November 17, 2024 2:37 am
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Excessive litigation a threat to New Mexico home construction

By Chris Ramirez | KOB 4

A flurry of lawsuits filed in and around Albuquerque are being blamed for an increase in home building costs causing a number of subcontractors to go out of business or experience difficulty staying in business. 

“If this carries on, it will have devastating impacts on construction here in New Mexico,” said John Garcia, Executive Vice President of the Home Builders Association of Central New Mexico.

Garcia has been sounding the alarm that an excessive number of lawsuits are slowly dismantling the home construction industry.

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