Fontana Lake Topics: Builders 250-400/sf
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Name:   Barneget The author of this post is registered as a member - Email Member
Subject:   Builders 250-400/sf
Date:   1/28/2009 8:26:06 PM

Woodman, I'm not a builder, but here is my understanding. The runup in home prices was driven by supply and demand. Things began to boil in late 2003, low interest rates allowed people to refinance and take equity from their homes. This put pressure on the trades, they responded by increasing their rates. Even illegals were commanding $11/hour. Then, the 2004/2005 hurricanes put tremendous price pressure on limited building supplies. Wall board jumped 20% the day after Katrina hit the Mississippi Gulf Coast. Meantime, my custom builder friends continued to work on 13% gross margins. I'm not very good with math BUT, a 13% margin is a long way from the 50% you are quoting. My builders, at the lake, and in town, were worth every penny we paid.
Other messages in this thread:View Entire Thread
Builders 250-400/sf - woodman60 - 1/28/2009 4:32:56 PM
     Builders 250-400/sf - lucky67 - 1/28/2009 7:24:27 PM
     Builders 250-400/sf - lake care - 1/28/2009 7:25:06 PM
     Builders 250-400/sf - Talullahhound - 1/28/2009 7:49:21 PM
     Builders 250-400/sf - Ulysses E. McGill - 1/28/2009 8:24:31 PM
          BTW - Ulysses E. McGill - 1/28/2009 8:56:40 PM
     Builders 250-400/sf - Barneget - 1/28/2009 8:26:06 PM
          Builders 250-400/sf - muddauber - 1/28/2009 10:24:18 PM
               $100-150 for a very nice house - Lakey - 1/28/2009 10:53:21 PM
     Builders 250-400/sf - woodman60 - 1/28/2009 8:35:07 PM
          Let us know - Talullahhound - 1/28/2009 9:34:02 PM
          Builders 250-400/sf - PC Al - 1/28/2009 9:52:31 PM
          Builders 250-400/sf - wix - 1/28/2009 10:04:36 PM
               Builders 250-400/sf - lucky67 - 1/28/2009 10:49:48 PM
                    my take on cost - itisd - 1/28/2009 11:01:56 PM
                         my take on cost - wix - 1/28/2009 11:32:53 PM
                              my take on cost - roswellric - 1/29/2009 10:47:15 AM
                         Your take on cost - roswellric - 1/29/2009 10:44:03 AM
                    bamaalum - wix - 1/28/2009 11:47:02 PM
          Builders 250-400/sf - roswellric - 1/29/2009 10:35:04 AM
     Builders 250-400/sf - water_watcher - 1/29/2009 7:14:41 AM
          Pure Propaganda - Swimmer27 - 1/29/2009 7:59:07 AM
          Builders 250-400/sf - woodman60 - 1/29/2009 9:17:31 AM
               Builders 250-400/sf - Swimmer27 - 1/29/2009 9:39:00 AM
          Builders 250-400/sf - Talullahhound - 1/29/2009 5:35:11 PM
     Buy-don't build - roswellric - 1/29/2009 9:44:18 AM



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