If there’s one thing most Houston homebuilders can agree on it’s this: Building an affordable home isn’t getting any easier even in a market recognized for its relative affordability. Skyrocketing diesel prices, shortages of building materials and permitting delays are raising costs and slowing down construction times for homebuilders in […]
Affordability
With Housing Affordability in Doubt, Homebuilders are Taking a Beating
By many metrics, the US housing market is as strong as ever. Homes are worth more than at any time in history and according to Realtor.com, the national shortage stands at 5.2 million homes, up from the 3.8 million gap in 2019 (makes you wonder where people lived pre-pandemic). For […]