rates have been shooting up and I would argue we might need to increase rates if cpi keeps on coming in hot. Nowhere near decreasing rates. It’s either stay as is or it goes up at this point. So with new construction you have to wait 6+ months for the home to be built assuming no delays to...
you're right but that wasn't my point. point is there will always be more people than homes. even with the 2008 recession, inventory nationwide rose to 3m? It's now 1m I think? So using number of individuals in an area to show if there exists demand or not is not a good representation of market...
I think I've been the only one saying that we weren't near rate cuts any time soon in 2023. My gut tells me inflation is way too sticky to lower rates anytime soon. I'll be surprised if we even see any cut this year unless a black swan event occurs.
Arent you better off getting umbrella insurance instead of an LLC? Unless you have many rental properties or a big unit where umbrella wouldn’t be able to cover
Honestly it doesn’t matter what builder it is. All local areas share the same contractors. For example, TrueAir is used in Serrano Summit & Teresina & maybe even meadows.
What is key is the Construction Manager for the builder & also a good inspector to catch things before closing. I heard so...