

Why the Recent Rise in Canceled or Abandoned Construction Contracts
With the effects of the COVID-19 virus on our economy, the amount of contractors who canceled or abandoned construction contracts is on the rise. According to the National Association of Home Builders (NAHB) the current number sits at approximately 31%. https://nahbnow.com/2021/07/strategies-builders-employ-to-combat-rising-building-material-costs-and-shortages/ Some of the factors attributing to this discouraging number are substantial price increase and decreased availabili