The problems affecting home builders and what this means for the future.
Recently, I went to the Home Builders Association Economic Housing Forecast. It was a big get-together where a bunch of speakers talked about what to expect from the housing market in Central Texas. It was great to see the industry professionals that I hadn’t seen in a while, but the talks also covered quite a bit. There were a lot of interesting topics, so I wanted to share a few today.
You can watch the full interview above or skip to each section using the timestamps provided:
0:00 — Introducing today’s topic
2:09 — The supply chain issues are the biggest problems for home builders
4:00 — The other major issue is regulation
5:08 — How our city codes affected duplexes
6:09 — These codes are also affecting affordable housing
8:11 — How the great migration is impacting our market
9:54 — Interest rates will go up, but that’s not a bad thing
11:35 — 2021 saw a huge land rush
12:24 — Wrapping up
I have way more information than I could fit in this video. If you have questions about this topic, want to learn more about the housing market, or are worrying about a few things, call or email me. Let’s have a conversation.