#construction-industry

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#marketing-strategies

Should Your Methods Impact Your Branding?

Providing insights into your construction process can significantly enhance customer trust and perception.
Creating a positive work environment not only boosts employee morale but also attracts potential clients.

Diving Deep Into Marketing in Construction (My Takeaways)

Demand for home improvement services surged in 2020 due to the pandemic, leading to targeted marketing campaigns by construction companies.
Despite a decline in interest in construction due to economic factors in 2024, it is advised to focus on marketing efforts during this time.

Should Your Methods Impact Your Branding?

Providing insights into your construction process can significantly enhance customer trust and perception.
Creating a positive work environment not only boosts employee morale but also attracts potential clients.

Diving Deep Into Marketing in Construction (My Takeaways)

Demand for home improvement services surged in 2020 due to the pandemic, leading to targeted marketing campaigns by construction companies.
Despite a decline in interest in construction due to economic factors in 2024, it is advised to focus on marketing efforts during this time.
moremarketing-strategies
#skills-shortage

UK 'doesn't have enough builders' for Starmer's 1.5m homes

The UK construction sector lacks enough workers to meet the government's goal of 1.5 million homes by 2029.

Labour plan for 1.5m new homes is not feasible, housebuilding firm says

Labour's goal of building 1.5 million homes is hindered by a skills shortage and demands significant changes in planning and construction methods.

UK 'doesn't have enough builders' for Starmer's 1.5m homes

The UK construction sector lacks enough workers to meet the government's goal of 1.5 million homes by 2029.

Labour plan for 1.5m new homes is not feasible, housebuilding firm says

Labour's goal of building 1.5 million homes is hindered by a skills shortage and demands significant changes in planning and construction methods.
moreskills-shortage

Finland's Aisti raises 29M to build acoustic tiles made of renewable wood fibres

Aisti secures €29M in Series A funding to enhance the development of sustainable acoustic materials for the construction industry.
#workplace-safety

Forklift carrying steel rebar topples and lands on worker in Bel-Air, killing him

Workplace accidents continue to claim lives, highlighting the importance of safety measures and protocols.

Owner of Medford construction company sentenced for tax fraud

Mauricio Baiense was sentenced to 18 months for tax fraud and lying about a workplace accident, reflecting serious legal repercussions for corporate malpractice.

Forklift carrying steel rebar topples and lands on worker in Bel-Air, killing him

Workplace accidents continue to claim lives, highlighting the importance of safety measures and protocols.

Owner of Medford construction company sentenced for tax fraud

Mauricio Baiense was sentenced to 18 months for tax fraud and lying about a workplace accident, reflecting serious legal repercussions for corporate malpractice.
moreworkplace-safety

On Human Rights Day, Grace Farms Launched a Toolkit of Ethical Strategies for Architects

The toolkit empowers architects to ethically source building materials and combat forced labor in global supply chains.

Can a market be too hot? Should smaller developers get worried when bigger developers pile in

Florida's real estate market is booming, presenting opportunities for both large and small developers who adapt and plan appropriately.
#tax-evasion

AG Bonta charges California construction firm with felony wage theft and tax evasion

Attorney General Rob Bonta filed 31 felony charges against US Framing West for wage theft and tax evasion, totaling $2.6 million.

After tip from California workers, Justice officials say company owes big money to employees, state

US Framing West Inc. is accused of labor law violations, tax evasion, and wage theft in California.
The California DOJ launched a significant investigation following workers' complaints.
31 criminal charges have been filed against the company and its employees.

CA Attorney General Charges Construction Firm with Felony Wage Theft and Tax Evasion

California Attorney General Bonta filed felony charges against a construction company for severe wage theft and tax fraud, totaling $2.6 million in losses.

Construction sector represents 25% of tax evaders - London Business News | Londonlovesbusiness.com

There is significant tax evasion within the construction industry, with 24% of tax defaulters being construction firms.

Owner of construction company with ties to Ald. Carrie Austin probe pleads guilty to bribing county official

Construction company owner pleads guilty to bribing employee to reduce taxes
Sentencing guidelines range from 6 to 10 years in prison

AG Bonta charges California construction firm with felony wage theft and tax evasion

Attorney General Rob Bonta filed 31 felony charges against US Framing West for wage theft and tax evasion, totaling $2.6 million.

After tip from California workers, Justice officials say company owes big money to employees, state

US Framing West Inc. is accused of labor law violations, tax evasion, and wage theft in California.
The California DOJ launched a significant investigation following workers' complaints.
31 criminal charges have been filed against the company and its employees.

CA Attorney General Charges Construction Firm with Felony Wage Theft and Tax Evasion

California Attorney General Bonta filed felony charges against a construction company for severe wage theft and tax fraud, totaling $2.6 million in losses.

Construction sector represents 25% of tax evaders - London Business News | Londonlovesbusiness.com

There is significant tax evasion within the construction industry, with 24% of tax defaulters being construction firms.

Owner of construction company with ties to Ald. Carrie Austin probe pleads guilty to bribing county official

Construction company owner pleads guilty to bribing employee to reduce taxes
Sentencing guidelines range from 6 to 10 years in prison
moretax-evasion

2025 housing market outlook: a forecast

Major changes in housing policy and market dynamics are anticipated in 2025, driven by government actions, labor market shifts, and homelessness initiatives.
#housing-market

To avoid recession, the Fed needs a housing comeback

Loss of residential construction workers often indicates a pending recession due to economic impacts from high interest rates.

Giant homebuilders tighten grip their grip on the housing market-just look at this map

Larger homebuilders are increasing market share at the expense of smaller builders due to financial and inventory constraints.

Trump's Tariffs May Have Little Impact on New-Home Prices, Experts Say

Trump's proposed tariffs may not significantly increase new-home prices, despite concerns about consumer costs and housing affordability.

What the new home sales report shows about labor market risk

Economic recessions impact residential construction workers first due to changes in single-family and 5-unit permits.
The monthly supply of new homes is a crucial indicator of potential construction labor risks and overall housing market health.

Only 4 Housing Markets Have Fully Recovered From the Pandemic-Here's Where They Are

Inventory levels in the housing market are starting to shift post-pandemic, with some cities seeing higher levels than pre-pandemic years.
Factors contributing to the rebound in housing inventory include homeowner decisions prompted by rising mortgage rates and the construction industry's adaptation to pandemic challenges.

Cairn Home's Michael Stanley sells 14.7m of shares after housebuilder's profits hike

Cairn's strong half-year results indicate significant growth, with revenues up 67% and a positive outlook for housing development.

To avoid recession, the Fed needs a housing comeback

Loss of residential construction workers often indicates a pending recession due to economic impacts from high interest rates.

Giant homebuilders tighten grip their grip on the housing market-just look at this map

Larger homebuilders are increasing market share at the expense of smaller builders due to financial and inventory constraints.

Trump's Tariffs May Have Little Impact on New-Home Prices, Experts Say

Trump's proposed tariffs may not significantly increase new-home prices, despite concerns about consumer costs and housing affordability.

What the new home sales report shows about labor market risk

Economic recessions impact residential construction workers first due to changes in single-family and 5-unit permits.
The monthly supply of new homes is a crucial indicator of potential construction labor risks and overall housing market health.

Only 4 Housing Markets Have Fully Recovered From the Pandemic-Here's Where They Are

Inventory levels in the housing market are starting to shift post-pandemic, with some cities seeing higher levels than pre-pandemic years.
Factors contributing to the rebound in housing inventory include homeowner decisions prompted by rising mortgage rates and the construction industry's adaptation to pandemic challenges.

Cairn Home's Michael Stanley sells 14.7m of shares after housebuilder's profits hike

Cairn's strong half-year results indicate significant growth, with revenues up 67% and a positive outlook for housing development.
morehousing-market
#immigration

Trump's deportation vow alarms Texas construction industry

Mass deportations could severely impact Texas' construction industry, threatening vital infrastructure projects and the overall economy.

Op-ed | On National Immigrants Day, remember those who built New York | amNewYork

Lady Liberty symbolizes hope and opportunity for immigrants, representing community building and economic contribution in New York City.

Think tank calls for skilled migrants to fuel Rayner's housebuilding boom

To meet ambitious housing goals, Britain needs to relax immigration rules for skilled workers, as proposed by IfG.

Trump's deportation vow alarms Texas construction industry

Mass deportations could severely impact Texas' construction industry, threatening vital infrastructure projects and the overall economy.

Op-ed | On National Immigrants Day, remember those who built New York | amNewYork

Lady Liberty symbolizes hope and opportunity for immigrants, representing community building and economic contribution in New York City.

Think tank calls for skilled migrants to fuel Rayner's housebuilding boom

To meet ambitious housing goals, Britain needs to relax immigration rules for skilled workers, as proposed by IfG.
moreimmigration

Can Oakland support a more diverse construction workforce?

The construction industry in Oakland faces challenges in workforce diversity and skills, despite ongoing efforts to strengthen local labor through education and training.
#immigration-policy

Trump said he'd use the military for mass deportations. Here are the industries with the most immigrant workers.

Trump's mass deportation plans may severely impact construction, agriculture, and hospitality industries reliant on immigrant labor.

Trump vows to deport millions. Builders say it would drain their crews and drive up home costs

Inadequate labor supply in construction may worsen under proposed deportations, heightening home prices and affordability issues.
Foreign-born workers are crucial for maintaining the construction industry's labor force.

Trump said he'd use the military for mass deportations. Here are the industries with the most immigrant workers.

Trump's mass deportation plans may severely impact construction, agriculture, and hospitality industries reliant on immigrant labor.

Trump vows to deport millions. Builders say it would drain their crews and drive up home costs

Inadequate labor supply in construction may worsen under proposed deportations, heightening home prices and affordability issues.
Foreign-born workers are crucial for maintaining the construction industry's labor force.
moreimmigration-policy

Construction is the world's biggest polluter, yet Labour still refuses to tackle it | Simon Jenkins

The construction industry is the largest emitter of greenhouse gases, yet it often escapes criticism compared to oil and automotive sectors.

Demolishing buildings is a waste. There's another way: deconstruction | CBC News

Ouroboros Deconstruction aims to revolutionize waste reduction in construction by reusing materials instead of demolishing them.
There is increasing interest in sustainable construction practices that prioritize deconstruction over demolition.

Hopes raised 6.6pc pay rise for constructions workers will stem exodus and boost home-building targets

Wage increases in construction sector aim to retain staff and support home-building targets, but concerns remain regarding timing and starting pay for young workers.

Over half of workers compensation claims in Alberta construction are 1st-year workers | CBC News

Worker safety, particularly for first-year construction workers, is critical due to their vulnerability and high injury claims.
#sustainability

A 360 Solution for Light Wood-Frame Offsite Construction

Offsite wood construction revolutionizes the industry by improving speed, quality, and sustainability.

Germany's Emidat secures 4M led by General Catalyst

Emidat is leveraging €4M funding to enhance environmental data solutions in construction, aiming for reduced industry impact on climate.

Nordic-Dutch climate tech startup Paebbl lands 22.8M

Paebbl raised $25M to build a sustainable carbon storage value chain, enhancing the construction industry's role in climate change mitigation.

"Embodied Carbon Declare" Platform Exposes CO2 Emissions in Sweden's Construction Industry

Embodied Carbon Declare promotes transparency in the construction sector by publicly revealing CO2 emissions data from projects across Sweden.

enkei turns construction waste into lighting sculpture for stockholm design week 2024

Enkei specializes in transforming waste materials into functional pieces to address the construction industry's waste and pollution challenges.
They have launched the Reminder (001) table lamp made from repurposed waste materials, including recycled bio-plastics and 3D-printed fossil-free steel.

Earth911 Podcast: Carbon Limit's Tim Sperry Pours the CaptureCrete Story

Carbon Limit's CaptureCrete absorbs CO2 into concrete, reducing its environmental impact up to 75% compared to traditional concrete.
Carbon credits tied to building projects can significantly lower construction costs and enhance sustainability efforts.

A 360 Solution for Light Wood-Frame Offsite Construction

Offsite wood construction revolutionizes the industry by improving speed, quality, and sustainability.

Germany's Emidat secures 4M led by General Catalyst

Emidat is leveraging €4M funding to enhance environmental data solutions in construction, aiming for reduced industry impact on climate.

Nordic-Dutch climate tech startup Paebbl lands 22.8M

Paebbl raised $25M to build a sustainable carbon storage value chain, enhancing the construction industry's role in climate change mitigation.

"Embodied Carbon Declare" Platform Exposes CO2 Emissions in Sweden's Construction Industry

Embodied Carbon Declare promotes transparency in the construction sector by publicly revealing CO2 emissions data from projects across Sweden.

enkei turns construction waste into lighting sculpture for stockholm design week 2024

Enkei specializes in transforming waste materials into functional pieces to address the construction industry's waste and pollution challenges.
They have launched the Reminder (001) table lamp made from repurposed waste materials, including recycled bio-plastics and 3D-printed fossil-free steel.

Earth911 Podcast: Carbon Limit's Tim Sperry Pours the CaptureCrete Story

Carbon Limit's CaptureCrete absorbs CO2 into concrete, reducing its environmental impact up to 75% compared to traditional concrete.
Carbon credits tied to building projects can significantly lower construction costs and enhance sustainability efforts.
moresustainability

Construction optimism curtailed by ongoing skills shortages - London Business News | Londonlovesbusiness.com

Construction vacancies have rebounded but are threatened by ongoing skills shortages.
#productivity

UK Connect Reveals Innovative Connectivity Solutions to Drive the Construction Industry Forward

UK Connect offers innovative technology solutions to enhance productivity and connectivity in the construction industry, addressing challenges and leveraging IoT for smarter practices.

A guide to using time tracking software for construction projects - London Business News | Londonlovesbusiness.com

Time tracking programs are crucial in the construction industry for efficient project management.

UK Connect Reveals Innovative Connectivity Solutions to Drive the Construction Industry Forward

UK Connect offers innovative technology solutions to enhance productivity and connectivity in the construction industry, addressing challenges and leveraging IoT for smarter practices.

A guide to using time tracking software for construction projects - London Business News | Londonlovesbusiness.com

Time tracking programs are crucial in the construction industry for efficient project management.
moreproductivity

Many are obliged to sleep with the foreman': Bolivia's female builders square up to an abusive system

Female construction workers in Bolivia face systemic sexism and pay inequality.
Reyna Quispe and Asomuc are advocating for legislative change to improve women's rights in construction.
The construction industry in Bolivia continues to be male-dominated despite women's qualifications.

JCB profits rise despite faltering demand in UK and Germany

JCB's profits surged 44% due to strong US sales, offsetting losses from halted Russian exports and weakened UK and German demand.

HR Strategies for Construction Companies | ClickUp

Effective HR strategies are essential for the success and resilience of construction companies.
#grenfell-inquiry

Britain's Michael Gove says criminal prosecutions should be brought against Grenfell Tower cladding firms

Companies profiting must be held accountable for their actions to prevent tragedies like Grenfell and ensure public safety.

The Guardian view on the regulatory state: Labour must put people before profit

The Grenfell inquiry highlights significant regulatory failures in the construction industry, questioning the effectiveness of public inquiries and the pursuit of justice.

Bring criminal prosecutions against Grenfell Tower cladding firms, urges Gove

Companies profiting without acknowledging responsibility for disasters like Grenfell should face financial penalties to ensure justice is served.

Britain's Michael Gove says criminal prosecutions should be brought against Grenfell Tower cladding firms

Companies profiting must be held accountable for their actions to prevent tragedies like Grenfell and ensure public safety.

The Guardian view on the regulatory state: Labour must put people before profit

The Grenfell inquiry highlights significant regulatory failures in the construction industry, questioning the effectiveness of public inquiries and the pursuit of justice.

Bring criminal prosecutions against Grenfell Tower cladding firms, urges Gove

Companies profiting without acknowledging responsibility for disasters like Grenfell should face financial penalties to ensure justice is served.
moregrenfell-inquiry

Essential Strategies for Effective Construction Site Management

Safety is the top priority in construction site management, ensuring worker protection over profit or speed.
#real-estate

The death of hallways: New home builds are like "Tetris"

Homebuilders are pivoting to smaller homes to address affordability for first-time buyers.

A tree-damaged' California house is getting astronomical' interest

The Monrovia home, partially destroyed by a tree, is listed at a low price, attracting renovation-focused buyers despite significant repair needs.

The death of hallways: New home builds are like "Tetris"

Homebuilders are pivoting to smaller homes to address affordability for first-time buyers.

A tree-damaged' California house is getting astronomical' interest

The Monrovia home, partially destroyed by a tree, is listed at a low price, attracting renovation-focused buyers despite significant repair needs.
morereal-estate
#grenfell-tower

Failures by U.K. Government and Industry Made London's Grenfell Tower a Death Trap'

The Grenfell Tower fire report highlights systemic failures in safety regulations leading to a tragedy that claimed 72 lives.

Grenfell Tower inquiry finds 'decades of failure' by the government and construction sector - London Business News | Londonlovesbusiness.com

The Grenfell Tower fire exposed systemic failures in construction safety regulations and accountability, leading to tragic and avoidable loss of life.

Grenfell fire that killed 72 was result of decades of failings, damning report finds

The Grenfell Tower fire resulted from systemic failures and deliberate dishonesty in the construction industry, leading to tragic consequences.

Grenfell Tower: the fire, the findings, who's to blame and what happens next

The Grenfell Tower fire's avoidable deaths stem from systemic failures and corporate negligence in safety protocols, according to the public inquiry report.

Construction industry's rotten culture' faces reckoning after Grenfell report

The Grenfell Tower inquiry highlights systemic failures and a culture of profit over safety in the construction industry.

Grenfell Tower fire report: who was at fault and what was landlord's role?

Central government and responsible bodies failed to address the risks of combustible materials in high-rise buildings, leading to the Grenfell Tower fire.

Failures by U.K. Government and Industry Made London's Grenfell Tower a Death Trap'

The Grenfell Tower fire report highlights systemic failures in safety regulations leading to a tragedy that claimed 72 lives.

Grenfell Tower inquiry finds 'decades of failure' by the government and construction sector - London Business News | Londonlovesbusiness.com

The Grenfell Tower fire exposed systemic failures in construction safety regulations and accountability, leading to tragic and avoidable loss of life.

Grenfell fire that killed 72 was result of decades of failings, damning report finds

The Grenfell Tower fire resulted from systemic failures and deliberate dishonesty in the construction industry, leading to tragic consequences.

Grenfell Tower: the fire, the findings, who's to blame and what happens next

The Grenfell Tower fire's avoidable deaths stem from systemic failures and corporate negligence in safety protocols, according to the public inquiry report.

Construction industry's rotten culture' faces reckoning after Grenfell report

The Grenfell Tower inquiry highlights systemic failures and a culture of profit over safety in the construction industry.

Grenfell Tower fire report: who was at fault and what was landlord's role?

Central government and responsible bodies failed to address the risks of combustible materials in high-rise buildings, leading to the Grenfell Tower fire.
moregrenfell-tower

Tesla owner reports almost $65/day fuel savings after using Cybertruck to tow construction trailer

Switching to a Tesla Cybertruck can save significant fuel costs for heavy-duty users, demonstrated by a contractor saving $65 daily.

The impact of ERP software on construction process efficiency - London Business News | Londonlovesbusiness.com

ERP software in construction enhances project management, communication, and resource allocation for increased efficiency and productivity.

Jay VanSant

The article discusses the potential impact of artificial intelligence and machine learning on the construction industry.

This week in Dutch tech

Robotic bricklaying technology by Dutch startup Monumental aims to address labor shortages in construction and boost industry productivity with AI-driven precision and efficiency.

SOM shares design for new satellite concourse at chicago o'hare international airport

The design for the first phase of the O'Hare transformation project led by SOM focuses on creating a frictionless travel experience for passengers.

TV builder Peter Finn: 'I really encourage people to do DIY... nowadays we've lost some life skills'

Construction is deeply rooted in Irish culture, evident in the strong design industry and representation abroad.
Home Rescue's appeal lies in showcasing the challenges of everyday living with limited space and resources, rather than just extravagant makeovers.
#building-materials

ICON unveils the future of 3D printed architecture at SXSW

Faster construction with Phoenix 3D printer
Innovations in robotic construction and design software

Five reasons why polycarbonate sheets are popular in building and construction

Exceptional strength and durability
Lightweight nature and easy installation

ICON unveils the future of 3D printed architecture at SXSW

Faster construction with Phoenix 3D printer
Innovations in robotic construction and design software

Five reasons why polycarbonate sheets are popular in building and construction

Exceptional strength and durability
Lightweight nature and easy installation
morebuilding-materials

Austin apartments boomed and rents went down. Now, some builders are dismantling the cranes. - Austin Monitor

Apartments being offered with incentives to attract tenants.
Building costs in Austin leading to a pause in new constructions.
#housing-shortage

Over 6,000 incomplete ghost houses' across London as property market takes downturn

Construction work at 61 house-building sites in London has been halted, leaving over 6,000 half-built homes abandoned.
The number of stalled schemes is unprecedented in recent history, with only 10 schemes put on hold during the financial crisis in 2008 and 2009.

The US is facing a widening housing shortage with the market missing a whopping 7.2M homes

America faces a long-term housing shortage with up to 7.2 million missing homes.
Increased housing construction is crucial to meet the rising demand as population growth outpaces new home construction.

Over 6,000 incomplete ghost houses' across London as property market takes downturn

Construction work at 61 house-building sites in London has been halted, leaving over 6,000 half-built homes abandoned.
The number of stalled schemes is unprecedented in recent history, with only 10 schemes put on hold during the financial crisis in 2008 and 2009.

The US is facing a widening housing shortage with the market missing a whopping 7.2M homes

America faces a long-term housing shortage with up to 7.2 million missing homes.
Increased housing construction is crucial to meet the rising demand as population growth outpaces new home construction.
morehousing-shortage

Startup Spotlight: Hong Kong-Based ViAct Is On A Mission To Create A Safer Work Environment In Risk-Prone Industries | Entrepreneur

High risks in industries like construction can be avoided with AI solutions like viAct's vision intelligence.
viAct's AI-powered solutions are trusted by global entities like Google and Forbes for improving safety and efficiency in risk-prone industries.

BBC investigation finds major flaws in 41m estate's balconies

Bouygues UK received £41.5m for construction.
Safety is the top priority for Bouygues UK in its buildings.

C.C. Myers, construction giant who gained fame rebuilding California freeways, dies at 85

C.C. Myers, the legendary Sacramento construction icon, has died at the age of 85.
Myers gained fame for his can-do attitude and ability to complete projects ahead of schedule, including the repair of the Santa Monica Freeway damaged in the 1994 Northridge Earthquake.

Ugly, expensive and loathed: the Slab will stand as London's monument to government in the 2020s | Simon Jenkins

A new office block called the Slab is set to be built in central London
The design of the Slab is widely criticized for its lack of architectural grace

How To Grow Your Construction Business's Digital Footprint

Construction industry has been slow to establish a web presence, but it's now easier than ever to do so.
A strong digital footprint includes a website, blog, social media presence, and partnerships.
#sales

Job Vacancy: Sales Manager (m/w/d) // myCraftnote Digital GmbH | Sales Jobs | Berlin Startup Jobs

Craftnote is a platform that helps revolutionize the way craftsmen plan and execute their projects by replacing analog processes with digital workflows.
Craftnote aims to digitalize and simplify processes in the construction industry.

Job Vacancy: Werkstudent Sales (m/w/d) // myCraftnote Digital GmbH | Internships Jobs | Berlin Startup Jobs

Craftnote is an innovative platform that aims to revolutionize the way craftsmen plan and execute their projects through digital workflows.
Craftnote is looking for a Sales Champion who will be responsible for reaching out to potential customers and understanding their challenges.

Job Vacancy: Sales Manager (m/w/d) // myCraftnote Digital GmbH | Sales Jobs | Berlin Startup Jobs

Craftnote is a platform that helps revolutionize the way craftsmen plan and execute their projects by replacing analog processes with digital workflows.
Craftnote aims to digitalize and simplify processes in the construction industry.

Job Vacancy: Werkstudent Sales (m/w/d) // myCraftnote Digital GmbH | Internships Jobs | Berlin Startup Jobs

Craftnote is an innovative platform that aims to revolutionize the way craftsmen plan and execute their projects through digital workflows.
Craftnote is looking for a Sales Champion who will be responsible for reaching out to potential customers and understanding their challenges.
moresales

Could Data Capture, Management Technologies Prevent Construction Quality Slippage in 2024?

High number of construction firm collapses in Australia in 2023
Integration of technology can improve construction quality and worker safety

Labor, affordability remain concerns in strong Austin real estate sector - Austin Monitor

Austin's real estate market remains attractive but faces challenges of affordability, land use policy, and labor supply.
High interest rates and soft demand for office space are impacting the construction industry in Austin.

Economy In Tenuous Position Boston Condos For Sale Ford Realty

The US economy is currently ranked a 'C' and the real estate market is graded a 'D'.
New housing starts in Massachusetts are at a 30-year low.
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