Supply shortage causing delays in AZ new home construction

(Disclosure: Rose Law Group represents Fulton Homes)

By 3TV/CBS 5 | AZFamily

If you’re in the market to build a new home, get ready to wait, and then wait some more. Arizona’s hot housing construction market is being forced into an unwanted slowdown, and there’s not much anyone can do about it.
Chris Fisher is building a house for his family in Queen Creek. Homes usually take 6 to 9 months to finish, but Fisher was told his would take 10 to 14 months. And now, he’s hearing it could get pushed back up to more six more months. “I’d love to get in and get started in our new home, but they can only do what they can do,” said Fisher. “Just be patient and let it come.”

Fulton Homes sent a letter to all its sales associates recently, stating that the COVID-19 pandemic, the freeze in Texas, and the ship stuck in the Suez canal have all dramatically impacted the home building industry, creating a major supply chain shortage.

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