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The Money Squeeze, Costs are Rising
Building prices have been falling for the past few years, but now that new home and room addition prices have finally started to stabilized, material costs are again on the rise.
Over the past couple of months, we have been put on notice by several of our suppliers that material prices will be increasing by the end of the year. They have informed us that because of increases they have had to bear in obtaining health, auto and liability insurances, along with having to pay more for diesel fuel for the transporting of the materials, they can no longer absorb these costs and are being forced to increase the price of their products.
So far, we have been informed that concrete products will increase by 15%, steel rebar and rebar products will increase by 10%, all metal truss straps, anchor bolts and wire mesh will increase by 15%, all masonry bag goods will increase by 15% and drywall materials may increase by as much as 35%.
We at, American Housing, would like to take this opportunity to thank all of our past customers for allowing us to be your builder and thank you for supporting us throughout the years. The past few years have been difficult for those in the building industry, but because of the loyalty of our customers, we have survived this anemic building climate and we look forward to working with our new customers in the exciting years to come.
So, if you, or anyone you know is interested in a New Home or a one or two story Room Addition, please call us at 727-546-6611, so we can lock in at today’s pricing.
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American Housing Builders, Inc. builds affordable, energy efficient New Homes, and are the local experts when it comes to building one and two story Room Additions.
Page Updated Last on: Jan 17, 2012