Tropical Builders Blog

Building equity in a down market

It is no secret that the real estate market has taken a beating the last several years. Locally real estate prices have declined 40 percent on average. In some developments there have been lots offered for sale in excess of 90 percent less than what they sold for just a few short years ago. If you have ever considered building a new home, now is as good a time as any.  Take advantage of cheap lots and cheap financing and build the house of your dreams.  With interest rates at or near historic lows, building a new home is more affordable than ever. Build future equity by capitalizing on what is good in today’s market.  As the saying goes, you make you money on the purchase and not on the sell.  If you are interested in learning more about the local market and how to build home equity while realizing a dream, contact Jeremiah Moryl 


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