The construction market saw a decline in January 2025 compared to January 2024. Both new construction and alteration activity experienced year-over-year decreases. New Construction Year-over-Year Change: -7.74% Alterations Year-over-Year Change: -3.69% Regionally, all of them experienced declines year-over-year with the exception of alteration activity in the … [Read more...]
BuildZoom Project Pulse – February 2025
Client Highlight Lemon Hair Tree Salon Our clients, Bernie & Carmen, at Lemon Hair Tree Salon in Plano, Texas were concerned about getting their new salon opened within the original budget and timeline. Bernie & Carmen based their budget goal around another franchisee in Dallas who completed a similar buildout for $116K. Initial estimates came in from … [Read more...]
12 Smart Strategies for Subcontractors to Secure New Construction Projects
If you’re an electrician, HVAC technician, roofer, plumber, painter, framer, or another type of subcontractor, breaking into new construction projects can open the door to lucrative opportunities. The construction industry thrives on connections, timing, and expertise, making it crucial to have the right strategies in place. Here are 12 powerful strategies to help … [Read more...]
Construction Market Trends for December 2024
New construction activity for the US dropped in December (-2.92%), and year-over-year there was a -4.56% decrease compared to December 2023. Alteration activity saw a similar decrease in December over November (-3.01%). However, year-over-year alteration performance saw an increase, coming in at +2.39% over December 2023. Regionally, Southeast was the only region … [Read more...]
BuildZoom Project Pulse – January
Client Highlight Massage Envy in San Francisco, CA The franchisee’s biggest concern was staying below their $900,000 budget for the buildout. This would be difficult because the building required the use of union labor during construction. The original bids were submitted across a wide range: $615k up to $1.2million.The contractor who provided the most detail submitted a … [Read more...]