Today it was reported that the Standard & Poor’s Case-Shiller Index rose 0.3 percent in January from December, seasonally adjusted. This marks the index’s eighth consecutive monthly increase. But the news was not all good. Seasonal adjustment of data lifts the numbers in the winter months, when the number of home sales is usually much less than the […]
Category: Construction
Good News for Contractors…NYTimes Reports
The New York Times reports that throughout NYC and beyond, “there has been there has been an addition to the hubbub: Contractors, lines of them, waiting for authorization to ascend the elevator to the apartments they are in the process of renovating.” For a country that has been reeling from a tough recession over the […]
California Mechanics Lien Filing Time Limitations
California has no shortage of laws and regulations, and the mechanics lien filing process is no exception. In order to preserve the maximum amount of construction lien rights, within 20 days of the commencement of work on the property, subcontractors and suppliers should provide written notice to the owner, the general contractor and the construction […]
Construction, construction contractors, construction economy, construction liens, contractors v. clients, Mechanics Liens, property liens
Current Economic Environment Leads to Shoddy Work and High Receivables?
When the economy collapsed over a year ago, the construction industry when down with it. As we’ve all heard over the past year, much of the boom was a result of a real estate bubble that was caused by loose bank lending practices. Companies and individuals were able to get lost cost mortgages, and where able […]