News

'Tis the season for home maintenance
Regina Leader-Post
Hire a qualified, licensed inspector who knows what they're doing. How do you know if they're qualified? Ask a lot of questions, and check out the Canada Mortgage and Housing Corporation fact sheet, Hiring a Home Inspector. Catch Mike Holmes in his new ...

CoStar: Depressed home prices are leading to an increase in new construction
Washington Post
While the nation's for-sale housing market continues to improve, don't lose sight of just how much runway is left in the recovery before the existing home market is restored to equilibrium, and how that dynamic is serving to catalyze new home construction.

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Directors Resign From Australian Construction Company Leighton
Wall Street Journal
It was the second time in less than two years that Sydney-based Leighton, Australia's largest construction company by market value, has radically reshaped its board. In 2011 Chairman David Mortimer and Chief Executive David Stewart stepped down within ...

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China Daily
CCB Profit Rises 14%, Weakest Since 2006
Wall Street Journal
China Construction Bank Corp., the country's largest lender to home buyers, said its net profit rose 14% last year, helped by healthy net-interest income and higher commissions, although it was the slowest profit growth since 2006. CCB is the first of ...
China Construction Bank Quarterly Net Rises 16%Bloomberg
China Construction Bank 2012 Net Rises 14%; Slightly Above Analysts' ViewFox Business
China Construction Bank profit $31.2 bn, up 14.1%GlobalPost
Businessweek -Xinhua
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The need for boundless growth is a problem: Catherine Cashmore
Property Observer
It's a remarkable improvement considering overall turnover last year was back at levels not seen since 1996 as we limped through 12 months of no perceptible growth, aside from a slight 'uplift' in the numbers attending both auctions and 'open for ...

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KSTP.com
Heading north? Duluth expanding oversight of vacation rentals
Pioneer Press
"There are some who don't pay sales tax, don't have inspections," he said. "They think it's an easy ... Property owners are now required to give vacationers a detailed accounting of local rules and to inform neighbors of their business. Significant ...
Duluth expands oversight of vacation rentalsIn-Forum

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McGraw-Hill Completes $2.5 Billion Sale of Education Unit to Apollo Global ...
Minonline (subscription)
from the better-performing Standard & Poor's, J.D. Power and Associates, MH Construction, Platts Oilgram, and Aviation Week & Space Technology. They are the foundation for what will be the renamed McGraw-Hill Financial pending shareholder approval ...

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March Snow Storm Covers St. Louis. Are You Prepared?
STLtoday.com
We will come to your home and help you through the entire process of getting things back to normal starting with handyman services to remove downed limbs and a thorough external inspection to assess damage and recommend the repairs needed to protect ...

CBS Local
Construction On US-24 In Oakland County Begins This Week
CBS Local
Construction work will kick off between Frembes Road and M-15 (Ortonville Road), and end with the replacement of the bridge over the Clinton River north of Hatchery Road. Additional work includes drainage and utility upgrades, making sidewalks ...

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Despite fiscal woes, officials see revival in Wayne
Hometownlife.com
Despite a more than 7 percent drop in property values and loss of $2.4 million in revenue, the city is seeing industries reinvesting and expanding and businesses renovating and moving from being renters to property owners in the community. “We see ...

Home purchase takes patience
The Province
Have the house, new or used, inspected by a certified, licensed home inspector. If it's an older, detached home with lots of trees, have the perimeter drainage system inspected by camera as a condition of the offer. When purchasing your first home, be ...

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Construction companies call workers 'owners' to dodge millions in costs
Salt Lake Tribune
Most of Utah's problems with worker mis-classification center on the industry practice of labeling construction employees as owners or independent contractors to avoid paying workers compensation, unemployment insurance premiums, payroll taxes and ...

Pipeline sale, past problems, prompt new questions
Salt Lake Tribune
Those lines were blamed for 52 releases of hazardous materials — totaling 1.4 million gallons and $93 million property damage — between 2006-12. In Utah, Chevron has ... "We do not comment on commercial matters," he said in an emailed statement. As ...

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people in business
Norman Transcript
Phillip Graham, managing partner of Vanguard Property Inspectors, LLC, has taken on two leadership roles benefiting central Oklahoma. Graham is the 2013 president of Central Oklahoma Chapter of Oklahoma Residential and Commercial Inspection ...

people in business
Norman Transcript
Vanguard, established in 2009, serves all 77 Oklahoma counties. “So many rural areas don't have a professional home inspector in their communities and I wanted to help them protect their hard-earned investment dollars when buying property,” Graham said.

China Construction Bank 2012 Net Rises 14%, Least in Six Years
Bloomberg
China Construction Bank Corp. (939), the world's second-largest lender by market value, posted its slowest profit growth in six years as the slowing economy curbed demand for financial services. Net income rose 14 percent to 193.2 billion yuan ($31.1 ...
China Construction Bank Quarterly Net Rises 16% on LoansBusinessweek

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Building big in Yuba-Sutter
Appeal-Democrat
Skeletons made of metal and wood are scattered across the bi-county landscape as warmer weather allows contractors to get a head start on construction projects. Six-story medical towers are changing the Marsyville skyline, public works projects are ...

Duluth expands oversight of vacation rentals
Duluth News Tribune
“There are some who don't pay sales tax, don't have inspections,” he said. “They think it's an easy way to make money.” ... The permits also help the city define and identify how renters are operating their property, distinguishing between long-term ...

Kansas City Star
Young lives lost in dangerous jobs
Kansas City Star
After taking charge — “We purchased it for the storage of our grain rather than building more storage at home,” Willard Harbach explained in a deposition — Haasbach leased it to Consolidated, which handled the weighing and inspection of the corn and ...

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Tiffin Advertiser Tribune
Downtown Tiffin has got it going on
Tiffin Advertiser Tribune
Several young business owners have brought forth a new and exciting atmosphere to the downtown area, Seneca Industrial and Economic Development Corp. President and CEO Rich Focht said during his quarterly report to Tiffin City Council March 18. ... He ...