So now that things have settled after the election, there should be a little more predictability in the marketplace. If you have been sitting on the sidelines, waiting to see where the Real Estate market would settle, especially on Cape Cod, you know that demand is on the rise and things are beginning to steadily improve. The big question, therefore, is should you Build your home on Cape Cod now, or wait? The answer to that question is simple: Build Now! Real estate prices have stabilized, and are still at lower levels than the past, providing value in the marketplace. Also, building codes are continuing to change, increasing the cost of construction 5-15% with each new revision. All of the data is positive, and there is still time to take advantage of low interest rates, and reasonable property prices.
Here is an article from HSH.com that talks about some other factors: Why Build Now?
REEF published a similar article this year
Don't miss the boat! This could be the year you Build, Renovate or Remodel your Cape Cod Dream Home!