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Small Builders Bear Brunt of Rising Costs | Real Estate News
Homebuilders are under serious pressure as material costs surge—up nearly 7% in July—with smaller builders hit hardest, paying a median 9.1% more due to lack of bulk-buying power. Meanwhile, big developers see only a 1.8% increase thanks to their negotiating edge. Construction is slowing as builders prioritize selling existing homes amid a nine-month supply of new listings, while fewer buyers sign contracts—affordability’s the real killer for both sides. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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