The Early Bird

I grew up hearing all the old adages…a penny saved…, an apple a day…, waste not…. there seemed to be one for every situation.  Some rang true and others just had me wondering how in the world that applied to what was going on in my life!

For those of us considering building, but hearing mostly bad news, it is easy to get frozen into non-action. “One of these days is none of these days” and  ” The first step is the hardest” sure apply, but looking from the inside out, let me share an adage that equates directly to your wallet.

The Early Bird. Many suppliers and tradespeople are feeling the economic squeeze. There are two areas that can benefit you now by being that early bird. First, those suppliers that can, are offering real savings on their products which we can pass on to you in lower building costs. Second, speed of quality construction; less work for sub-contractors means we can tighten the  work schedule and save construction loan interest.

Obviously this won’t last forever. As the market comes back both of these opportunities go away. You might say it is “First Come, First Served’!

Meet The Press

I don’t know how many of you may have caught Harry Reid, the Democratic leader of the Senate from Nevada, on Meet the Press this morning. While Nevada has the highest foreclosure rate in the country, his comments about the housing industry were further reaching than that problem. To paraphrase him:  new construction is more than framing and drywall, it is also carpet, appliances and everything else needed for a new home.

So apparently the message, that helping people buy new houses is good for the entire economy, is resonating with our leaders. New construction has a much further reach into our economy than even the automotive industry and the light bulbs are starting to go on!

Stay tuned….

Happy New Year!

Our New Years Wishes for a healthy and prosperous 2009 go out to you all!

We are hearing many rumors about a housing “bailout” that will be proposed possibly as early as next week. But, unlike the other bailouts, this one shouldn’t cost any of us taxpayers anything directly and should have some real effect not only on the housing industry but on the economy in general.

I am not going to say more than that, just yet. This one makes sense and sometimes that is hard to sell in Washington so we will wait a bit to see how it unfolds. Check back for more details.

So Now Is the Time!

We have all seen or heard of the plans that are bouncing around in the government to kick start the economy, some of which are directed at the construction industry. Here is an excerpt from an article in today’s Real Estate Weekly which I think is informative and presents an industry side look into why this is an excellent time to build….

“The overall lumber market has changed very little over the past 24 months. With lumber on a ten-year low and little change in the market recently, one would tend to rationalize that drastic price decreases are not on the horizon,” said Todd Lewis, Senior Account Representative with 84 Lumber Company. “In combination with competitive quality labor prices, readily available lots, record low interest rates, and a down lumber market, now is the perfect time to build a home not only as everyone dreams of but also as a sound investment.”

We have seen other materials increase in price over the past several months. The construction industry is poised for a major rebound in the months ahead and that demand will undoubtedly cause lumber prices to start their upward move….
More of the article can be found on page 50 here: http://www.rewnc.com/flipbook/book.htm

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Welcome to Custom Homes of Asheville

We’re in the process of assembling a site that will bring you ideas, resources and plans for your custom home.

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