Angela Sadat Group
  • Home
  • About
    • Meet Angela
    • Meet the Team
    • Testimonials
    • Client Events
  • Buyers
    • Buyer Resources
    • Home Search
  • Sellers
    • Seller Resources
  • Blog
  • Contact

Building Costs On The Rise

9/14/2020

0 Comments

 
Picture
Have you been sitting on the fence where your move is concerned? Well, we have some interesting market dynamics that may change the landscape slightly (perhaps more than slightly…). We have many clients who are in the process of building new homes right now, and most of these builders have repeated a slightly concerning trend. Lumber costs appear to have doubled or even tripled in some cases, and this will certainly affect the new construction realm as builders begin repricing to adjust to the new numbers being quoted to them.

What does this mean for you?

Some of the builders will not be in a position to absorb these costs, and they will have to raise prices significantly in order to continue to build quality homes. Other larger builders may slowly increase pricing to avoid shocking the market and yet help offset the “new normal” where their lumber costs are concerned. Either way, if you have been “on the fence” where your move is concerned, it may be time to move into action. If building costs continue to increase rapidly, this will cause similar existing home prices (especially in the move up realm) to continue to increase. If you were considering new construction, we should be meeting with builders now, to lock in Parade of Homes promotions and current pricing before adjustments start to be made on a larger scale.

We never know exactly how these price changes will affect the market as a whole, yet we can predict some possibilities, as we look to the future of our local market. Would you like to discuss these dynamics further? Call me and let’s set up a time to chat and get your plan moving!

0 Comments

    Welcome!

    Welcome to our blog. We hope to be able to provide you with some valuable resources about selling and buying a home in the Twin Cities. We may also include a favorite recipe of ours from time to time, so check back often.

    Archives

    February 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    April 2022
    March 2022
    January 2022
    December 2021
    November 2021
    August 2021
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    December 2019
    November 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    January 2018
    December 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    April 2016
    March 2016
    February 2016
    January 2016
    November 2015
    October 2015

    Categories

    All
    Angela Recommends
    Appraisal
    Around Town
    ASG A List
    ASG News
    Buy A Home
    Buyer Bulletin
    Buying A Home
    Fall Market
    Final Closing Prep
    Financing
    First Time Home Buyer
    Gratitude
    Happy Holidays
    Home Insurance
    Home Staging
    Home Warranty
    Inspections
    Investment Property
    Low Inventory
    Make An Offer
    Marketing
    Market Updates
    Move
    Moving
    Multiple Offers
    New Construction
    New Home
    Pre-Approval
    Real Estate
    Refinance
    Remodeling
    Renovations
    Rental Property
    Sadat Sells
    Sellers Disclosure
    Sellers Market
    Seller Summary
    Selling
    Sell My Home
    Spring Market
    Success Stories
    Summer Market
    Title Company
    Title Insurance
    Tomato Plant Takeover

    RSS Feed

Picture
Picture
Contact
Fair Housing Statement
Terms of Service
​Site Map


Follow Us On social Media
​
 


Search our Site

Woodbury, MN Buyers
Woodbury, MN Sellers
Picture
Keller William Premier Realty
Angela Sadat Group
651-246-2739 Contact
angela@sadatsells.com
635 Bielenberg Dr #100, Woodbury, MN 55125
Proudly powered by Weebly
  • Home
  • About
    • Meet Angela
    • Meet the Team
    • Testimonials
    • Client Events
  • Buyers
    • Buyer Resources
    • Home Search
  • Sellers
    • Seller Resources
  • Blog
  • Contact