June 2022

3 Principles for a Better Construction Business

Construction challenges are nothing new. But the issues we’re now facing are different. Labor, materials, supply chain, and yes pandemics impact architectural construction business companies as much – maybe more – than contractors.  One thing that never changes in any construction business is customer care. CX (customer experience) company Client Savvy notes if clients expect […]

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5 Ways Cameras Benefit Construction Industry Projects

Think about how often and the variety of ways we use cellphone cameras. Camera information enhances personal and professional activities almost daily. Digital Imagery for Construction Industry Worksites If you’re using free satellite imagery to monitor project sites… Well, you get what you pay for. The technology is often outdated and unreliable. Digital imagery technology

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Latest Construction Technology

What’s included in construction technology? It’s drones, real-time cameras, and safety wearables. It’s also business management: accounting, contracts, payroll, taxes, permit documentation, etc. The technology your business needs is available when you need it. This is a compilation of pain points that can be addressed with construction technology. Contributors include Autodesk, Procore, and Trimble. Cybersecurity

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Updated Construction Industry Metrics That Matter

This information originates from the U.S. Bureau of Labor Statistics (BLS) data gathered from private and public construction industry sectors. It includes information from other sites.* Architecture billings – The ABI (Architecture Billings Index) benchmark for increased billings is 50, and in March 2022, it rose to 58. Inquiries and design contracts rose to 63.9

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Types of Construction Loans

Construction loans are short-term financing arrangements between a lender and a property owner. Homeowners can choose from several types of construction loans: Construction-only – This is a short-term, adjustable-rate loan. Construction-to-permanent – This loan finances construction and then converts to a mortgage loan. Owner-builder – These loans are only available to licensed contractor-homeowners or those

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