Real Estate & Construction News Round-Up (05/25/22)

Pillsbury - Gravel2Gavel Construction & Real Estate Law
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Pillsbury - Gravel2Gavel Construction & Real Estate Law

U.S. cities begin leveraging infrastructure coordinators, Texas tax appraisers have been put on notice, China’s property market is projected to worsen throughout 2022, and more.

  • Businesses and real estate agents who continue to adopt proptech will set themselves apart from the competition, augment their business opportunities and enhance their clients’ experiences. (CIO Review)
  • While the $1.2 trillion infrastructure bill will spur new construction jobs, additional workforce development and training will be key to capitalize on new project opportunities. (Julie Strupp, Construction Dive)
  • In Texas, ACTRIS MLS, the subscription service that provides real-estate professionals listings information, including sales prices, issued a cease-and-desist order to the Hays Central Appraisal District, citing unauthorized use of ACTRIS MLS data. (Cindy Widner, The Real Deal)
  • Cities across the U.S. are leveraging infrastructure coordinators to oversee projects as they access millions in federal funds from the Biden administration. (Karen Kroll, Construction Dive)
  • In a recent survey by the National Federation of Independent Business, construction industry business owners are more concerned about the state of the economy than those in other sectors, citing a high level of job vacancies. (Deanna Narveson, Baton Rouge Business Report)
  • China’s property market woes are projected to worsen throughout 2022, with prices remaining flat and sales and investment falling further. (Liangping Gao and Ryan Woo, Reuters)

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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