Following the recent election, many potential home buyers are deciding to purchase a home now rather than delaying it to a later date. According to the California Association of Realtors’, this is largely in part due to the expected increase in housing costs as a result of anticipated inflation rates. With more buyers flooding the market and limiting available housing stock, you may be considering building your dream home to check off all of the real estate must-haves on your list.
Getting into the real estate market can be a daunting task with many variables to consider such as housing costs, housing availability and purchasing versus building. If you decide to build rather than buy, it allows you to create a custom dream home that’s right for your family. The first step when looking for the ideal place to call home involves determining where you wish to build and what type of home you prefer.
The next phase is to decide who will build your home and whether you want to hire a contractor or work with a developer; either way, there are many decisions to be made. These decisions include making your way through the many California real estate laws set in place to regulate the construction industry. Hiring a construction manager to oversee the build can help alleviate stresses that typically arise when building such as ensuring materials are delivered to the site on time to stay on schedule and budget. They can also contribute to ensuring your dream home is constructed to the highest level of craftsmanship.
Seeing your dream home come to life can be a very rewarding experience with the right help. Trying to undertake such an endeavor on your own may lead to unnecessary frustration. An experienced real estate and construction attorney can help you through the process from start to finish, answering any questions or concerns you may have along the way.