7-29-2014 Builders, Contractors and Tradesmen are available…for now

When housing is strong (and it’s getting stronger every day) there is a waiting list for contractors.
At the height of the housing boom, one of the most discussed topics at builder meetings was the fact that fewer people were entering the trades and builders were having difficulties hiring enough experienced people to form full crews. Today, there is a ‘window of opportunity.’ When crews are available without long waits, homes are built and finished in less time, requiring less interest on construction loans. This favorable situation is temporary, rapidly changing – and cyclical.