According to a recent HMI Survey – Cost/Availability of Labor is the main issue builders expect to face as we move into the 2016 busy season – in fact 76% of builders expect the cost of labor to increase as availability decreases in 2016, this issue has increased in importance over the past three years.
Other problems on the list include:
- Cost/Availability of Developed Lots
- Building Material Prices
- Federal environmental issues and policies
- Regulation of banking/financial institutions
- impact/hook-up/inspection or other fees