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Best Practices for Labor Relations


Labor rates, meanwhile, are driven by a classic scenario of demand outpacing supply. The labor pool has yet to fully recover from the pre-crash levels of 12 years ago, and there’s no indication it will until later this decade and even that may be wishful thinking. 
There is genuine promise in off-site manufacturing applications for home building, yet beyond traditional trusses, panels, and components such as pre-hung doors, the industry penetration of true off-site–built homes remains about 3% as of 2019. That will change and inevitably increase, but only a handful of builders will find significant labor relief from manufacturing methods in the near term.  ....

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7 Homebuilding Stocks to Buy That Are Ready for Another Round of Gains


Source: Shutterstock
In the business since 1954, LEN is now the largest home construction company in the U.S.
If you’re looking for homebuilder stocks to buy, going with the market leader is always a good strategy. Broadly diversified across nearly two dozen states, it can choose where to build to get the most out of the market.
LEN also builds multi-family homes (townhouses and apartment buildings), so it can also pivot to investment properties as well as single family homes to occupy.
Being the bellwether, it will also signal when the homebuilding wave has run its course, which is always good to know. ....

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