Categories: Uncategorized | Posted: February 6, 2013
Great news! According to housing and real estate experts 2013 is going to be an excellent year for home sales and housing prices, which means that if you’ve been sitting on the fence about building your Peoria custom home, it’s time to take action. The U.S. housing market in 2012 proved to be the most successful stimulator to the national economy above all other sectors. Economists expect the housing market to continue improving this calendar year.
Because of this uptick in home sales, other industries begin to see growth, in what we like to call the “trickle-down effect.” Every time a new home is built or sold, industries such as furniture manufactures, department stores, and restaurants profit greatly. When the demand for homes increases, the local and national economies feel the effects. Higher home values give customers and builders more confidence to go out and spend money or make investments, which also stimulates the real estate market and broader economy.
Know that when you build your custom home in Peoria, you’re helping stimulate the economy at local level, with a family company who loves everything about building new homes in Central Illinois. Discover the difference between a house and a Peoria Custom home – you’ll find that it’s all in the details.