Are you looking for a custom home builder in the Western Suburbs to build a new home or remodel your existing home? Currently, homeowners are spending extra time at home and dreaming of more indoor and outdoor space. Data shows people want to move from urban to suburban communities. With the ongoing health crisis, it’s no surprise that many people are starting to consider this shift. People want more space, proximity to fewer people, and a custom home with desirable features.
The latest Market Recovery Survey from the National Association of Realtors lists features and amenities buyers are looking for, especially since the coronavirus has shifted many buyer’s priorities. The most common home features are home offices and space to accommodate aging parents.
According to the survey, many people living in the city would like to live in a different area now due to COVID-19.
• 47% have an interest in purchasing a home in the suburbs
• 39% are interested in purchasing a home in rural areas
• 25% desire to be in small towns
As we can see, buyers are eager to find a new home in the suburbs, but there’s a lack of homes available to purchase. Albrite Building is a top-notch custom home builder that is dedicated to building a home that works for you and your family. Our professional team includes engineers, interior designers, contractors, and construction workers.
Danielle Hale, Chief Economist at realtor.com said, “The June Housing Trends Report showed that buyers still outnumber sellers which are causing the gap in time on the market to shrink, prices to grow at a faster pace than pre-COVID, and the number of homes available for sale to decrease by more than last month. These trends play out similarly in the most recent week’s data with the change in time on the market being most notable. In the most recent week homes sat on the market just 7 days longer than last year whereas the rest of June saw homes sit 2 weeks or longer than last year.”
If you are looking to build a new home or want to remodel a home, contact Albrite Building in Westmont today at (630) 655-9436 and let us help you create the home of your dreams. Albrite Building is located at 777 Oakmont Lane, Suite 50, Westmont, Illinois 60559.