Every spring, an increase in demand occurs for housing. This year, however, demand is rising early and projected to be even larger than previous year’s demand. Research shows the main reason for the early start is a result of the recession in 2009.
During the recession, several construction companies exited the market and did not return, and, thus, created a lack of new construction of entry-level houses. With the limited number of homes, prices are rising to a 30-year high, and mortgage rates are increasing, making buying houses even more difficult (read the full article from CNBC online).
With the increase in demand, buyer behavior is also shifting. Real Estate agent Fabirizzia Perri sees homes that typically receive 15 to 20 offers now receive over 65 offers. In a market like that, how is a buyer supposed to make an impression? A tip from current house hunters is to create an emotional connection with the seller by writing an introductory letter if the home is being sold by previous owners.
As the housing market shifts, Estes Designs Mailboxes and Streetscapes has also experienced growth in activity. The purchase of new manufacturing equipment allows us to quickly and efficiently manufacture our own Estes mailboxes to stay ahead of the rising demand. In addition, Estes Designs offers many products to fit every buyer’s needs. From identity theft inserts that safeguard your private information, to trimmer guards that keep your mailbox post looking fresh and new, Estes Designs is poised to grow alongside the housing market this year, and in years to come.
Whether you are trying to sell a home, build a new home, or improve the overall look of your house, condo, or apartment, Estes Designs is here to help you by providing the highest quality mailboxes and accessories available. Look online to create a customized mailbox that fits your needs, or call us at (317) 899-5556 to get a quote today.