The criteria for which owners are selecting construction companies to build buildings are changing rapidly. Cost is still the number one factor in why companies win new business. The second is the owners' belief that the construction company can effectively apply IT technology to projects in order to reduce cost and stay on schedule.

In real estate, nesting is the new flipping

The home remodeling business suffered along with the rest of the residential construction industry but there have been signs lately that it may be picking up.