The Crazy Days are Back, New Construction Stretches Out
I am seeing more and more homes going up in our area as well. I welcome the building but not the long build times. I am not seeing a 9 month wait here yet.
The Crazy Days are Back, New Construction Stretches Out
Labor Shortages Causing Longer Lead Times
Today I worked with a customer contracting to build/buy a new home in Naples. Contract to move-in time was quoted to be nine months! Now, we're talking about a nice home but it is a builder's tract home model.
What's causing the delay? In general, a labor shortage. Homes are lined up just waiting for the availability of labor and material to start the next phase.
We drove buy several homes in the state as the one pictured to the right. Blocks are up and they are sitting there waiting their turn for delivery of trusses and the labor to put them up. We were told that the shortage is nationwide.
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Bob Pisa, REALTOR
Downing-Frye Realty, Inc.
Naples and Bonita Springs offices
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