The economy is on fire! Housing inventory is low in almost every market. Interest rates are low and millenials need places to live. It is great time for builders to build!
During the recession, we had many homebuilders go bankrupt and leave the business forever. Today, however, there is a home shortage in many markets. We need more home builders, in my opinion. There are a few big builders that cover most of the market. Now, could be a great time for small contractors to step out and start their own companies.
Building with American made products and energy saving features will most likely sell your new homes quickly. There is a great demand for homes like these. Now, is your time. Credit is available for new entrepreneurs like never before. If you've dreamed of owning your own company, now may be the best opportunity of your life.
Get in on this booming economy. People are spending money and seem to have confidence in the market place. I've talked to many millenials that had put off buying but now, they tell me they are ready. They are looking for affordable housing. Builders, take advantage of the times. Affordable housing, tract housing is in great demand in many, many areas of the country.
I remember in the 1970's when tract home builders were making money hands over fists. I think this is another time like that. What are you waiting for?
Ricki McCallum CastNet Realty CastNet Press
"Finally A Broker" author