Builder News: belton

Three Brand New Homes for Sale in Belton Texas

Three brand new homes for sale in Belton Texas are coming soon in the Bella Rose Subdivision!    These three new homes will range from 1680 square feet to around 2000 square feet.  They are all 4 bedrooms and 2 baths and feature our nice upgrades like granite, tall custom cabinets, cmarble tubs and tiled showers.   

Students who live in Bella Rose will attend the highly desirable Belton Independent School District.

Bella Rose is on the south side of Belton with great access to Interstate 35 and Interstate 14 (HWY190).  You can be in Austin in an hour, and Killeen Harker Heights Ft Hood within 25 minutes.

You can choose EVERYTHING to customize your new home at this point, so give us a call to find out more!  We should break ground on these new homes the third week of June, 2018.

Jerry Wright Homes, Inc. is also building in the Plains at Riverside off Old Waco Road in the Belton School District.

Here's Why New Home Prices are Headed UP

If you are in the market for a new home in the Temple, Belton or Copperas Cove areas of central Texas, you’ve probably noticed that prices have been creeping up over the past year.

Those prices have been going up because the costs of the materials used in the construction of a new home have been going up.  But did you know that those costs have been going up MUCH faster than the cost of a new home?

Home builders hate to raise prices.  They do everything they can to stretch their profit margin so they don’t have to hit their local home buyers with a price increase.  They absorb most of the price increases in materials and only pass a part of that cost on to the consumer.   

That’s why you have seen prices CREEPING up instead of increasing in leaps and bounds throughout the year.  

Unfortunately, lumber and other material costs have been going up all year. Take a look at what lumber futures have done over the past year:

Chart Source:  www.calculatedriskblog.com

New Home prices going up in Temple

At this time, the supply of lumber is low and demand is high.  Economics 101 says that low supply plus high demand equals higher prices.  That’s where we are in today's economy..

THE TAKE AWAY

Today, the lumber supplier for Jerry Wright Homes notified us that lumber prices are going to be significantly higher, effective immediately.

If you have your eye on a new home, now's the time to get out there and buy.   You'll save a good amount over homes that are under construction now and in the future.

With this huge “leap and bound” in lumber prices, plus all the costs builders have stretched to absorb in the past year, all new home sales prices can do today is take a pretty good leap upward, too.    

 

254-681-4875

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Jerry Wright Homes are marketed and listed by
Mary Ann Daniell, Texas Realtor #473270
Coldwell Banker United Realtors
254-681-4875

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