New Residential Building Helps Drive Economy

This week’s blog is about the New York Times reporting that home building has helped drive the U.S. economic recovery. Residential construction grew 12.3% in the second quarter of 2020, which is the biggest gain on record. With record-low interest rates and many looking to leave the cramped cities, residential construction is doing better than before the pandemic. This is providing a good opportunity for potential homebuyers to jump on low rates and invest in new construction. At Southwest Florida Dream Builders, we have seen a substantial increase in new residential construction. With Winter, and snowbirds, on their way; our suggestion to any prospective buyers would be to move forward now.

If you would like to know more about land or homes in the local area, be sure to make an appointment with Southwest Florida Dream Builders and save a spot for your dream home today!