Austin Homes Hit by Construction Delays in Hot Housing Market - Bloomberg

2022-06-15 22:59:03 By : Ms. Jessie Lee

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The wheels of production are grinding to a halt just when the booming city needs homes the most. 

Homes are selling fast in the hottest U.S. market. They just take forever to build.

Just ask Chris Dodd, a sales agent for Scott Felder Homes north of Austin, Texas. He began 2021 by greeting buyers camped outside for a chance to sign a sales contract. Now, he’s fielding their complaints about construction delays that nobody can control.