As the U.S. housing market continues it’s recovery and millions of Americans find themselves searching for a new home, it’s likely few people realize the effect their potential purchase will have on the overall economy. Earlier this year, Coldwell Banker Realtors noted via Twitter that for every two houses sold, one job is created. However for those considering building a new home, the impact is even greater. According the National Association of Home Builders, for every house that is built, three jobs are created. In southeast Michigan, that statistic becomes more significant when you consider the local marketplace for new home construction.
By building a new home in metro Detroit, you’re not only adding jobs and providing work for the various trades who will build your house; you’re also supporting a local company. Unlike most markets around the U.S., where national builders dominate the landscape, almost every active builder in southeast Michigan is local. Some may have a national presence, but they’re headquartered here and build locally. The majority are either based in metro Detroit and build exclusively within the Detroit area; or are based in Michigan and build exclusively within the state. Few markets can say that.
So, take advantage of our Michigan-based builders and consider new home construction. Instead of wasting time searching for your dream home, build it. It’s better than just buying American, it’s building Michigan…
More Articles
Metro Detroit
THE NAR SETTLEMENT
Real estate is back in the news and as you might’ve heard, um, some things have happened. Primarily, the NAR...
April 15, 2024
Read MoreMetro Detroit
NEWSLETTER: APRIL 2024
NAR YOU SERIOUS OUR THOUGHTS ON THE (POTENTIAL) SETTLEMENT Last Month the National Association of Realtors (NAR) settled the commission's...
April 14, 2024
Read MoreMetro Detroit
1933 CAMROSE COURT
New construction that is move-in ready, 1933 Camrose Court features a spectacular new custom ranch home by Strathdale Development. Nestled...