Rapid City painters earn big bucks

Rapid City painters earn big bucks

 

The last year has seen unprecedented activity in the residential real estate market, with a growing number of buyers competing for a limited number of homes and sending prices upward. The scarcity of existing homes has created new opportunities for builders and construction professionals, but the industry has been struggling to keep up with demand: housing starts have consistently exceeded completions throughout the COVID-19 pandemic.

Like many other sectors, construction has struggled with two key challenges: increasing costs of materials due to supply issues and a shortage of labor. One of the many areas where these challenges have become apparent is with paint and painters.

Construction materials have seen steep increases in price over the last year. Many manufacturers were operating at reduced capacity during the pandemic and have been slow to catch up with demand overall. Struggles with shipping and logistics bottlenecks have also made it more difficult to secure key materials, which has led to price increases.

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