As the summer sun blazes, so does the residential construction market. Traditionally, this time of year is known for a slower pace in lead generation, but this summer has defied the norm. We’re experiencing a surge in projects, both in rehabs and new custom homes, keeping our team busier than ever. The demand for quality homes is on the rise, and we’re excited to be at the forefront, making your dream homes a reality.
Navigating the Challenge of Timeline Delays
At SG Home Builders, our commitment to excellence is unwavering, and we pride ourselves on maintaining clear and consistent communication with our clients. However, the current market’s unprecedented activity level has brought about some challenges. Delays in architectural planning, design approvals, permitting processes, and subcontractor and supplier schedules are becoming more frequent.
We understand the frustration these delays can cause, and we are doing everything in our power to mitigate them. Despite our best efforts, there are times when updates are scarce. We appreciate your patience and understanding as we navigate these busy times together.
Understanding the Impact of Inflation on Construction
The increased demand for construction projects is influencing prices across the board. With a steady number of contractors and a rising number of inquiries, basic economics tells us that prices are bound to increase. Since the market boom in 2020, we’ve seen a stabilization in costs, but the continuing high demand suggests that further price increases are likely.
Subcontractors, suppliers, and general contractors are adjusting their pricing to manage growth sustainably. If you’re considering a project but waiting for prices to drop, we recommend acting sooner rather than later. The trend indicates that costs will continue to rise, making now the ideal time to invest in your dream home.
Conclusion
Thank you for your continued trust and support in SG Home Builders. We’re dedicated to delivering exceptional service and beautiful homes, even in the face of industry-wide challenges. Stay cool this summer, and let’s keep building your dreams together!