People who lost their homes in the Colorado wildfire will face rising prices and supply delays when looking for a new home, just as others in the U.S. have.
Coloradans who lost their homes in the massive wildfire that ripped through several Denver-area towns and suburbs last week will have to deal with the delays and supply shortages already plaguing many other victims of natural disasters across the United States.
In addition, builders across the nation are waiting longer for supplies that have gone up in price. John Covert, principal at homebuilding market research firm Zonda Advisory, said construction of a 2,500-square-foot Denver home used to take four to five months, but now takes eight to 10. "It's a huge chunk of the population who all need the same thing. And they all need it right now," she said."They can't go half an hour away because the kids need to stay in their school district."
"That's part of the reason it hurts," Barba Hickman, 65, said earlier this week while sifting through the rubble and coming to grips with how long it might take for neighbors to once again enjoy spontaneous get-togethers.
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