Few new projects opened just before the crash because
of high construction costs, and fewer new properties have started construction in the recovery.
Starter homes are harder to come by as builders struggle to offer more entry - level real estate options
amid higher construction costs, a new study shows.
Demand for apartments continues to be strong in Orange County,
where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
That increase is a result
of higher construction costs, as well as a $ 59,000 replacement of the lower part of the southern stairway that was not previously in the plan, park officials...
Demand for apartments continues to be strong in the area,
where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
In Waterloo Region, this one shed could end up costing local taxpayers $ 20 million a year in
higher construction costs.
That increase is a result of
higher construction costs, as well as a $ 59,000 replacement of the lower part of the southern stairway that was not previously in the plan, park officials said.
hypotheticals (that conveniently ignore emissions, homologation,
higher construction costs and unequal fuel prices).
FHA offers even higher loan amounts in Alaska, Guam, Hawaii, and the Virgin Islands due to
higher construction costs.
It's very doubtful any new nuclear power plants will be built due to
their high construction costs and the cost overrun problems associated with the Vogtle and V.C. Summer nuclear plants.
Higher construction costs might make financial institutions more likely to perceive renewables as risky, lending money at higher rates and making it harder for utilities or developers to justify the investment.
While wind energy has thrived in Europe, US developers struggled to put steel in the water due to
high construction costs, Bloomberg noted.
In St. Louis, Mo., REALTOR ® Eric Friedman said his state's historic tax credits program was initially passed in 1997 «because we have a low - housing - cost market in St. Louis, but
high construction costs.
High construction costs are holding speculative activity in check.
Fewer property lots at higher prices, difficulty finding skilled labor and
higher construction costs are among the reasons cited by RCG for why housing starts are not ramping up to meet the growing demand for new supply.
Anecdotally, some properties scheduled to break ground in the first quarter failed to do so because of
higher construction costs, the discovery of new competition in the area, or because they were waiting on final financing approval.
Higher construction costs and more conservative commercial bank construction financing have led to fewer developments.
High construction costs are likely to creep higher this year, says Kenneth Simonson, chief economist at the Associated General Contractors of America.
High construction costs and labor shortages mean builders can't build fast enough to keep up with household formation, and Americans who already own homes are reluctant to sell an asset that is appreciating rapidly.