RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

How Many Subs Will It Take to Build Your New Home?

March 25, 2016 1:48 am

While many folks planning for building a new home deal directly with their primary contractor, I was intrigued to learn about how much of responsibility - and project costs - are shifted to subcontractors on a typical new home project.

A recent report from the National Association of Home Builders (nahb.org) sought to remind the public of how much the construction of a typical home relies on subcontracting.

The latest survey shows builders often employ 20 or more different subcontractors on a single-family project - subcontracting out over 75 percent of their construction costs!

The NAHB survey also asked builders how often they subcontract 23 different jobs. In every case, the job was always subcontracted by at least two-thirds of the builders.

At the low end of the scale, “only” 68 percent of builders said they always subcontract finished carpentry. But over 90 percent of builders said they always subcontracted concrete flatwork, masonry, drywall, foundations fireplaces, technology, plumbing, electrical wiring, HVAC, carpeting and security systems.

Even when builders don’t subcontract these jobs all the time, it’s common to subcontract them at least part of the time the survey analysis states.

Working with subcontractors, maintaining relationships with them, and being able to schedule a relatively large number of them to complete projects on time while maintaining control over quality takes time to master and is an important part of being a successful home builder, the NAHB analysis states.

This should lead homeowners mounting a building project in 2016 to look for more than proven hands-on construction skills to determine how successfully (and on budget) their contractor or builder will complete the work.  It seems to make sense since anywhere between half and two-thirds of your finished home is in their hands.

Published with permission from RISMedia.


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Easter By the Numbers

March 24, 2016 1:48 am

Easter may be arriving early this year, but that won’t curb holiday spending.

According to a report by the National Retail Federation (NRF), Easter spending this year is expected to reach $17.3 billion—a record high—with Americans spending an average of $146 each on everything from food to flowers. The breakdown is as follows:

• Food ($5.5 billion)
• Clothing ($3 billion)
• Gifts ($2.7 billion)
• Candy ($2.4 billion)
• Flowers ($1.2 billion)

And this year, celebrants will spend the day in a variety of ways. The most popular activities:

• Visiting Family and Friends
• Cooking a Holiday Meal
• Going to Church
• Going to a Restaurant
• Having an Easter Egg Hunt
• Opening Gifts

“Easter is a traditional holiday that consumers of all ages and on all budget levels celebrate with family and friends,” says Pam Goodfellow, principal analyst at Prosper Insights & Analytics, which contributed to NRF’s report. “Consumers have long lists of items they need to get their spring off to a good start.”

Source: NRF

Published with permission from RISMedia.


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