New Construction Frustrations: What is Going On with Prices and Build Times?

New Construction Frustrations - Melanie Cameron

“Why do prices on new construction homes keep going up?” “Are builders trying to line their pockets?” “I heard new builds keep getting delayed. Are the construction crews slacking?”

We’ve seen a lot of frustration lately with new construction homes and believe us, we hear you and commiserate. You have likely heard prices of existing homes are going up due to low inventory, but while new construction is affected by fewer existing homes being on the market, high demand isn’t the only thing affecting prices and build time for new homes.

Here’s what’s going on with new construction homes.

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About the Author
Melanie Cameron
Listing Specialist and Team Leader of The Cameron Team. Have questions about the Wilmington real estate market or selling your home? Give Melanie a call at (910) 233-2840.