Throughout Southwest Michigan and Northwest Indiana if you listen carefully you’ll hear the sweet sounds of a real estate industry revival underway. Singing circular saws, tap dancing hammers and the percussion of air compressors; construction crews are working at a fevered pace building dream homes for fortunate new construction home buyers.
Experts advise aspiring new construction home buyers to consult professionals such as a Realtor, mortgage specialist, architect, builder and in some cases an engineering firm. Even with all the visible and audible evidence of new home building, you may not hear proclamations of a new construction housing boom. Rising costs of building materials, and for some still tight mortgage conditions along with challenges with appraisals of new construction homes remain as potential obstacles to a true boom in new home construction.