A Message from PWSC’s President & CEO Regarding Coronavirus
To all of our valued partners and clients, we wanted to relay that our thoughts are with you and your family as well as everyone
Builders Risk Management
Builder Structural Warranties as Necessary as Risk Insurance
Residential developers and general contractors must maintain insurance policies for every project. While insurance is a requirement for new home construction, builders have a wide
The Latest News on Home Builder Warranty Accruals
Warranty accrual rates in the residential construction industry have recently seen substantial growth. What is driving the increase, and what should new home builders know
Will New Home Builders Be Tech Companies?
Smart home features are becoming more and more common in U.S. households. While the needs of each home vary, residential tech automation can involve energy
How is the Cost of Land Limiting New Home Builders?
According to a study on metropolitan land values by David Albouy, Minchul Shin (from the University of Illinois) and Gabriel Ehrlich (from the University of
2020’s Recession Anxiety Not Deterring Summer’s New Home Buyers
Over the last few years, the U.S. economy has been gaining strength and viewed with general optimism. However, historians, economists, and real estate experts predict
Is 2019’s Summer Home Buying Season a Boon for Builders?
According to recent forecasting by the economic researchers at Freddie Mac, an increase in both the price and the number of home sales in the
Are Structural Home Warranties One of the Keys to Pending Home Sales?
According to a December 2018 market snapshot from NAR (National Association of Realtors), pending home sales in the United States were down by 9.8 percent
Can Home Builder Warranties Mitigate Litigation in 2019?
When it comes to the home building market, risks cannot be avoided, especially for complex residential construction projects. According to Jeffrey Kozek, a principal at
WHITEPAPER: Home Building & Data Security: What Can Builders Do to Help Protect Their Clients
Target made national headlines five years ago when hackers exposed the debit and credit card information of more than 41 million customers. The widely publicized