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All posts by Jonathan Jones

Jonathan Jones is a senior writer for Construction Coverage. He received his J.D. from Loyola Law School in Los Angeles in 2017 and has degrees in Philosophy and Political Science from UCLA. Growing up, Jon spent many weekends working with his father restoring classic cars in his father's shop and working on small improvement projects at home. He is an avid sports fan and law-nerd who spends much of his free time researching construction, real estate, business, and AI law and watching/researching sports.

New residential construction
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U.S. Cities Spending the Most on Residential Construction

One of the major housing market trends that has emerged from the COVID-19 pandemic is a preference for single-family housing, and this increased demand is driving a surge in new home construction. For years, many people—especially more mobile, younger populations—were gravitating toward higher-density living in urban areas with an attractive lifestyle and plenty of economic ...

Construction Accounting Software

The Best Construction Accounting Software for 2021

Accounting is an essential aspect of running any type of business, but it is especially important in construction. In fact, it’s been said that “Construction companies are really accounting companies that just happen to build buildings.” Each individual project in the field of construction varies in size, scope, materials, and labor costs, so owners and ...

Landlord Insurance

The Best Landlord Insurance Companies for 2021

Landlord insurance is the form of insurance that covers potential losses a landlord might encounter while renting a residential or commercial property, including property damage, liability claims, and lost rental income. This guide is designed to help landlords understand what landlord insurance is, how coverage works, how much policies cost, how to compare policies and ...

Young black man at work
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Cities Most Dependent on Small Businesses

Small business is often held up as a key driver of the U.S. economy, and for good reason. According to the U.S. Small Business Administration, small businesses account for 64 percent of net private-sector jobs created since 2005. Collectively, small enterprises employ around 60 million Americans, which represents nearly half of the private workforce in ...

Coastal Florida
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U.S. Cities Most Impacted By Sea Level Rise

Increasing global temperatures will bring changes to our environment, economy, and society, but one of the most pronounced effects will be the impact on sea level rise. A 2019 report from the UN’s Intergovernmental Panel on Climate Change (IPCC) estimated that global mean sea levels will most likely rise between 0.95 feet and 3.61 feet by 2100 ...

Brooklyn homes in winter
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Cities With the Biggest Drop in Rent Prices Since COVID

Since the first major outbreak in March 2020, the effects of the COVID-19 pandemic have continued to unfold. One emerging trend is a drop in rent prices in select major metropolitan areas, countering the long term trend of sustained price increases in these locations. Explanations for the recent decline include the rise of remote work and the ...

Home foreclosure sign
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U.S. States With the Most Mortgage Delinquencies

Amid record-breaking unemployment numbers resulting from COVID-19, millions of Americans are struggling to make their mortgage payments in 2020. In response to the crisis, the CARES Act invoked a moratorium on home foreclosures for all federally-backed mortgages that extends until the end of the year. The Act also placed many federally-backed mortgage loans into forbearance, ...

Nice American home with a beautiful front yard
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Cities Where Housing Costs Have Risen Fastest Relative to Income

Despite decades of record-setting home sales, owning a home has become increasingly difficult for the average worker. Mortgage interest rates are historically low, yet hourly earnings have failed to keep pace with rising housing costs. Data from the federal government indicates that although earnings for production and nonsupervisory workers increased by approximately 80 percent between ...

Beautiful Denver cityscape on a sunny day
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Cities With the Largest Increase in Home Prices Over the Last Decade

According to data from Zillow, home prices in the U.S. have climbed over 42 percent in the last decade. While the country’s housing market as a whole recovered strongly from the lows of the Great Recession, the recovery was not evenly distributed throughout the country’s major cities. As residents of some cities are being priced out ...

Construction workers
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The Best-Paying Cities for Construction Workers [2020 Edition]

According to recently released data from the U.S. Census Bureau, total construction spending in the United States amounted to $667.9 billion during the first six months of 2020. While this total represents a 5 percent increase over the same period in 2019, spending has decreased by about $86 billion since the onset of the pandemic in ...

Home Kitchen

The Best Home Warranty Companies for 2021

If you own an older home or your home’s appliances are no longer covered under a manufacturer’s warranty, there is a good chance you should look into purchasing a home warranty (also known as a home service contract) to get extra protection for your home’s systems and appliances. This guide will cover all of the ...

Renter's Living Room

Best Renters Insurance for 2021

When moving into a new rental, there is plenty to think about, from transporting your belongings and hooking up the internet to finding the best nearby coffee shop and gym. With so much to be excited about, new renters may not be thinking about insurance, but they should be. Renters insurance is a cost-effective way ...

Manufactured home
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U.S. States Where Manufactured Housing Is on the Rise

After years of decline starting in the late 1990s, manufactured housing has been gaining in popularity over the past few years. Unlike site-built homes, which are directly constructed on a plot of land, manufactured homes are pre-assembled in factories and then transported to the location where they will be used. According to the U.S. Census ...

Residential home
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Cities Whose Residents Have Paid Off Their Homes [2020 Edition]

The recent economic shutdown resulted in record unemployment and left millions of Americans struggling financially. Even as all 50 states have started reopening, the economy has a long road ahead to full recovery. Housing costs are often the biggest line item for most people’s budgets, and the current economic downturn has made it difficult for ...

Residential construction
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Cities With the Sharpest Drop in Construction Activity Amid COVID-19

When the coronavirus pandemic upended the U.S. economy, many states halted or limited construction work. While real estate development is beginning to resume, recently released data from the U.S. Census Bureau showed an unprecedented drop in residential building permits comparing April of this year to April of 2019. Nationally, there was a 20 percent decline ...

Oil refinery
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Cities Hit Hardest by the Drop in Oil Prices

The COVID-19 pandemic has sent the world economy into turmoil as lockdowns around the world have caused economic activity to grind to a halt. The demand for oil has crashed in the wake of the growing pandemic, sending oil prices diving and even dipping below $0 per barrel. According to the most recent data from ...

Small business storefront
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American Cities With the Most Small Businesses

Small businesses across the United States face dire circumstances following the COVID-19 outbreak. While each individual small business might seem inconsequential to the broader economy, in aggregate, these firms are critical to the country’s financial well-being. According to the most recent data from the U.S. Census Bureau, small businesses with fewer than 50 employees make ...

Hospital Emergency Room
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The Best Workers’ Compensation Insurance Companies for 2021

Workers’ compensation insurance (also known as workers’ comp or workman’s comp insurance) is coverage that compensates employees of an insured company when they are injured due to work. This guide will cover the basics of workers’ compensation insurance, including how it works, what it covers, costs, and requirements. This guide will help companies analyze the ...

Terminix vs. Orkin

Comparing Orkin vs. Terminix: An In-Depth Review

Whether you are dealing with a current termite infestation or are simply looking to take preventative measures, finding a reliable termite control company to work with (like Terminix or Orkin) is critical. The EPA estimates that termites cause billions of dollars in property damage every year. Additionally, most homeowners insurance policies don’t cover termite damage, ...

Commercial auto insurance

The Best Commercial Auto Insurance Companies for 2021

Commercial auto insurance is a form of car insurance that protects vehicles used for business activities. If you frequently use your personal vehicle for business, or your business owns a commercial vehicle, there is a good chance you should have commercial auto insurance. Because personal car insurance will not cover vehicles used for business, people ...

home remodel

The Best Home Equity Line of Credit Lenders & Rates

Taking out a home equity line of credit (HELOC) is a great way for homeowners to use the equity they’ve built in their home to fund renovations, finance major purchases, or consolidate debt. If you want to borrow money against your home, choosing the right HELOC lender is essential. Getting a line of credit from ...

manufactured home
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A New Home for $70k? The American Dream Gets a Remodel

Owning a home has long been considered an essential part of achieving the American dream. But with skyrocketing housing costs and stiffer borrowing requirements following the Great Recession, many have struggled to make that dream their own reality. In the midst of America’s ever-present housing crisis, a once-familiar, low-cost alternative to traditional site-built homes has ...

R

RFI – Request for Information

What is an RFI? In construction, RFI is an abbreviation for Request for Information. It refers to a solicitation of details or additional information about an aspect of the project that needs clarification. RFIs may be sent to, or from, anyone involved in the construction project, including the owner, construction manager, general contractor, architect, designer, ...

Construction Workers on a Job
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The Best Paying Cities for Construction Workers

The construction industry is one of the largest in the United States and, according to the Census Bureau, is currently responsible for more than $1.3 trillion in annual spending. That number is up from a modern low of $788 billion in 2011 following the Great Recession. Since then, nearly a decade of broad economic growth ...

Construction spending public vs. private

Construction Spending in the United States

Total Construction Spending The construction industry is one of the largest industries in the United States, responsible for more that $1 trillion in annual spending. Since 2011, total construction spending has grown by 7.9 percent annually and is expected to maintain a similar compounded annual growth rate to reach $1.78 trillion by 2022. For context, ...