Real Estate Marketing & Beyond

Home Builders/Developer's

A shortage of windows is causing yet more headaches for home builders

By Mike Wheatley | November 29, 2021

Home Builders/Developer's

Shortage of construction workers hits "crisis level"

By Mike Wheatley | November 8, 2021

Anyone looking for a career change that doesn’t have the advantage of a college degree could do a whole lot worse than retraining as a construction worker. Amid huge demand for new homes, at least 740,000 new construction workers will be needed each year for the next three years, according to a new report by […]

Home Builders/Developer's

Watch out: Lumber prices are increasing again

By Mike Wheatley | October 28, 2021

New home buyers need to brace themselves for yet more price hikes, as lumber prices are on the rise again. The extra costs will likely be passed on to home buyers by homebuilders, reports say. Lumber prices fell from record highs over the summer, but that decline seems to have been short-lived. Prices bottomed-out in […]

Home Builders/Developer's

Builders paying more for substitute materials to avoid construction delays

By Mike Wheatley | October 10, 2021

Home builders are struggling with shortages of materials they need to finish their projects, including wood paneling, ceiling joists and pipes. Faced with the prospect of delayed schedules, they’re racing to find substitute materials instead, but that process is adding to their costs. The Wall Street Journal reported this week that supply shortages have dogged […]

Home Builders/Developer's

Prices of building materials have soared in the last year

By Mike Wheatley | August 18, 2021

Building material costs have jumped by almost 20% in the last 12 months, and by 135 in 2021 alone, according to new data from the Bureau of Labor Statistics. The prices rises are putting pressure on home builders, who in turn are raising their prices. Buyers have seen new home prices rise to a median […]

Home Builders/Developer's, Real Estate Technology

Will hemp homes solve the building material shortage?

By Mike Wheatley | August 5, 2021

Sky rocketing prices for building materials have been a common complaint from home builders over the past year. The costs of lumber, steel and concrete have all soared, and now some are promoting the idea of hemp as a more affordable alternative. Hemp does contain cannabis, but the concentration of THC is much, much lower […]

Home Builders/Developer's

New home sales slip as buyers are priced out

By Mike Wheatley | July 29, 2021

New home sales have fallen to their lowest level since the early days of the COVID-19 pandemic, suggesting that the housing boom could be coming to an end. Data from the U.S. Census Bureau released Monday shows that new single-family home sales in June fell to a seasonally-adjusted rate of 676,000 units, down 6.6% from […]

Home Builders/Developer's

Lumber prices fall fast, but building costs remain high

By Mike Wheatley | July 9, 2021

Lumber prices have dropped like a stone in recent weeks following months of record highs, but builders are still waiting to see the benefits of that fall. Meanwhile, new home prices keep on rising. The high price of lumber has long been cited as one of the main factors driving up home prices over the […]

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