HEADER PICTURE: The Hockey Stick Principles, Flatiron Books Residential construction in the U.S. has changed. While getting skilled and trained labor in many industries is hard, getting it in the construction industry has gotten more difficult than ever with no end in sight. Material prices …
The Impresa Blog
Gazing into the Home Buyer’s Crystal Ball
Prices, timeframes, and material selections, etc. So many things are clouding the crystal ball of today’s home buyer. What do you do? Do you wait and watch home prices go up along with today’s record-low interest rates? What if they never come back down? Do …
How Do You Appraise a Home that Isn’t Built Yet?
If you will have a mortgage on a home that you are about to build, or if you need a construction loan, the lender will require you to have an appraisal done. The lender wants to make sure that the value of the home equals …
Sometimes the Grass IS Greener on the Other Side
Today, many are discovering the process of offsite modular construction. While they study and research it, they haven’t made the leap to it… yet. It’s hard for many homebuyers and homebuilders to believe that a different way is a better way. They are still stuck …
Low Home Inventories Turn Many to Home Construction
Existing home inventories are at an all-time low. There are very few good houses on the market for sale. If a good home finds its way to the market, then there is a bidding war for it driving the price upward for the eventual winner. …
Building to the Label
Labels are just another way to say a standard. There is information overload for homebuyers in today’s marketplace – smart homes, construction standards, appliances, color selections, building materials, etc. When you build a home, there is a lot coming at you and many decisions to …
HIGHER is the 2021 Word for Housing
Housing is BOOMING in the U.S. HIGHER home prices, LONGER delivery timeframes, and GROWING interest rates are coming for 2021! While the economy still has a question mark on it, the home buyer’s confidence is doing well and growing. But, according to the National Association of …
When Good News Can Mean Bad News: 2021 and Increasing Interest Rates
It was a tough 2020 for most people across the country. Jobs were lost or changed. Budgets were stretched. Kids are being taught at home, changing our lives and the way we live in our home. The good news is we have a vaccine. 2021 …
The Night and Day Difference
In life, we use the term night and day difference to refer to opposites, things that are completely different. We also use terms such as left or right, in or out, up or down, etc. All of these can also characterize the choices you make. …
Compound Interest – Is it Your Best Friend or Your Worst Enemy?
“’Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” -Albert Einstein Interest is simply the cost of borrowing money. If you finance your home, you are going to be paying it. It is going …