Tag Archives: Homebuilders

Homebuilders’ woes coming from many directions

Read next: Here’s how much lumber costs have added to new home prices Labor shortages aren’t an issue, he said, but those shortages put things on hold: “We don’t necessarily have a labor shortage, but we can’t start because of potential delays.” Sub-zero refrigerators and Viking ranges are all the rage among luxury supplies, but […]

Homebuilders’ sales expectations drop dramatically, as mortgage rates soar

A contractor frames a house under construction in Lehi, Utah, U.S., on Wednesday, Dec. 16, 2020. Private residential construction in the U.S. rose 2.7% in November. George Frey | Bloomberg | Getty Images Rising mortgage rates are starting to take their toll on the nation’s homebuilders, who are more concerned about affordability heading into the […]