By Karen Schutte | Real Estate Daily News
Builder News is reporting that home builders worry about the lot supply in many markets lagging behind demand. Municipalities’ failure to keep pace with their processes makes penciling in the next 24 to 36 months’ land strategy a big challenge.
Lot supply is a bigger worry than labor or lending availability right now. It makes sense that if you can’t get home sites, the other two issues shrink measurably as headaches to builders.