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Builders Say Labor Shortages at Record Highs
A record number of home builders are reporting a shortage of workers such as carpenters, painters, and electricians, the National Association of Home Builders reports. The shortages come at a time when demand is increasing for new homes. Builders are struggling to meet demand and faced with both surging prices for materials and shortages of lots. The share […]
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Seller Profits Increase Across U.S. in Third Quarter as National Median Home Price Reaches Another Record
Typical Profit Margin on Home Sales Nationwide Increases to 48 Percent, Hitting Highest Level in Past 10 Years; Returns Rise at Fastest Pace Quarterly in Seven Years and Annually in More Than a Decade; Median U.S. Home Price Jumps 16 Percent, to $310,500. IRVINE, Calif. – Nov. 4, 2021 — ATTOM, curator of the nation’s premier property database, […]
