The Daily Reporter – WI Construction News & Bids Wisconsin's Construction Authority

Even as Wisconsin homebuilders complain that the cost of regulatory compliance makes new homes unaffordable to many, their counterparts in Minnesota are hailing a ruling they say will help make housing prices more reasonable.

U.S. long-term mortgage rates held steady this week amid mixed signs in the housing market. Rates remain at historically low levels as a lure to prospective homebuyers.

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A bill in the state Legislature would set new rules for inspectors who evaluate homes before they're sold, by establishing a stricter state licensing system and changing how inspectors record defects.

Tagged with: Department of Safety and Professional Services homes Kathy Bernier Rob Brooks

Federal prosecutors are suing a De Pere contractor over allegations that is has been misleading customers into taking on high-risk construction loans, giving bogus information to lenders and threatening anyone who has complained of shoddy or stalled projects.

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After a year that has seen some of the worst flooding ever in parts of the Midwest, concern is already rising that the spring of 2020 may bring more high water to places that still haven't fully recovered.

Tagged with: flooding Mississippi River Residential Construction

Sales of new homes dipped slightly in October from what they had been in September but remained well above the figure for a year ago as lower mortgage rates helped spur purchases.

Tagged with: Residential Construction

The Milwaukee Common Council plans on Tuesday to take up a budget veto that Mayor Tom Barrett used to block a $400,000 increase for blight removal.

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The Milwaukee Bucks star Giannis Antetokounmpo is suing a home-remodeling contractor he says failed to perform the work for which he was hired.

Americans took advantage of lower mortgage rates and purchased more homes in October, though sales were held back by a shortage of properties for sale.

U.S. home building jumped 3.8% in October, a good sign for the economy as developers foresee steady demand.

Tagged with: Residential Construction