Thread: New home prices
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Old 03-28-2021, 02:16 PM
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Originally Posted by vintageogauge View Post
I heard from one of the agents at an open house yesterday that there are going to be 2 more price increases within the next 6 months due to the cost of material, fuel, road impact fees ( they'll tack that on before it even happens), labor, etc. Not only has lumber sky rocketed but metals too. Another thing is they cannot get washers and dryers so these higher priced villas do not have them included. One good thing is we are being told inflation is under control, NOT. The really good thing is if you already own a home it's value too has gone way up.
Our house isn't even finished yet and it's probably worth 10% more than we paid for it. We snuck in just under the wire before the recent price increases took effect.
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