After a period of uncertainty for developers and builders in the Denver metro area, the pace of construction is starting to pick up again. Several factors are helping bring projects out of pause mode and back onto the schedule:

• Mortgage rates have stabilized just under 7% after months of volatility, creating a more predictable environment for planning and financing.


• The housing shortage remains significant with an estimated 4.5 million homes needed nationwide as of mid-2024, keeping demand strong despite higher costs.


• Tariff impacts have shaken cost forecasting for key materials like steel, lumber, gypsum, and aluminum, but the market is adapting.


• Colorado has launched a Tariff Burden Reduction Task Force to help mitigate these impacts, offering builders more clarity and policy support for the road ahead.

For builders, developers, and homeowners, this combination of market stability, sustained demand, and policy action is creating opportunities to move forward with confidence. There's a need for a strong partners when it comes to designing, manufacturing, and delivering with accuracy to ensure timelines are met. Concept 32 has weathered the challenges and is prepared to be a rock solid partner for custom cabinets and storage solutions.

At Concept 32, we’re already seeing partners reignite projects that had been on hold. Whether you’re designing from the ground up or rethinking existing plans, our locally crafted cabinetry and storage solutions can help you hit your timelines with precision and quality.

We're ready if you're ready.

Sources & Further Reading

• Cambia Capital – Mortgage Rates Stabilize


• ColoradoBiz – Construction Stakeholders Brace for Tariff Impacts


• Sky-Hi News – Colorado Task Force to Address Tariff Impacts


• The Colorado Sun – Tariff Burden Reduction Task Force