Real Estate Blog

Without the benefit of a crystal ball, I’m going to make a prediction and recommendation.  Due to the sudden and ever increasing demand on building materials and petroleum based products (as a result of Hurriane Katrina), I recommend locking in a price on a new construction home as soon as possible.  This doesn’t mean I am necessarily recommending building a new home, but if you are seriously considering a new construction home, you should definitely consider making a committment (at a guaranteed price) as soon as possible.   

We are already hearing about rising costs in the Wenatchee real estate market area and, as recovery efforts get into full swing through the hurricane ravaged area, the cost of new construction everywhere is sure to go up, up, up.    As prices for new construction rise, resale homes (prevously lived in) could become a more attractive value.  As prices increase on new construction, existing homes will likely increase as well although, most likely, at a somewhat slower pace. 

Whether you’re interested in researching available inventory on existing homes, or the possibility of having a new home built, call me for up-to-date information.    In the meantime, if you’d like to do some of your own research, please visit my primary real estate website. 

source: New Construction Recommendation