Oregon home builder Jason Adams has used data to make his business more efficient and competitive.
Adams, CEO of Bend, Ore.-based Arbor Builders, found that in a housing industry that is increasingly expensive it is more important than ever to cut unnecessary costs and wasted time. According to Forbes, he created a three-step process for his own company, and now runs Build Intelligence to help others do the same.
First, Adams advocates for centralizing information. This means finding one system that can handle tasks accounting, purchasing, scheduling, sales, and more, so that all important information is in one place and easy to access. The second step is to streamline the permit process so construction starts happen on time. Finally, Adams says to put all the new-found information in one place, so that the whole team can check on up-to-date project statuses.
Advertisement
Related Stories
Housing Markets
Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Housing Policy + Finance
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Financing
Q1 2024 Foreclosure Activity Rises Slightly
Data show New York, Houston, and Chicago topping the list of major metros with the greatest number of foreclosure starts during Q1 2024