10/24/09

Should I design & build now? 

You may feel uneasy about moving forward with your building project in the middle of this current economic mess. 

Building costs will never be lower.  New home construction is at its lowest recorded level and there are more builders and subcontractors looking for work than ever before.  Will you be kicking yourself and saying “I knew I should have started designing and constructing when building costs were at an all time low?” Ten years from now material and labor costs will be much higher and interest rates will have risen. There will also be more government regulations and hoops to jump through, which are driving construction costs up even further.

Mortgage interest rates are at an all time low.  In 2019 will you look back and say, “I’m glad we locked in our 30 year mortgages at interest rates near 5%, and are repaying those loans with inflated dollars?” And to make matters worse, since you didn’t build your home in 2009, you missed 10 years of enjoying it!

Inflation (or hyperinflation) is on the horizon.  Thanks to current stimulus spending, the country will experience double digit inflation.  Chances are pretty good that prices will not go much lower than they are today.  It is more likely there will be upward pressure as the economy improves and inflation and interest rates will rise. Bottom line, if you are going to build, it is a far smarter bet to build today than wait. This is a historic time with historic opportunity.

 

 

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As Old Man Winter settles in, visions of snowflakes, ski resorts and hot tubs begin to dance in the heads of some custom home buyers. Building a mountain retreat is how some people satisfy their need to escape to the serenity of nature at any time of the year.

The informal elegance of a timber frame home is a natural choice for a vacation home or a primary residence in the mountains. "Mountain homes tend to be a little more rustic," says Bruce Hafley of Timberpeg Carolina. "We can do things to make the look less formal. For example, on the interior we may darken the timbers with a stain... – Click Here for complete article.

"Timber Frame Homes Take Advantage of Views"

When one Carolina family purchased their perfect lot, it came with a feature they wanted to preserve - a magnificent Dogwood laden with white blossoms. They wanted to site their custom home so the tree would provide needed shade for the deck and they could look out the window and treasure the view as the Dogwood changed with the seasons and over the years.

The residence they chose to serve both needs was a timber frame home from Timberpeg Carolina. The request to design a home around a shade tree was nothing new to Independent Timberpeg Representative Bruce Hafley... – Click Here for complete article.