This gorgeous
builder spec home by Evergreene Homes, one of our most loyal builders, was staged by Maggie and her team.
Erin and I blog about all things suburban and how we're transforming
our builder spec homes into spaces we love.
Just in case you're new here — Welcome to Suburban B's — we're Erin and Tricia and we're all about turning our basic
builder spec homes into spaces we love while raising three kids in the «burbs.
Not exact matches
A growing number of the $ 100 million listings are
spec homes, or newly built
homes built on «speculation» by a
builder to sell.
Once you've picked out a lot, and have worked with the
builder to draw up the new
homes «plans and
specs», you go to a small local bank for a construction loan.
My husband is a
builder and we would like to build a
spec home to sell for a profit.
Legacy State Bank, Loganville • GA 2005 VP / Commercial & Consumer Lender / Compliance & BSA - Patriot Act Officer / Branch Manager / Security Officer Initiated new
home construction loans for
builders -
spec and pre-sold from $ 160M to $ 450M, and followed pricing model on loans of Prime +1.0 % with 1.0 % fee.
@Jim Groves it was also driven by an almost inexhaustible inventory of shovel ready lots that were cheap and had no govmit restrictions to building along with GA and AL
builders that came down and built huge amounts of
spec homes that banks allowed to happen..
It would help to find ways to reduce the debt risk to
builders who are building
homes on
spec, not just at entry - level price points, but also on custom
homes with the kinds of amenities that draw the move - up buyers.
The new -
home sales process in the U.S. became protracted in recent years when lending for individual
builders of
spec homes evaporated.
Thirty - one percent of
spec homes built in the first quarter of this year by major
builders were smaller than 2,250 square feet, according to Zelman & Associates, a housing research firm.
This stunning $ 674,900 new construction in Charlotte, NC sat on the market for 9 months as a
home builder's vacant
spec home.
The main source of revenue for homebuilders is new
home construction (see chart 6) which accounts for 97 percent of all business receipts of
spec builders, and 83 and 87 percent of revenue of SF and MF general contractors, respectively.
I know exactly what I want, and I would want to pick the
builder and architect... no
spec home for me.
We just moved into a new construction
home, but it was a
builder's
spec house so we did not get to pick ANYTHING — not the colors, the fixtures, etc..
They had purchased a
spec home that was already under construction and the
builder was letting them customize some of the finishes throughout (lighting, floors, paint colors, countertops, and hardware).
I highly recommend looking at your
builder's
spec home listings online.
And it is considered a bit risky for
builders to put white cabinetry in a
spec home.