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Home builders are ordering from Kieffer’s Appliances in Lansdale before they break ground. For some products, there’s a yearlong wait. “People can’t believe this is still going on,” said Jace Kieffer, vice president of the regional retailer. “And yeah, we’re still in the heart of it.” Supply chain problems hit […]
Builders
New Austin home construction boom creating a builder’s market
The Home Builders Association of Greater Austin explains why escalation and termination clauses are being used more. AUSTIN, Texas — Buying a newly built home in Austin’s hot housing market can be a challenge. Labor and material shortages, demand for housing and COVID-19 all play a role. Several homebuyers told […]
Rhode Island proposes crypto rewards for green home builders
A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project’s carbon footprint. The Green Housing Public-Private Partnership Act would oblige the state’s public utility commission to issue annual reports on the utility costs and carbon […]
New classes teach real estate agents how to work with home builders
HomesUSA Alliance HomesUSA Alliance helps Texas agents earn educational credits, gain expertise Bob Hafer Bob is co-founder of HomesUSA Alliance, which he manages and teaches its coursework. His 40-plus years of housing experience qualify him as a knowledgeable resale and new home sales specialist. He has held management positions with […]
Home Builders Can’t Keep Up. The Paradox of Soaring Home Prices and Mortgage Rates.
Housing remains in short supply despite mounting prices. Photovs/Dreamstime Text size The surge in mortgage interest rates is hitting house buyers much harder than home builders. For the latter, it’s brought the demand for homes closer in line with their supply but doesn’t seem to threaten a downturn in their […]
Home builders share industry concerns with Sen. Boozman
Fort Smith-based home builders on Tuesday (April 12) discussed concerns they face in the industry, ranging from rising costs to a shrinking labor pool, with U.S. Sen. John Boozman, R-Ark., with “lumber oligarchs” part of the focus. The meeting was an informal roundtable discussion hosted by the Fort Chaffee Redevelopment […]
Arkansas home builders face supply chain strain amid high demand | National News
(The Center Square) – The demand for affordable housing is high in Arkansas, but homebuilders say they are challenged by supply chain issues that leave them waiting for supplies for months. The state lacks more than 51,000 affordable homes for low-income renters, according to the National Low Income Housing Coalition. The […]
America’s home builders are getting squeezed by the war in Ukraine. Here’s how
That window is now 15 days. For many home builders, supply chain disruptions from the pandemic have meant garage doors are on back order, floor tiles keep getting discontinued mid-construction, and appliances are marooned aboard waylaid shipping vessels. “I do think the impacts are going to hit pretty quickly for […]
How the war in Ukraine is impacting home builders
Video above: Rising costs in fuel, supplies impacts construction companiesFor the past few years, developer and home builder Estridge Homes could bank on the price quotes it received for asphalt holding steady for at least nine months.That window is now 15 days.For many home builders, supply chain disruptions from the […]
Home Builders Are the Cheapest Stocks Around. Is It Time to Buy?
Construction workers on a Toll Brothers home in Boca Raton, Fla. Toll and other home builders currently trade near book value. Joe Raedle/Getty Images Text size The housing market is still robust, but home-building stocks have been rocked this year as investors worry that surging mortgage rates will dampen activity […]
Testing Home Builders’ Knowledge of Residential Plumbing Systems
By Jonathan Simon Choosing the right materials—and ensuring they are installed correctly—is essential to building healthy and reliable homes. Yet, with the range of materials in today’s homes, it can be difficult for builders to be experts on all the materials available to them. Some materials do, however, have a […]