The housing market in Atlanta seems to be doing comparatively good when compared to most of the rest of the country. It could be doing even better if there were more builders that were focused on being efficient and effective in home production.
I don’t know if it is because they are sitting on their laurels, enjoying the benefits of homeowner overspending or what, but I have projects for builders that I have done work on that are more than 6 months old now. And no, this isn’t advanced planning on their part. It’s slow decision making and being way behind on developments that were set to begin development long ago.
Imagine the positive cost-benefit ratio for builders that payed more attention to being effecient and effective. They could build more houses, sell more houses, and all with less overhead and more profit. Then, savings could be passed onto the buyer.
Imagine how much less buying a house would cost without all the wasteful builder spending. Then maybe people wouldn’t be borrowing way more money than they need to to buy houses they can’t afford because they cost too much stinking money and are overvalued. We wouldn’t even have this so-called “housing bubble” with all of its bursting potential.
It’s probably all a slippery slope I know. “Imagine”, “what if”, and “maybe” are the key words here. Although, I can “imagine” getting paid for 6 month old projects all day long.