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Sinopsis

Home builders are facing all sorts of supply chain issues that are contributing to higher prices and construction delays. Some are hoarding supplies in rented warehouses while others are putting in ghost orders for projects that don’t exist yet. Whatever magic tricks they have to perform, they are running into problems right up to the finish line, including the almost impossible task of finding a garage door. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. No Garage Door The dilemma facing builders prompted a recent headline in the New York Times that reads: “4 Bed, 3 Bath, No Garage Door: The Unlikely Woes Holding Up Home Building.” (1) Rick Palacios, Jr. of John Burns Real Estate Consulting told the Times: “Garage doors are a nightmare.” The article says that almost everyone is having a difficult time getting garage doors right now, and that prices have doubled or tripled for those doors. Plus, it could take several weeks to