Despite the constant bombardment of negative news, for those who see the glass half full, there are unparalleled factors for optimism about home building right now.
- The Lowest Financing Interest Rates We’ve Seen in Decades
The Federal Reserve has lowered interest rates to as close to zero as we have ever seen. Banks are almost at the point of paying you to borrow money.
- Construction is an Essential Service – GCs will Continue Working
Most General Contractors are largely unaffected by COVID-19, since they work in small crews on closed sites.
- Unprecedented Exchange Rate Advantage
The oil price war between Saudi Arabia and Russia has driven prices to historic lows. Currency exchange rate spreads is creating an unprecedented opportunity for deep discounts and savings on custom design and material packages.
This could possibly be the best time in history to take advantage of these merging opportunities.
If you are able to seize this opportunity, it is a great time to do so. Our team is happy to help you build a budget and discuss financing options in this new environment.
The up to 20% material price discount is available for a limited time and can change should exchange rate suddenly reverse
NOTE
President Trump state yesterday: “I just spoke with Crown Prince of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more.”
If this happens, it will have a substantial effect on exchange rates, and as a result we will need to reduce the discount percentage on design and material packages.
Time is of the essence.
Now is the most opportune time to book contractors and get your project in their schedule before business ramps back up later in the year.
If you are looking at building this year or next year, it is a great time to be talking with us… you may as well have fun planning your dream home while socially isolating.
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Call us today at 800-728-4474