Homebuilders Struggling to Find Workers - Yahoo! Finance
- Sales of new homes are on a tear, but builders can't find enough workers to keep up with the demand.After the housing bust, many workers left the building trade in droves, said Michael Fink, CEO of Leewood Real Estate Group in Trenton, N.J."A lot of our workers are immigrants and they went back to their home countries," he said. "Our subcontractors can't get people; they can't start on time; they can't get things done on time."The National Association of Home Builders (NAHB) reported in March that 46% of its members say they have fallen behind schedule on finishing projects, 15% turned down jobs and 9% lost or canceled sales because they can't find enough workers.