Jun 7, 2022

Steve Olsen has been in the homebuilding industry for many years. Steve shares his insights into the current market conditions and how they’re impacting his job. He talks about how technology is changing the construction industry, and how this is impacting the quality of homes being. He shares that his company has to talk to their investors about price increases, as well as how rents are increasing in the market. Steve has a lot of great advice for homebuilders and we hope you enjoy the episode!

[00:00 - 05:26] Opening Segment

• Introducing Steve to the show
• Steve talks about the increased cost of materials
• The problem with logistics

[03:43 - 08:05] Creative Financing

• Longer contracts to produce the same product
• Banks are supportive of construction loans
• Bumping interest rates up

[08:06 - 07:42] Closing Segment

• Working smarter
• See the links below to connect with Jack

Quote/s:

“You have to be adaptable and one of the ways that we're adapting as we go longer contracts, we can't deliver the same product in the same amount of time, anymore, period.” – Steve Olsen

You can connect with Steve through LinkedIn, or you can visit FIG.us. You can also watch his videos on his Youtube.

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