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Consumer Confidence is Good, but Demand for Homes is Great!

Categories: Uncategorized | Posted: July 19, 2017

Recent housing industry data shows that consumers are in a good place nationwide, their confidence heightened by an upward trend in wages, strong labor market, and better credit scores, among other things. The upside to this? Steady home sales. The downside? Too few new and existing affordable homes to handle the demand.

A limited supply of housing, combined with the fear of rising mortgage rates is making house hunters want to buy before getting priced out. However, the dearth of newly built homes is causing existing home appreciations and the cost of new homes for sale to rise. These factors lend themselves to an increase in bidding wars, and more opportunities for home flippers, who tend to drive the price of homes upward, thereby exacerbating the problem.

All of this is to say…now is the time to buy, so long as you buy smart! McGuinn Hybrid Homes is the market leader in Columbia when it comes to affordability. McGuinn will work with you to find a home you love, on your budget. With our quality constructed homes in White Knoll starting at $117,900, in Piney Grove at $119,900, in Glen Eagle at $128,400 and Harvest Glen at $135,900, these communities are on closeout, and great opportunities for the price conscious buyers because as new lots come on board development cost will increase and prices will increase. If you’re ready to buy but need additional assistance, make plans to attend McGuinn’s Homebuyer Mortgage 101 Seminar on Saturday, July 22, 2017. Topics discussed will include Credit Restoration and USDA loans.

“With the economy on an upswing for now, it’s the perfect time to look to McGuinn Hybrid Homes! We can help you with your credit issues, and find or build you the home of your dreams, within your budget. Attend one of our seminars, or just call us, for more information on how we can serve you.”

-Wade McGuinn, CEO of McGuinn Hybrid Homes

CEO Wade McGuinn

McGuinn Homes

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