaching the levels ...
More About: Mortgage , Rates , Fall , Conti , Mort
Two Sides of the Coin: California Forest Fires
2007-10-26 00:00:00
If you have been located anywhere near a television or radio in the past 48 hours, you know about the fires that are raging across Southern California , threatening thousands of people's homes and places of business.  President Bush has correctly recognized this as a "major disaster," as "nearly 1,500 homes" ...
More About: Sides , Fires , Forest , Coin
New Report Suggests Local Governments In Trouble Due to Housing Downturn
2007-10-20 00:00:00
A report released today by the National league of Cities, City Fiscal Conditions in 2007, offers both good and bad news about the fiscal conditions of local governments.  The survey data in the report consists of 359 responses from city financial officers in all corners of the country, from April to June ...
More About: Report , Housing , Local , Governments , Local Government
Skilled Labor Viewed As ?Biggest Concern? By Commercial Firms For 2008
2007-10-20 00:00:00
Those of you who have followed my blog might remember a few posts I made commenting on my July 23rd article:  U.S. Construction Industry Faces Skilled Labor Shortage.  The aim of both the article and the posts was to highlight the increasingly severe need for skilled workers, especially in commercial construction... ...The ...
More About: Commercial , Firms , 2008
Most Stable and Unstable U.S. Housing Markets
2007-10-16 00:00:00
Housing weakness has dominated many news reports this year.  Financial speculators, experts and novices alike are interpreting the seemingly constant stream of home building data flowing to the media.  In large measure, their reactions have been negative...and there are glaring and obvious reasons for this. As I investigated previously, however, conditions ...
More About: Markets , Housing
U.S. Housing Market Stability: ?Changing Perceptions?
2007-10-16 00:00:00
I was looking over my October 2007 edition of Builder magazine this afternoon when I realized that Editor in Chief Denise Dersin took up the same topic in her Editor's Notes page as I did earlier today. She relates the story of an Oklahoma home builder having to "fight tooth and ...
More About: Market , Housing , Changing , Chang , Chan
More Notes on Construction and HomeBuilding Labor Numbers
2007-10-12 00:00:00
I have been reading all sorts of articles on the most recent labor numbers to be released.  I have also posted a few times regarding (find the most recent here).  I was reviewing another article yesterday in Monday's (10/8/07) USA Today by Barbara Hagenbaugh, titled Companies add workers at the ...
More About: Construction , Notes , Labor , Numbers , Number
CNBC?s Jim Cramer Dared to Sell Home
2007-10-12 00:00:00
"Don't you dare buy now.  Don't you dare buy a home now.  You will lose money." These are the "fighting words" of Jim Cramer on The Today Show.  The host of CNBC's Mad Money has made his "expert" economical opinion about the national housing market well known. HousingZone.com reports that the owner ...
More About: Home , Sell , Dare
Job Seekers Turn to Specialty Job Sites
2007-10-10 00:00:00
In my last post, I investigated the employer's side of an online recruiting phenomenon that has been progressing over the past few years:  a switch from large, generic job boards to smaller, targeted sites.  Now I will look at what is driving the job seekers to use this niche boards. Most important ...
More About: Sites , Turn
Construction Jokes: The Engineer in Hell
2007-10-10 00:00:00
An engineer dies and reports to the pearly gates. St. Peter checks the list and says, "Sorry, looks like you're in the wrong place." So, the engineer reports to the gates of hell and is let in. Pretty soon, the engineer gets dissatisfied with the level of comfort in hell, and starts ...
More About: Jokes , Construction , Hell , Engineer
Employers Flock to Niche Job Boards
2007-10-09 00:00:00
Years ago, large, generic job boards paved the way for online recruiting.  They blew up in size, as did the number and variety of businesses and industries flocking to the internet in search of a cheap and effective way to fulfill their recruitment needs.  This exponential growth of large job boards ...
More About: Flock , Niche , Employers
Labor and Commercial Paper Numbers Point to Stabilization
2007-10-06 00:00:00
The Bureau of Labor Statistics of the U.S. Department of Labor announced today that nonfarm payroll employment rose by 110,000, and upwardly revised the July and August numbers significantly (revised to 93,000 and 89,000 respectfully).  Especially striking is the switch in August from loosing 4,000 jobs to adding 89,000.  The unemployment ...
More About: Commercial , Numbers , Paper , Point
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