Building with Southern yellow pine gets tricky in Texas, where high humidity causes the wood to bow. Fir doesn’t have that problem—but it also costs more.
That’s just one example of the tough decisions home builders like Eddie Martin, president of Tilson Home Corporation, are having to make to stay competitive in today’s housing market. Martin’s company, which builds about 400 homes a year throughout the Lone Star State, has already had to reduce its floor plan options. Now they are looking at the materials being used in their overall building package for ways to scale back or offering fewer options in an effort to help offset the skyrocketing cost of building new homes.
It’s the great irony of the post-recovery housing market: Despite home prices soaring nearly 50 percent since 2012, homes are growing more affordable for buyers. On the construction side, however, building a home is anything but affordable, and it’s only getting tougher. Continue reading and/or download Americans are Leaving High-Priced Housing Markets: What Should Builders Know?
…Those willing and able to tailor their products and services can tap into a buyer pool vastly underserved in today’s market.
The key is unlocking what today’s buyers really want.
There is a buzz in the home construction industry and it isn’t just the sound of power saws. One topic has everyone talking—build-to-rent (BTR) single-family
Misconceptions among builders regarding commercial general liability (CGL) policies and structural warranties are common. The misunderstanding we hear most is “Insurance covers it all.”