The Log Home Industry Expert

Subcontractors and tradesman are scrambling to line up jobs for the 2007 building season. New construction has been in a slump for over a year and many production and spec builders have significantly cut back building new units in an effort to reduce inventories. The cut back has left many of the subcontractors and tradesman looking for work or laying off employees.

The National Association of Home Builders single-family Housing Market Index has risen systematically from the lowest point last September, showing that builders’ assessments of the demand side of the market have been on the mend following the sharp contraction from the highs of mid-2005. Most indicators show that housing has past the bottom and demand will begin to increase. Higher demand will translate into high prices for labor and materials.

For prospective custom home buyers, now is the best opportunity to lock up builders and subcontractors. Those who delay starting their building project much longer in hopes that they will find even better deals will be disappointed. As the housing market starts to heat up again, builders and subcontractors will be filling their schedules. Now is the time to begin your dream log home.

This entry was posted on Friday, July 13th, 2007 at 9:11 pm and is filed under Log Home Budgets & Financing, Log Home Trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.