If you’re thinking about building your dream home, now is the perfect time to start! The cost of building supplies is continually rising, so waiting for prices to drop might lead to disappointment. In fact, relying on a decrease in prices is a risky strategy that may not pay off in the long run. For instance, in 1971, the interest rate for a mortgage was 7.33%. If you had waited for interest rates to go down, you wouldn’t have purchased a home until 1993. As a result, you would have rented for 22 years, during which time the value of real estate quadrupled.
The same principle applies to building your dream home today. Delaying your decision in hopes that building supplies will become cheaper is unwise, as prices are only expected to increase over time.
So, if you’re ready to construct your dream home, don’t let the rising costs of building supplies deter you. Instead, take advantage of current prices and start the building process today. Remember, costs aren’t going to decrease as time goes on, so it’s crucial to act now rather than wait for a better opportunity.
“Marry the house, date the rate.” While interest rates may fluctuate, the value of your home will only appreciate over time. So, don’t hesitate to invest in real estate. Buy real estate and wait. Learn more from our CEO, Chris Taylor, here.
You may be thinking, there are plenty of home builders out there – why choose Taylor Homes? Taylor Homes is one of the most respected scatter-built home builders in the region. The Taylor family has over 65 years of building experience, providing a solid foundation for trustworthy partnerships and homeowner peace of mind. Taylor Homes is also the proud WINNER of the 2024 and 2011 Better Business Bureau Torch Award for Marketplace Ethics. The BBB Torch Awards honors businesses and non-profit organizations that maintain a solid commitment to conducting their business practices in an ethical fashion, and exemplify the BBB’s mission to promote trust in the marketplace.
Our homes are also built to last and energy efficient. Today’s new homes are much more efficient in comparison to homes built just a decade ago. Our homes are more affordable to maintain, comfortable, and have a higher value.
Still on the fence? Hear from hundreds of happy customers here!
Rates are cooling – our packages are only getting hotter, this month choose one for FREE! From a dream kitchen package to $13,000 off the base price, our packages are hard to beat (and you can have one for FREE).
Are you ready to begin building your dream home? Contact us today to speak with a new home consultant! Don’t delay; start building your home now.
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