Investagatornotinwestagator

Housing Construction: When Will It Resume, And at What Levels?

How much does it cost to build an average house, per square foot? In my small town, contractors are still asking for $90 plus! This is for a 90 - 100% masonry house with attached double car garage, granite counter tops, tiled and/or carpeted floors, all electric, above avg. appliances. The half acre lots in this neighborhood sell for $8 - 10k. Any builders? Have lumber & other materials prices come down in the past several months? Are labor rates coming down with the recession?