KPM

Construction & Real Estate

Building Your Future

In the construction and real estate world, market swings can have a big impact on your business. Position your company to take advantage of the upticks and endure the downturns by working with our team of CPAs and industry advisors. We help you build a realistic outlook and make informed financial decisions as you work toward your goals. Whether you want to improve profitability for your next construction project or expand your real estate portfolio, KPM can help.

How Can We Help?

Trade Associations

Home Builders Association of Greater Springfield

KPM is a proud member of the HBA of Greater Springfield and appreciates the opportunity to assist fellow HBA members with a wide range of tax, accounting and consulting solutions. Connect with our construction and real estate team today.

Versed in Your Industry

  • Construction
  • Real Estate

The construction industry momentum is expected to continue between 2021 and 2025, with a 4.7% compound annual growth rate.

The U.S. construction industry is expected to grow 15.6% to $1.5 trillion in 2021.

U.S. construction output is expected to reach $1.8 trillion by 2025.

Influencers

  • Overall economic strength
  • Interest rate fluctuations
  • Availability & access to lending capital
  • Local market drivers, such as zoning law changes, real-estate tax increases & changes in population

Subsectors

  • Single-family homes
  • Multifamily housing
  • Housing operative builders
  • Residential remodeling
  • Commercial building

Source: ResearchAndMarkets.com, Dun & Bradstreet

The commercial real estate industry is expected to reach $1.2 trillion in revenue by 2026.

In the second quarter of 2021, the median price of single-family homes was 22% higher than a year ago.

The rental and leasing subsector enjoyed a 49% profit margin in 2021.

Influencers

  • Housing market trends
  • Vacancy rate
  • Consumer spending
  • Homeownership rate
  • Corporate profit
  • Interest rates
  • Construction activity

Subsectors

  • Residential
  • Commercial
  • Rental & Leasing

Source: National Association of Realtors, IBISWorld

Ready to speak with one of our advisors?

At KPM, we’re responsive, resourceful and respectful of your time. Our professionals are always available to answer any questions you have. We’ll connect you with the right person right away.

KPM_LOGO