As we head into the holiday season, the last thing people want to do is add one more thing to their busy to-do list. Although the holidays might be a horrible time to start a new business or a new job, it just might be the ideal time to start your new home build. These are just a few of the reasons our custom home builders in Charleston believe that it might be time for you to pull the trigger for the New Year ahead.
Interest Rates are on the Rise
No one has a magic ball to tell us what the interest rates will do in the coming years, but they have been historically low for so long that it’s unlikely that they will go down more. They might not be the 3% that they were just a few short months ago, but when you put it into perspective, they also aren’t the 18%+ that they were in the 80s. If you are looking to build a home in the near future, it is much better to do it now than to wait to see where things go. If they continue to rise, they could hold steady upwards of 7-8% for years, and then you will wish you had taken the chance.
The Holidays are a Downtime
Many people have more downtime during the holidays. With entertaining, parties, and work functions, there isn’t a whole lot of business at hand for many industries. For the construction industry, however, it’s not really affected by the holidays. And if you can take time away from work, it will make the beginning stages of planning where you need to be highly active easier for you. If you make all the decisions while you have the time, the rest will be smooth sailing.
Start Your New Year with a New Home Build
Many people look at New Year’s as the start of a whole new beginning. What if you were able to hit the ground running on the first day of 2023? If you start to plan now, there is a good likelihood that the shovel can hit the ground in January, which means that you are ahead of the game for the year ahead.
Year-End and Model Year-End Discounts
Often, as one year gives way to another, all the models and materials that are left from the previous year – although still new – are one year old. What that means for retailers is that they need to make room in their warehouses for newer models. In many cases, there is a year-end or first-of-year clearance to get rid of things like appliances and tiles, or any other material that will see a new trend or new year release. This means you can take advantage of those clearance items to save money.
As we head into the holidays, not many people are looking to add more to their already busy list, but it might be the ideal time to consider calling our custom home builders in Charleston today to begin your new home build. If you intend to build in 2023, now is the perfect time to get a jump on the process. Contact Ragland Homes today to get started.