ECL is participating in the annual MBA’s CREF Multifamily Housing Convention from Feb 11, to Feb 14th held in Marriott Marquis, San Diego, booth # 113. We are also doing a demo of our Fund Control solution on Tuesday February 13th at 12:45 pm For more info visit: https://www.mba.org/conferences-and-education/event-mini-sites/cref18/schedule?id=11363_368927&expand=true
Builders can counterbalance rising labor costs by using the right software to save in other areas. Per data from the US Commerce Department, Mexican-born construction workers simply aren’t coming to the US in the numbers they once did. As recently as 2007, we had 1.89 million Mexican-born construction workers; last year there were just 1.32 […]
Though new construction starts were down in August, experts still predict an overall expansion for 2015. Builders, lenders, and other companies involved in the construction industry tend to monitor new construction starts almost religiously in an effort to gauge the health of this sector and predict the future of their business. Of course this is […]
June’s drop in new home sales contrasts sharply with an increase in new home starts but is this a cause for concern? As of June, sales of new single family homes dipped by 6.8 percent to the lowest rate in 7 months, resulting in much speculation as to what the future holds for the housing […]
You’ll be surprised which two Midwest cities top the list. Earlier this year, many experts predicted that landlords would raise rents in response to continued demand for rental housing among various demographic groups who either cannot afford to or do not want to purchase their own homes. These predictions have proven accurate, with some especially […]
Demand for apartments and condos behind recent jump in new home starts for June According to the latest data from the US Department of Housing and Urban Development, nationwide housing starts were up 9.8 percent as of June. Though single-family starts were down slightly, a substantial increase of 29.4 percent in the multifamily construction sector […]
Our fund control software suite for banks can help you meet multiple goals in a cost-effective manner. According to industry experts, regulatory changes in 2015 have forced many banks to reconsider the way they do business. Specifically, banks are looking for ways to cut the fat from their operations in order to help cover the […]
Uptick in equipment sales is another indicator the market is ripe for growth. You probably associate the John Deere brand more with tractors and farm equipment than with construction equipment. But in reality machines like backhoes, excavators, and other construction equipment make up a significant segment of the company’s business. In fact, Deere has reported […]
Protect your bottom line by streamlining your processes with our Fund Control software According to analysts from Goldman Sachs, traditional lenders stand to lose at least $11 billion in annual profits as a new generation of “shadow banks” creates more competition in the marketplace. Shadow banks include many different kinds of non-bank lenders, including asset […]
An increase in single-person households could lead to increased demand for small homes. The housing market in America is actually amazingly quick to respond to changes in demand. You only have to consider the uptick in multi-family housing construction in the years following the Great Recession to see a perfect example of this adaptability. However, […]
Recent Comments