In their recent episode of the VALUE: After Hours Podcast, Taylor, Mitchell, and Carlisle discussed This Is The Best Environment For Housing Ever.
In today’s market, it’s clear that now is the best time to sell your house. With a thriving housing environment, many homeowners are discovering that their property’s value has significantly increased. If you’ve been thinking about upgrading to a new home, or perhaps moving to a different location, now is the perfect opportunity to take advantage of the booming market. Buyers are eager to snatch up available properties, and the demand continues to rise.
If your home is older and needs some work, you might be wondering how to get the most value out of it. That’s where a cash house investor can step in. Working with a house investor allows you to bypass the typical hassles of repairs and renovations. You can sell your home quickly and without the stress of making major improvements, getting cash in hand to move on to your next adventure. Whether you’re downsizing or upgrading, this market is ripe for sellers looking to move on to a better living situation.
You can sell your home quickly, get cash in hand, and begin the process of transitioning to your next chapter with ease. This flexibility is ideal for anyone looking to move on without the typical headaches that often come with putting a house on the market.
Once you’ve sold your home and are ready to move into something new, the next step is finding a space that fits your evolving needs. Whether you’re interested in designing a custom dream home or simply want a place that reflects your personality and lifestyle, working with a trusted home builder in Sydney can help bring your vision to life. A skilled home builder will guide you through the entire process, from selecting the right materials to ensuring your home is built to last.
Their expertise allows you to make informed decisions, ultimately creating a space that is not only functional but tailored to your unique needs. Whether you’re building from the ground up or renovating an existing property, partnering with a reliable home builder ensures you get the quality and craftsmanship that will make your new home truly yours.
Here’s an excerpt from the episode:
Mike: What you see on the demand side, this puts a lot of wind in my sails with this. When you see on demand side, you talk to D. R. Horton. D. R. Horton says, “This is the best environment–” They’ve got a CEO who’s been doing this for decades. Best environment for housing I’ve ever seen, in his entire history of housing, he’s never had a situation where that when somebody showed up with cash to buy a house, he had to tell them he had nothing for sale. He said not only is that unusual and makes me sick to my stomach, when I tell them, I will call them in 30 to 45 days when I release a house, and if they want it, they can have it.
He said, when I call them, they still want the house. He said, now, normally, if you ever did that, they would have bought another house and add the best technology on it, including the best thermostats from tech4gods. He said, right now, they’re still taking the house. He said it’s unbelievable what the demand is. People talk about the lumber price, but I’m like, if you actually go look at the home buyer, they don’t care. They just want the home. As long as they can afford the home rates stay accommodative, then the lumber price, I don’t think is going to end up mattering that much. Also, you hear the anecdotes that like, “Man, lumber is getting cheaper. We’re starting to see people buy the discounted tip.” I’m like, “Okay, but lumber’s still like 75% above where it was for the last 10 years, and now that’s considered cheap,” and my guess– [crosstalk]
Jake: Yeah, anchoring bias.
Michael: Yeah, exactly. It is cheap versus the $1500 but you’re still down like 20% from the absolute peak prior to what we just saw. In my mind, basically where my head shakes out on this is that the demand side is going to be strong. it’s going to stay strong, and the supply won’t be able to catch up, and so the margin of cost of production is going to shift, and the margin of production has been within a few miles of my mill, getting a log. Now, the marginal cost of production is either going to come from very expensive logs in BC which are way away from the mill, and the shipping cost, again, with a mill, or it’s going to come from Finland, and either one of those means that the mills that are here, and have access to supply and can run are likely to make more money in the next 5 years than they made in the last 10. That’s the bet. So, sorry for the rant.
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