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AV Technical Institute
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Providing the very best in education and exam prep for professionals in the construction industry. Offices in LA and OC.
Providing the very best in education and exam prep for professionals in the construction industry. Offices in LA and OC.

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Sales of previously owned #homes climbed in December for the first time in five months.
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Civil Code law (Senate Bill 407, 2009) requires anyone applying for a #building permit that will alter or improve a #single-family #residence built in 1994 or earlier to replace all #plumbing fixtures with water-saving designs.
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In August, new #home sales had jumped 7.9 percent.
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#Home sales have remained strong, but home #building was only up 4.8% in September. Additionally, home building only advanced 5,400 jobs. One explanation: a focus on #remodeling projects and the possibility that #contractors are using existing employees and subs more efficiently.
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#Refinancing activity having been the primary drag in recent reports related to #housing.
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“Builder optimism remains above 50 and we are still seeing signs of pent-up demand in many markets across the country,” said #NAHB Chairman Rick Judson, a home builder from Charlotte, N.C. “This slight dip in #builder sentiment is the result of continuing challenges in the marketplace with regard to the cost and availability of labor and lots and uncertainty in Washington.”

Read more here: http://www.nahb.org/news_details.aspx?sectionID=134&newsID=16484
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Economists are expecting a .05% rise in #construction spending in August. Too bad we can't get real numbers due to the government shutdown...
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