Why is a price increase necessary? The rise in cost boils down to two primary reasons.
- Material prices are increasing due to a 30% tariff on all Canadian lumber coming into the country. All home building forecasts show that this tax Hike has no foreseeable end.
- We’re working against a nationwide Shortage of skilled labor. As America’s Largest Custom Home Builder, we maintain an attractive package for trade partnerships, with a consistent level of work for the best skilled laborers. However, due to the shortage, the price of labor still continues to increase.
We want you to get the most home for your money. That’s been Paul’s vision since he began Schumacher Homes. We encourage you to act now to save thousands on your new custom home. In addition to the above affecting cost, our potential homeowners also should be aware of the pending Federal Reserve interest rate hike. Economic forecasters are anticipating this sooner than expected due to the current wave of economic optimism. A hike may come as early as mid-March, with projections of two additional rate hikes this year.
Contact a specialist today to lock into today’s current pricing and rates.