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Building Homes in 2021

Home builders today are facing many challenges in the market place. Lack of inventory, supply chain disruption, raw materials increase, and labor shortage. This has affected the construction industry tremendously! As a result, it leaves current home owners questioning if it’s even worth building or renovating during these unprecedented time. The question here is does the future outlook is going to better tomorrow or just absorbed the cost and build your home today with less amenities. For example, a potential homeowner wants to build an addition he now has to take into account that his built out cost is going to be 30% percent higher than a year before.