More Hurricane Pain: Fewer Homes, Shortage of Construction Workers
National Mortgage News, Sept. 27, 2017–Brad Finkelstein (Free Content)
The need to rebuild and repair houses following Hurricanes Harvey and Irma is likely to put a damper on new construction and aggravate the inventory shortage. The same crews that build new homes are also used to renovate existing ones, said Mark Fleming, Chief Economist at First American Financial Corp.
