Houston builders have increased their production by 13% this year. While this may seem like a substantial increase it is actually less than the demand for new homes. David Jarvis, regional director of Metro study said “Everybody is quoting six months (of waiting) for a production home. In 2006, the peak year for housing in the Greater Houston area, builders such as Lennar could build a home in 3 to 3 ½ months. Today builders are taking up to 6 months to build a home. The reason according to innerloop … [Read more...]