How to buy the best white building materials for your new home
The most important building materials you need to make your home work well are the ones you’ve chosen, experts say.
A new survey of nearly 2,500 U.S. homeowners by the National Association of Home Builders (NAHB) shows that white building construction materials are increasingly scarce.
The survey, published Monday in the American Home Builder, showed that only 3 percent of homeowners had at least $10,000 in savings to set aside for white building material purchases.
About 6 percent had $50,000 or more, and 7 percent had at $200,000.
The findings highlight a shortage that has been building for years, said Mark Hulick, a senior associate at the NAHB who led the survey.
The NAHB’s survey found that white materials have become the least expensive building material to buy in the past decade.
White materials are more readily available than blue and green, which tend to be more expensive, Hulicks said.
The shortage is due to the fact that many states require builders to build new homes with certain materials.
That means that builders have to work to keep up with supply demand, and that can make it difficult to source the materials that consumers need, Hoolick said.
Many states have implemented laws that require builders and home owners to source certain types of building materials.
But even with these laws in place, it can be difficult to buy materials that are more expensive.
In 2017, the NAHB survey found, a quarter of homeowners didn’t have enough money to purchase materials in the last month.
And a majority of those who didn’t had at most $50 to $200 in savings.
The same survey found more than half of respondents said they had at worst $100 in savings in their bank accounts, but that figure has gone down significantly in recent years.
Some homeowners are choosing not to build a new home because of their lack of savings.
In the past two years, there has been a significant decline in the number of people who have had to cancel or cut back on plans to buy a home, according to a 2017 survey by the Pew Research Center.
That decrease was driven by the economic downturn, as fewer people have jobs and fewer people are choosing to buy homes, said Robert Koehler, a spokesman for the NAHRB.
Koehlans survey found only a small number of respondents were saving money for a home remodel.
And that survey, which included a survey of 2,622 homeowners, showed only about 40 percent of respondents had enough money in their savings accounts to meet the cost of remodeling.
While most homeowners have some savings, the survey found a higher percentage of those savings were coming from retirement savings.
About 40 percent were saving $100 or less, according the survey, while only 14 percent were making at least that much, Koehles survey said.
And most of those people weren’t saving that much because they’re saving in an RRSP or 401(k), Koehnels said.
A bigger problem is the shortage of white materials, said Koehmels, a member of the NAHC’s board.
That’s because many builders aren’t able to source some types of white building products.
For example, builders don’t usually make any of the materials used to build the houses they’re building, Kiehl said.
Those materials include steel and concrete, and some materials used in some homes also include white fiberglass and concrete.
But most white building product suppliers don’t make white building building materials at all, Kienle said.
That lack of supply is driving up the price of white construction materials, he said.
Because builders don and don’t have the materials to make the white building parts, they have to charge more for them, Kielle said, because they don’t get the materials from other suppliers.
Many builders have been using older white building components for a long time, Kietz said.
Most people who are building white homes have had at best a few years of experience in building white home, Kichlins said.
But in the current recession, some people who haven’t had that experience are choosing new home builds with newer materials, which have higher costs and require more time and energy.
That can also make it more expensive to rebuild and replace a white home after it’s damaged, Kieuels said, adding that there are a number of factors contributing to the shortage.
Most of the time, builders are replacing older homes that have had problems with mold or other issues, and because of that, it’s harder for builders to find the materials needed to build newer homes, Kiefel said.
There are also problems with the supply chain for the materials.
Some of the white materials are imported, but most are made in the U.K. or China, Kiewel said, where the demand for these materials has gone up in recent decades.
Some buyers aren’t aware