Cost of Building Homes in the Central Valley Is Rising

Construction equipment lines empty lots around the Central Valley as builders get new developments off the ground across the Valley.

Building the new homes will take a few months, but getting to this point took years and a lot of money.

And when you zoom in on why it’s so expensive, you can understand why “affordable” new housing is almost an oxymoron.

“There’s not a lot of homes being built under $300,000 because it’s expensive to build them,” said Michael Prandini, CEO of the Building Industry Association of Fresno-Mader counties.