There is no shortage of issues plaguing the construction industry all across the nation; from labor shortages, to supply chain problems, and manufacturing delays. While most of the concerns stem from the pandemic which has now died down, the construction industry is still feeling its effects now. If you are planning to start a construction project such as building a new home or remodeling one with an addition or accessory dwelling unit, be prepared for some delays. There is a lot of builders and contractors can do to help alleviate the stress of lengthy timelines but you as a homeowner or client should be prepared to understand where supply weaknesses are currently in the construction industry.
Build material costs are back on the rise with lumber leading the way. But there are ways owners and developers can protect their budgets. With value engineering and working with a design-build company or contractor that starts with design phase of a project.
Denver’s housing inventory continues to be strained reporting record-low available properties. But with the warmer weather on the rise and the pandemic fading into the background, homebuyers are coming back into the foray now that things are looking up. According to the Denver Metro Association of Realtors, recent metrics have shown that Denver’s median home prices have achieved new heights.
Denver’s housing inventory continues to be strained reporting record-low available properties. But with the warmer weather on the rise and the pandemic fading into the background, homebuyers are coming back into the foray now that things are looking up. According to the Denver Metro Association of Realtors, recent metrics have shown that Denver’s median home prices have achieved new heights.
Recent Comments