It's a GREAT time to build

Here are the TOP 5 REASONS to build with Marquee Homes right now!

Lot Availability

Lot availability is up and at the highest we’ve seen in years. More developers are
finding themselves with an abundance of unreserved lots due to the market slowing. This opens opportunities for more lot locations and lot sizes, giving you a unique opportunity to build where you love. Not to mention lot pricing has been more flexible as well.

Pricing

The currently slowed market has created a more competitive environment for
subcontractors and vendors. Businesses are competing to offer the best service and pricing possible. As a result, the cost of material and labor has decreased in several items. This affords you a better priced home going forward.
As the year progresses, interest rates are projected to continue to fall. This will
enable more home buyers to enter back into the market and cause current
inventory to shrink and demand for new homes will grow. This will cause
material and labor prices to once again climb, making this a great opportunity to
access the current lower pricing.

Material Availability

The availability of materials, appliances and other items has become easier to
get. Timelines between ordering and receiving items have improved greatly. This eliminates the added build time due to waiting for products to arrive. This also allows you to order what you want and not just what is available at the time. For those looking to build now, this means not having to wait 12+ months for your dream kitchen.

Building Time Frame

The average build time frame is shrinking as more laborers have become
available due to the slower demand. Laborers are able to start projects sooner and often times have larger crews available so that work is done swiftly. This will more than likely disappear as demand for new housing picks up with future falling interest rates.

Lender Flexibility

A slower market has encouraged lenders to produce some fantastic loan
packages, refinance opportunities and buy-down options. They have also cut multiple fees to help with home purchases and construction loans. We speculate that with the projections of continued falling interest rates over the course of the year paired with an increase in demand for home/construction loans, these packages will start to disappear.