Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our own feature articles.
Mechanics' liens feature article — April 26
In our feature article on Tuesday, April 26, we examine mechanic's lien laws. The rules vary from state to state, but they are still one of the most ironclad ways for a general contractor, subcontractor or material supplier to ensure payment. This feature will take a look commonalities and differences for protecting payment rights in the mechanic's lien laws of New York, California and Florida.
Pending home sales — April 27
The National Association of Realtors will release pending home sales data for March on Wednesday, April 27. Last month, the NAR announced pending home sales rose 3.5% in February to a rate of 109.1, up from the downwardly revised rate of 105.4 in January
February pending home sales far surpassed expectations, as economists surveyed by The Wall Street Journal predicted a slight 1.2% rise for the month. They also reached their highest level in seven months. However, the NAR cautioned that ongoing concerns of limited inventory will continue to be an issue for the housing market, as "without adequate supply, sales will likely plateau."
Will Wednesday's results round out the month's housing market reports on a positive note?
Construction lobbying efforts feature article — April 28
In our feature article on Thursday, April 28, we will explore national and local level players in the construction industry lobby, and highlight the issues they see as top of mind.
