There's good news, and there's bad news, the New York Times reported last week. Surging demand, rising prices, and limited inventory of existing homes means business is good. But it's harder than you might think to find qualified help, the paper reports ("Sudden Rise in Home Demand Takes Builders by Surprise," by Catherine Hampell).
"As desirable as the long-awaited improvement may be, the unusually low level of homes for sale is creating widespread problems for buyers and sellers alike, leading to bidding wars and bubblelike price jumps in places that not long ago were suffering from major declines," the Time writes. "In many areas, builders are scrambling to ramp up production but face delays because of the difficulty of finding construction workers and in obtaining permits from suddenly overwhelmed local authorities."