Fulton Homes’ letter sign of times for homebuyers

(Disclosure: Rose Law Group represents Fulton Homes.)

By Paul Maryniak | Mesa Tribune

As if anxious homebuyers in the East Valley don’t have enough to worry about, that troublesome barge in the Suez Canal piled on their mounting woes – as did the brutal winter storms in Texas two months ago.

Fulton Homes last week cited the stuck Suez Canal barge, the storms and the pandemic in a letter to customers who had put down a deposit for a new-build, offering them a refund because supply chain disruptions made it impossible to say when their new home would be completed.

It said window production has been cut in half by its supplier because of the pandemic, plywood for its walls is in short supply, cabinet orders are three to five months behind and that now it has no roof sheathing for 1,200 homes under construction.

“Unfortunately, in the current highly volatile environment, there is no way to accurately project when homes will be completed,” its letter to customers said. “There may be a one-month delay or a 6+ month delay on home closings; Timelines change daily.”

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