We all know interest rates have been and still are at an all-time low. But is right now the time to think about building a home? Jeff Taylor, President of Perry Homes says, “yes it is.”
Utah is currently one of the country’s hottest real estate markets and it’s anticipated that 2013 will see new home sales enjoy their best year in the last six, so what can prospective Utah home buyers expect as they survey the landscape? There is clearly upward pressure on home prices as the foreclosure and short sale inventory dwindles and demand goes up due to in-migration, low interest rates, and the strength of the local economy. Building materials prices are increasing and land costs are headed back up as well. The good news from Perry Homes is that you can still get a great value in a new Perry Home because land acquisitions in the most desirable locations were made when the prices were among the lowest in decades enabling strong price/value ratios. The historic low mortgage interest rates will definitely go up at some point in the future so many prospective first time and upgrade home buyers see this year as the time to act. If you are in the market for a new home, visit perryhomesutah.com and listen to what actual Perry Homes home buyers have to say about their experience. Attention to the home buyer, detail craftsmanship, distinctive design, quality finishes and overall value for the dollar are what sets Perry Homes apart. Perry Homes is 100% focused on home buyer happiness! Make your next home a Perry Home!