Jan
07
2022
Northern Colorado Wildfire Homeowners Face Many Challenges to Rebuild
In addition to the historic low inventory in housing in Colorado, homeowners affected by the fire cannot rebuild quickly enough. “It’s going to take forever,” said Kelly Moye, CAR spokesperson and Boulder REALTOR®. A home in the Denver metro area that once took 5 months to build now takes 10 months. In what the Associated Press is calling “Pandemic-era challenges,” the obstacles to rebuilding include labor shortages, supply chain issues, and building material costs versus minimal insurance payouts. “It’s a huge chunk of the population who all need the same thing. And they all need it right now,” said Moye. “They can’t go half an hour away because the kids need to stay in their school district.”