Run do not walk to buy rate and prices to go up

By
Industry Observer

If you are thinking of buying a new home, run do walk do not pass go. Prices are going up due to labor and materials are going up. The Houston area builders have put off raising prices for the last year, but the material and labor prices keep climbing so they have no choice but to raise prices. They are also planning to keep inventory low. Interest rates are on a gradual rise, so if you are thinking of buying a new home the time is now. If you are interested in buying Sitterle Home in Aliana please call me at 281-804-9265.

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If you would like some information on Sitterle Homes in Aliana

call me at 281-804-9265 or email me at ycgilbert2013@gmail.com

 

Yolanda Cordova-Gilbert on bridge

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Ambassador
3,092,697
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Buyer sitting on the fence, looking at new construction in Aliana, better jump down and make a deal.

Jun 26, 2018 03:16 PM #1
Rainmaker
483,812
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

They are going up and we are seeing this everywhere!  Have a great week, Yolanda! :)

Jun 26, 2018 05:52 PM #2
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

The market will change. They have been saying it over and over for years. The Feds will make it happen.

Jun 26, 2018 06:39 PM #3
Rainmaker
3,828,969
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Yolanda Cordova-Gilbert,

We are seeeing the same thing in Austin. Builders are having so many increased costs..they have to pass them on to the consumer!

Jun 26, 2018 06:55 PM #4
Rainmaker
2,502,816
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Yes, it is time for those buyers who have been sitting on the fence, to jump off and run.

Jun 26, 2018 07:39 PM #5
Rainmaker
2,554,909
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I read an article that talked about a nail manufacturing business that is having difficulty because of tariffs.  These tariffs are going to be passed on to the consumer in the form of higher costs.

Jun 27, 2018 12:27 AM #6
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good advice for buyers, Yolanda.  Hopefully, they won't wait too long.

Jun 27, 2018 05:16 AM #7
Rainmaker
5,420,237
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good advice to share with prospective new home buyers.

Jun 27, 2018 05:40 AM #8
Rainmaker
4,103,050
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Yolanda, hope buyers looking to buy into your community get out quickly.  We are seeing increases either monthly or bi-monthly also.

Jun 27, 2018 06:33 AM #9
Rainmaker
1,598,018
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Sure, it is a time for cash buyers. At least in our area. And mortgage... You are right, Yolanda. 

R_U_N!

Jun 27, 2018 09:18 AM #10
Rainmaker
2,576,766
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

People that aren't able to pull the trigger quick enough will have to pay more for a home in both ways.

Jun 27, 2018 09:53 AM #11
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, this is so spot-on, Yolanda! There are more fence-sitters than I ever thought there would be in a market like this. I'm encouraging them to jump off too!

Happy Thursday!

Jun 28, 2018 11:52 AM #12
Rainmaker
690,645
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great post and advice not is the time to buy, not later. Thanks for sharing I hope you have a great afternoon.

Jun 28, 2018 02:13 PM #13
Rainmaker
3,127,433
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Yolanda... so how's this message working for you?  I've been pushing it for a while now, especially vis-a-vis home prices increasing... too many still don't listen and are now crying on my shoulder that they've been priced out of the market.

Jun 29, 2018 02:57 PM #14
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Yolanda Cordova-Gilbert

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