Building with Uncertainty

By Brian Baber, Franchise Owner at AR Homes® Panama City (BCB Construction)

Building with Uncertainty

Many news headlines state that the housing market is uncertain, using terms that indicate that a market crash is on the horizon. Rather than falling victim to fearmongering headlines, I suggest that you dig into this deeper by doing market research before deciding to build a custom home.

With a quick Google search, you can discover home values over time in your area. Once you do this, you will discover that often home values steadily increase over the years. This should diminish any anxiety you may have about market uncertainty.

While market values can decrease, like they did in the Great Recession, the likelihood of values increasing is much greater. Refer to the research you just did.

Rather than allowing the market uncertainty to determine whether you should purchase a home, consider other factors. If you’re planning to stay in the same home for more than three years and are confident that it will be a good fit for you, investing in a new home could be incredibly rewarding. With a brand-new luxury, custom home of your own, all the details and amenities can be tailored precisely to your lifestyle. Think about having the peace of mind that comes with knowing that everything is state-of-the-art and energy efficient. Consider how much time and energy you’ll save not having to put extra money into repairing or replacing older items. There is also the potential for increased resale value should you decide to sell down the line.

 

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