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The First Quarter Data is Almost In! Are you Connected?

The first section of the First Quarter Report contains Charts showing the number of new single family home, apartment, condo, duplex, and total living units started in the first quarter. These graphs are separated by county. Following that are graphs showing current mortgage rates and unemployment rates. This section also lists the number of new single family starts for the last ten years by quarter and the last five years by month.

The second section of the First Quarter Report covers home start information. Jurisdiction Summary Statistics lists first quarter new home starts for the last five years by county and by municipality. Builder Starts per Jurisdiction shows each builder that has pulled a permit for a new single family home during the first quarter organized by county, municipality, and the construction cost listed on the permit. Single Family Starts By Construction Value shows what percentage of the total market different construction values hold for the first quarter. The same applies to Single Family Starts By Square Footage. Average Square Footage per Jurisdiction is pretty self-explanatory. The Multi Family Starts page shows starts by type, county, then municipality and shows the builder name, number of units and address for each project. The Remodels and Additions section is organized by county then municipality and shows the builder name and project address for projects with a reported value of $75,000 or above.

The third section of the First Quarter Report contains Builder Information. The Builder Ranking List shows builders and the number of homes started in the first quarter. It also shows the total number of active builders in the first quarter this year compared to last year. The New Builders section shows the company name, address, and number of homes built in the first quarter for each builder. For the purpose of Builder Track’s reporting, “new builders” are listed by individual coverage area. Some of these builders may have been active in other areas or active under another name. This means that if John Doe with Work Hard Construction Inc. has been building in the Grand Rapids area, he will still show as a new builder when he starts his first project in the Lakeshore area. A contractor would also show as a new builder if they haven’t been working on projects that fall into our reporting. So John Doe may have been around for 20 years, but if he just starting working on larger value projects that are included in our reports, he would be listed as a new builder. New builders are listed this way to ensure that our customers don’t miss an opportunity to connect with a builder who is newly in the location or price range of their target client base. We do our best to keep track of contractors, even as they change company or DBA names, however, its possible that if John Doe changes his company name to Work Smart Construction LLC, he could show as a new builder in our records.

Think You’ve Connected with ALL the Active Builders in Your Area? Think Again.

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It’s Spring and Michigan Home Construction is Picking Up!

Plants are starting to grow, but what about your business?

In the past two weeks Builder Track has reported almost 400 new building projects across our seven coverage areas in Michigan. Of those projects, 285 were new single family homes! Other building projects we report on include multi-unit condos and apartments, new commercial buildings, and large remodels & additions. The data is broken down by report area in the chart below.

As building picks up for the season, it’s important not to miss any opportunity to grow your business! Builder Track’s Bi-Weekly Reports are just what you need to get that edge on your competitors, making it easy to contact active contractors right as they are beginning a new project. The Bi-Weekly Reports are your source for the most up-to-date information on new residential building starts and construction leads in Michigan.

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Think You’ve Connected with ALL the Active Builders in Your Area? Think Again.

In 2020 Builder Track Reports reported as many as 42 NEW builders in EACH of our seven coverage areas. Depending on the number of areas subscribed to, that could mean 200+ potential new clients for your business in just one year! And that doesn’t even include the existing active builders we report on regularly that you may not have connected with yet.

Given that the Covid-19 pandemic started in the spring of 2020, one might expect that the numbers wouldn’t be representative of a typical year. However, overall, only the 2nd quarter showed any meaningful difference in the number of new builders across our combined coverage areas. The drop in the second quarter resulted in lower totals for 2020 but the first, third, and fourth quarters had a comparative number of new builders. For comparison, 2019 and 2020 are both shown below.

There are two ways to keep up with new active contractors in your area by using Builder Track Reports. Our Bi-Weekly Reports are published every other week and will show builders who have been issued a permit for a new home in the last 14 days. This means you’ll have contact information, including phone number, email, and contact name for new and existing builders in your area as soon as they’re beginning a project. The other option for staying up on who’s building in your area is our Quarterly Reports. These reports are published four times a year and provide a list of newly active builders each quarter, including mailing addresses. Each Quarterly Report also lists existing builders active in the coverage area during that quarter.

For the purpose of Builder Track’s reporting, “new builders” are listed by individual coverage area when they first build a new house or larger remodel/addition (over $75000 construction value). Some of these builders may have been active on smaller projects or in other areas or active under another name.

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Is Your Construction Supply Company Reaching Your Entire Market?

Builder Track provided thousands of Michigan construction leads to our customers in 2020. Are you reaching your entire market? Each lead includes contact and job site information, making it fast and simple to call on active contractors in your area. We expect 2021 to be an excellent year and having full details about the activity in your market is a huge benefit. In addition to new single family homes, we also report construction details for condos, apartments, duplexes and select remodels/additions and select commercial projects.

Get the opportunity to call on every active residential builder. Click the SUBSCRIBE button to sign up now or head to the Bi-Weekly Reports page to learn more!