Original Article by Pro Builder
If 2023 was a “wait and see” year, 2024 is lining up to be a “back to normal” affair for the housing industry, if responses to our annual Housing Forecast Survey are any indication.
Case in point: The share of builders that are optimistic about the state of the markets in which they operate rose to 63.6%, about a 10-point jump from a year ago, including a nearly 4-point increase among those that are “very optimistic.”
And while their top challenges for the year remain focused on higher labor and materials costs and finding qualified labor to build homes, those issues appear to be waning (along with supply-chain delays) in the face of increasingly pressing concerns and barriers, such as local permitting fees and finding and entitling land...
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