Archive for March, 2013

As we have been advising you for some time, the window for the best time to build in perhaps 50 years may be starting to close.

Take a look at these headlines and excerpts from Wall Street Journal articles over the past week or two.

Four take-home messages:  (1) Building costs are escalating even faster than we have been predicting.  (2) Interest rates could jump even faster and sooner than we have been predicting.  (3) Quality custom builders are becoming booked up perhaps even more quickly than we have expected. (4) The cost of extraordinary building sites and land is the lowest in a generation and can go nowhere but up.

Full E-Letter here…

 

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