Home Building Franchise in Michigan

Rising Construction Costs: Post-pandemic, Michigan builders face escalating material prices and labor shortages, significantly increasing construction expenses.

Regulatory Hurdles: Proposed updates to building codes, such as mandatory commercial-grade sprinkler systems, could substantially raise costs and affect housing affordability.

Limited Lot and Land Availability: A scarcity of developed lots, especially for smaller builders, restricts opportunities for new projects and hampers expansion.

Labor Shortages: A deficit of skilled labor slows project completion, increases costs, and limits builders’ capacity to meet housing demand.

Market Consolidation: Larger, publicly traded home builders are gaining market share, leaving smaller builders with fewer opportunities to compete.

High Demand vs. Low Supply: Persistent housing demand, coupled with a limited supply, creates intense competition among builders and challenges efforts to address market needs.

Affordability Concerns: Rising home prices and increased construction costs make it difficult for builders to offer affordable housing options, limiting market reach and sales volume.