The current homebuilding environment is a tough one. Builders and homeowners like us are dealing with historically high prices and historically low availability in building materials and labor. In this week’s episode, I’ll tell you about a May 2021 survey done for the National Association of HomeBuilders/Wells Fargo Housing Market Index (HMI). The survey outlines the percentage of builders in the US who have ordered building materials and experienced significant shortages in those materials.
I’ll also give you a few ideas for what to do during construction delays that might result from materials shortages.
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