High cost of materials and rising interest rates are major drags on housing industry
FORT SMITH -- The price of the material to build the frame of a 1,500-square-foot house used to cost less than $1,000.
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FORT SMITH -- The price of the material to build the frame of a 1,500-square-foot house used to cost less than $1,000.
The price of the materials to build the frame of a 1,500-square-foot house used to cost less than $1,000.
The United States Environmental Protection Agency (“EPA”) issued a November 30th news release recognizing 580 manufacturing plants that are participating in the agency’s ENERGY STAR...
With lumber prices up nearly 200%, Arkansas builder worries about housing crisis Replay Video UP NEXT The price of lumber and building materials are an all-time high and it's causing concerns for the housing market. Lumber prices are up almost 200 percent compared to this time last year. KATV spoke with a home builder in Little Rock, River Rock Builders, and they said that if the supply doesn’t start meeting the demand—especially when it comes to lumber—we could experience a similar housing crisis like we saw in 2008. It would just be for a different reason. When the pandemic hit in 20...