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How Does Interest Rates Affect New Home Sales and Where's The Best Place To Build?

These real questions on new home starts the steel in the building pays the
and interest rates on real estate are company who made it, who then pays the
answered by a US Master Builder and wages of the workers, who then pays the
myself after receiving them from readers grocer who then pays his staff, who then
of my e-book, pay their rent, car payments and so on -
"Residential Development Made it goes round and round.What does affect
Easy."Question 1.What is the your the new home industry is lower wages and
forecast for home starts in the US for our jobs going to foreign countries. If
the next 12 months? 24 months?Master people can't afford a home, then they
Builder & Developer's Reply:This depends don't buy and that directly effects the
upon where you are. New home starts are housing industry.Question 3.What
excellent for Florida, Texas, and progressive processes are being
Arizona.What most people don't appreciate implemented for more environmentally
is that there is always growth in new friendly and better insulated new homes?
homes. Cities grow in spurts, but there All concrete framing? (no wood) Other
is also controlled growth. As one part of unique materials and
an area dies from old age it is approaches?Master Builder & Developer's
revitalized and redeveloped.So remember Reply:As a Master Builder, we use the
national growth statistics on new home current technology in building material.
starts are not much use to you unless you Concrete is outdated and has many
have a national business. The best advice environment problems. Our new homes are
we can give you is to "read" market data the most environmentally friendly homes
- census data etc.Personally I have kept that you'll ever have built.No wood is
average residential dollar sales figures used except for molding and cabinets.But
on homes for my City since 1974. At first the problem is convincing the buyer. We
it might appear to be a lot of work, but have access to material that replaces
after you have your base, say 20 years wood products, that are made up of
worth of data, you only have to add one recycled material that is vastly superior
figure a year.My City's growth dollar and looks more real than wood.We have
sales value shows a 150% increase every 8 access to luxurious carpet that is made
years. It is valuable to know where you from recycled plastic soda bottles. We
are in the cycle - so it is worth doing have access to recycled paint that has no
the figures.By that I mean, if you sold a out gassing. Recycled roofs that have a
property in the seventh year of the 20 year warranty. Our homes have an R-70+
cycle, you'd make about 90% profit on rating. Meaning less energy required for
your 'buy-price' but by waiting one more heating and cooling.There are the
year it becomes 150%.Stats are important, 'traditionalists' and there are the
so do the homework. After all, all you 'innovative clients' - all we can do is
got to do is get some figures educate and then the clients will benefit
from an office for FREE and put them on and so will the environment.Question
an spreadsheet.Question 2.How do changes 4.What changes are being implemented to
in interest rates affect sales of first improve customer service to new home
time new home, middle class, and estate buyers? (My daughter is buying a
housing? Aside from the obvious, any Hovnanian home for a fraction of my last
interesting statistics or trends?Master home purchase, yet she
Builder & Developer's Reply:I'll tell you is getting a weekly status call from her
a secret. The answer is that it doesn't new home sales representative!)Master
affect the new home part of the housing Builder & Developer's Reply:This depends
industry. If you watch the news when you upon your builder. In our case we provide
hear about the housing industry in a our buyers, investors and developers with
slump or slowing down -- Greenspan in on daily video updates. They log into their
the news within a few days adjusting the account on our site and the site
interest rates to supervisor
ensure continued growth.The building walks them through what was completed
industry is the engine of our economy. If for that day and what is scheduled for
a country has had an economic slump and the next day.Our clients have video
the Government wants to kick it off documentation on their property. We also
again, they start by 'flicking on' on the provide service after the sale. If three
new home building industry switch.It is years after the purchase, the neighbor
the quickest to react; quickest to throws a ball through the window or
increase employment figures which pays the cat destroys the carpet -- all the
for groceries, mortgages, school fees - buyer has to do is log on to their
you name it. Two economists arguing will account.They tell us what needs to be
give you three opinions, but they all replaced or repaired and in what room and
agree on the 'economic multiplier we can do it almost immediately, because
effect.'That means that a $100 million everything is in our database about the
project has an economic effect in the home.Author & $1.
community of about $230 million. That is




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