THE LATEST REPORT ON HOMEBUILDING IN THE U.S. SHOWS THE NUMBERS ARE INCREASING AT A HEALTHY PACE. BUT HERE IN THE METRO AREA, THINGS REMAIN FAIRLY STAGNANT.
JOHN GARCIA WITH THE HOMEBUILDERS ASSOCIATION SAYS CONSUMERS MAY BE A BIT CAUTIOUS DUE TO RECENT LOCAL TAX HIKES, AND OTHER FACTORS. HE SAYS THERE’S ALSO THE INCREASED COST FOR MATERIALS LIKE LUMBER, ALUMINUM, CONCRETE AND OTHER BUILDING MATERIALS.
AND FROM THE BUILDERS’ STANDPOINT, GARCIA SAYS THERE ARE CONCERNS ABOUT ALBUQUERQUE’S NEW INTEGRATED DEVELOPMENT ORDINANCE WHICH HAS STRICT DESIGN GUIDELINES.
