With inventory low and prices high, the building industry is in a whirlwind of change and uncertainty. with delays and supply shortages, builders, subcontractors and homeowner's are faced with obstacles that could cost projects thousands of dollars and monthly extensions. With many northerners moving to Florida, the anticipated real estate "correction" is taking longer than expected. As long as there are people willing to buy and build, the market will thrive. With interest rates low, this leaves future home builders with many questions. Should we build? When will the market level out? Should we start since rates are low?
With Ronnie's 20 years of experience in the building industry, we thought it would be a good idea to ask him his thoughts on the current building crisis. Watch our video below for more insight into this topic.