Are you in the housing market and considering a new build as opposed to buying? If so, you may find further headaches with obtaining permits and finding contractors who can take on the job.
According to information from the Builders Association of Greater Indianapolis , there is a 17% decrease in single-family building permits in central Indiana’s nine-county area.
"The cost of homes right now, especially, it's about the same to build as it is to buy,” Salinetro said. “That's why we made the decision to just go ahead and build." "It's really the lack of labor but also the cost of labor,” Drake Branda, Director of Government Affairs at BAGI, said. "We order windows and doors way earlier than we use to,” said Gray. “You use to be able to get cabinets in five or six weeks well we are ordering them 16-18 weeks ahead of time."
While these new challenges are affecting both builders and consumers, builders say homes will continue to be built.
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