Articles tagged: central virginia custom home 

<< previous page  1  next page>>

Hurricanes Katrina and Rita will mean increased costs of building in the future, but not immediately written by Jason Hull
The natural disasters of Hurricanes Katrina and Rita have left upwards of 200,000 homes either destroyed or uninhabitable and needing rebuilding. This country has never seen a disaster on this scale, so the impacts are hard to estimate. The National Association of Home Builders released a report on September 2, 2005 (see http://www.nahb.org/news_details.aspx?sectionID=148&newsID=1572 for the full report) providing historical price increases for building materials after recent major hurricanes. The price increase ranged from 16% to 45%, implying that increases in building supplies are almost certain to occur again.

<< previous page  1  next page>>