{"id":20486,"date":"2022-05-18T13:38:22","date_gmt":"2022-05-18T13:38:22","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=20486"},"modified":"2022-05-18T13:38:24","modified_gmt":"2022-05-18T13:38:24","slug":"building-materials-press-even-higher","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/","title":{"rendered":"Building Materials Press Even Higher"},"content":{"rendered":"\n<p>Building Materials Press Even Higher<\/p>\n\n\n\n<p>New-home buyers are facing higher prices, and a big reason is escalating building costs. Building material prices are up 19% over a year ago, according to a report from the Bureau of Labor Statistics. Material costs have jumped by about 36% just since the pandemic began. Many builders are passing on those higher costs to home buyers.<\/p>\n\n\n\n<p><a href=\"https:\/\/magazine.realtor\/daily-news\/2022\/04\/27\/buyers-face-sticker-shock-as-new-home-sales-fall\" target=\"_blank\" rel=\"noreferrer noopener\">The price of a new home continues to climb<\/a>&nbsp;and reached a median sales price of $436,700 in March. That is up 21% compared to a year ago, according to the Commerce Department. Only 14% of new-home sales in March were priced below $300,000. A year ago, it was 34%. Builders have cited higher development costs and materials as the main reasons for the price jumps.<\/p>\n\n\n\n<p>The rises in material costs continue even as softwood lumber prices take a pause from recent record highs. Read more: <a href=\"https:\/\/magazine.realtor\/daily-news\/2022\/05\/11\/lumber-prices-tumble-to-lowest-level-of-2022\" target=\"_blank\" rel=\"noreferrer noopener\">Lumber Prices Tumble to Lowest Level of 2022<\/a><\/p>\n\n\n\n<p>But the costs of other products necessary to build a home continue to soar, such as steel mill products, ready-mix concrete, and gypsum products, which are used for drywall.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/magazine.realtor\/sites\/default\/files\/styles\/asset_image_full_content\/public\/assets\/images\/5.16.2022_buildingmaterials.png?itok=WxQBXoQ4\" alt=\"A line graph charting the difference between the rise in costs of food and services.\"\/><\/figure>\n\n\n\n<p>Source:\u00a0\u201c<a rel=\"noreferrer noopener\" href=\"https:\/\/eyeonhousing.org\/2022\/05\/building-materials-prices-move-higher-up-19-year-over-year\/\" target=\"_blank\">Building Materials Prices Move Higher, Up 19% Year Over Year<\/a>,\u201d National Association of Home Builders\u2019 Eye on Housing blog (May 12, 2022)<\/p>\n\n\n\n<p>\u00a9National Association of REALTORS\u00ae<br \/>Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Building Materials Press Even Higher New-home buyers are facing higher prices, and a big reason is escalating building costs. Building material prices are up 19% over a year ago, according to a report from the Bureau of Labor Statistics. Material costs have jumped by about 36% just since the pandemic began. Many builders are passing &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-20486","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building Materials Press Even Higher - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Building Materials Press Even Higher\",\"datePublished\":\"2022-05-18T13:38:22+00:00\",\"dateModified\":\"2022-05-18T13:38:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/\"},\"wordCount\":210,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/5.16.2022_buildingmaterials.png?itok=WxQBXoQ4\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/building-materials-press-even-higher\\\/\",\"name\":\"Building Materials Press Even Higher - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Building Materials Press Even Higher - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Building Materials Press Even Higher","datePublished":"2022-05-18T13:38:22+00:00","dateModified":"2022-05-18T13:38:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/"},"wordCount":210,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/#primaryimage"},"thumbnailUrl":"https:\/\/magazine.realtor\/sites\/default\/files\/styles\/asset_image_full_content\/public\/assets\/images\/5.16.2022_buildingmaterials.png?itok=WxQBXoQ4","keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/building-materials-press-even-higher\/","name":"Building Materials Press Even Higher - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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