The HBRA of Fairfield County is an association that represents and advances the interests of the home building,
remodeling and land development industries in Fairfield County.
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    When it comes to green products, what’s important to home buyers has shifted over time
    Connecticut ranks only 37th nationally for growth in construction employment during the past year, as tracked by the Associated General Contractors. Connecticut builders had about 58,000 people on the payroll as of July, up only 400 jobs or 0.7 percent from a year ago.
    But what growth the state is generating is largely in Southwest Connecticut, according to an AGC report earlier this month suggesting the region expanded construction employment 5 percent on a year-over-year basis, on par with New York City and among the top 40 percent of metropolitan areas nationally.
    Sales of newly built, single-family homes rose 12.4 percent in July. This is the highest reading in almost nine years. Regionally, new home sales rose by 40 percent in the Northeast.
    Technology is taking over the home building industry at a rate that would seem preposterous to someone 20 years ago. According to author and construction lawyer Barry LePatner, builders better get used to it if they’re going to meet the demand for 100 billion additional square feet of living space by 2030.
    As contractors join the digital age and begin to reap the benefits of becoming more connected with fellow employees and the outside world via computers, laptops, tablets and smartphones, they also risk opening their systems up to cyber attacks.
    The global green building materials market is on pace to hit $255 billion by 2020, growing at an annual CAGR of approximately 12%, according to a report from Zion Research.
    Experts say targeting the next generation may be the key to business success or failure
    A National Association of Home Builders survey of 2,800 registered U.S. voters released Wednesday found that more than four out of five Americans (82%) believe buying a home is a smart investment.
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  • Building Connections – August 2016

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