Resource published Mon, Nov 14, 2016 at 06:03AM UTC edited Mon, Nov 14, 2016 at 06:03AM UTC
Frank Owens, Ltd. Review: The palpable growth in the homebuilding industry over the years Edit Title
Frank Owens, Ltd. has been committed to the home building industry for several years already. Members of the firm are also active and updated with its latest trends, and they keep themselves familiar with its cutting-edge news.
Three years ago in the month of November, a renowned news magazine revealed that there was an increase of 22.7% in the new residential construction projects, which is regarded as the highest one-month improvement. Old news like this might not interest you anymore but this is a strong evidence of the palpable growth of the home building industry around the world.
For this industry, stability is entirely possible today. Obviously, companies and professionals linked to this industry see this as good news. Different predictions say that there will be an increase in the number of houses from the expected economic recovery and the number ranges from 300 to even 500,000. Frank Owens, Ltd. understands that economy could take advantage of the gradual growth in this industry as real estate and residential building prices become higher.
Steady growth predictions are based on the current improvements on the employment and economic sectors, along with the reasonably priced housing and mortgage rates. But everything still depends on the availability of the crucial elements needed in the homebuilding industry, such as land, labor, and materials that also need to keep up with the growing demand.
This year, the sales growth is expected to increase by 20% due to more than 10% increase in the single-family homebuilding. Frank Owens Limited believes that this is based on the "post-crisis" of the housing market as well as the stable position of the home-ownership trend.
As mentioned earlier, Frank Owens, Ltd. stays updated to the latest trends in the homebuilding industry. They are also prompt in releasing news related to this industry. They are known for their great service in recruiting loyal and key personnel involved in homebuilding. The firm aims to provide executives that can deliver technical and managerial skills to keep businesses in good condition.
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