Labor is Top Problem Faced By Builders Going into 2016

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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

Read more:

  1. http://eyeonhousing.org/2016/02/labor-is-top-challenge-for-builders/