Is the Economy Improving?

Is the Economy Improving?

With the Interest Rates still at record lows, we are beginning to see some improvement in the economy, at least the home building segment of this. We're not basing this on any reports from CNN or the Wall Street Journal, but on what we are actually seeing and hearing from our clients.

Within the last two months, we have been contacted by a number of potential clients that are all ready to build. What we are hearing is that in some portions of the country, the resale market is tightning and they are finally able to sell their homes allowing them to move forward with their new home. We are seeing this trend in the Raleigh market as well.

We currently have two pre-sales in final design and hope to start them within the next month. We have seven potential new homes on the drawing board and they are scattered all over the place. Chapel Ridge, Horizon, Meadowmont, Briar Chapel and a couple of "country lots" are all in process. So if you have been waiting for the time to consider building your new home, now just might be that time. Need help finding a lot, give us a call ... the good lots are going quick and there will soon be a shortage of building lots in the Raleigh area. Don't wait.

Give us a call or drop us an email if you would like more information.

Our office number is 919-981-0341 or you can send an e-mail to Sharon at shunt@morningstarhomesinc.com. We would love to hear from you!

Have a great day!