Phoenix sees big jump in construction jobs

“If you treat people right they will treat you right – ninety percent of the time.”
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Kristena Hansen Reporter- Phoenix Business JournalMar 22, 2013, 12:59pm MST

Metro Phoenix managed to lure 6,000 new construction jobs in January from a year ago — the fourth biggest jump in the nation, according to a report Friday by the Associated General Contractors of America.

The 6,000-job gain was a 7 percent rise year-over-year, bringing the Valley’s construction workforce to a total 88,500 in January, according to the report, which is comprised from data from the U.S. Bureau of Labor Statistics.

The Dallas area posted the largest job gain of 10,000 during the same period, followed by Los Angeles’s 9,600 jobs and Houston’s 8,700 jobs.

Phoenix, however, was among only 43 percent of the total 339 metro areas nationwide that saw construction jobs increase.

About 42 percent, or 141 areas, saw industry employment decline — the biggest being in Chicago and Detroit, each of which lost 3,500 jobs — and about 15 percent experienced no change at all.

Although demand for construction has finally been picking up, AGCA officials said the industry may have a hard time keeping up as a widespread shortage of skilled workers is looming — a harsh reality that Phoenix has already been experiencing in recent months even despite its employment gains.

AGCA officials said the short supply of skilled construction workers is a consequence of the economic downturn.

When construction projects came to a standstill during the recession, many workers were forced to leave the industry or retire altogether. The industry’s “dire conditions” during that time also continues to deter younger generations from pursuing careers in construction.

“Between the challenges of attracting new recruits and retaining out-of-work ones, there aren’t that many skilled workers waiting for a callback in many parts of the country,” said Stephen Sandherr, CEO of the AGCA, said in the report. “If the industry continues to add jobs, it won’t be long before contractors in some parts of the country are scrambling to find enough skilled workers to meet demand.”

Kristena Hansen covers residential and commercial real estate.

 

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Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial Investment Real Estate Broker in Arizona now for 15 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial and  Landspecialist in Phoenix and a Landspecialist in Arizona.

1.

WHETHER YOU LEASE OR OWN

NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.

 

In my opinion we are at bottom of the cycle in Commercial Real Estate in Phoenix, so there is only one way and it’s called we are going up again and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix.  The prices on deals I may get you will not be around forever.

 

2.

IF YOU OR ANYBODY YOU KNOW IS IN TROUBLE WITH YOUR BUSINESS, AS MANY AMERICANS ARE IN THE MOMENT, AND ARE ABOUT TO LOSE YOUR COMMERCIAL PROPERTY, PLEASE CONTACT ME.  IF YOUR BANK IS BEHAVING BADLY I MAY BE ABLE TO HELP YOU GET OUT OF SOME OR MAYBE A LOT OF FUTURE HEADACHES.

 

3.

WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME

  We barely could give land away the last few years, but times are changing.  Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.

Since I was a Land Specialist in Arizona and a Land Speciaost in Phoenix many of my clients, Sellers and Buyers remember me and now they are calling me again, so this is the time to get back into land and none of my clients, including future clients, will miss out on getting their best deal.

Also, if you are up-side down on your land, like many Americans, and the lender is giving you a hard time, now is the time to put your land on the market. Lenders are making deals now with short sales.  I have been working with banks for many years – I learned how to work with them.

 

If you have any questions about the 1 to  3 above, about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.

 

Please reply by e-mail walterunger@ccim.net or call me 520-975-5207 (cell)  602-778-5110 (office direct).

 

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Thank You

Walter

 

Walter Unger CCIM

Associate Broker

Kasten Long Commercial

2821 E. Camelback Road, Suite 600

Phoenix,AZ85016

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