Defective drywall from China is yet the latest issue to impact the home building industry. Joe Bruce discusses this topic, and highlights other important issues facing the industry.
As many contractors continue to closely monitor raw material prices, headcount and homebuilder confidence reports, speculation continues on when we'll slowly crawl out of the recession. As potential buyers begin to seek targets, it is important to remember that FAS 141(R) will be effective for acquisitions dated on or after January 1, 2009. Joe Bruce explains what this means.
Is the $787 billion stimulus package signed into law by President Obama on February 17, good news for the American people, and for the construction industry?