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Demand for new houses in Traverse City area: It s insane
DAN NIELSEN, Traverse City Record-Eagle
July 17, 2021
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TRAVERSE CITY, Mich. (AP) Potential homeowners have a long and winding road to follow before they can relax on the couch in a new home in northwest Lower Michigan.
They need to accumulate plenty of cash, choose a buildable lot, select a contractor who can find enough skilled trades workers to assemble a house, wait months or years for construction to begin and then rethink their budget to account for increases in materials and labor costs.
“Our biggest problem right now is material costs are just ridiculous,” said contractor Ryan McCoon of Endura Performance Homes. “It’s insane what’s happening right now in the industry. And no one really has an answer for it.”
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