When the economy begins to turn around, there will be more available real estate at the most affordable prices in the history of this country. So many houses have been put onto the market in the last decade, there’s literally a plethora of houses in places that just can’t seem to find the right buyers. And with the extraordinary rate of foreclosures that’s is sill happening around the nation, it’s not a wonder that new homes continue to struggle to gain footing in the risky and unstable real estate markets of America. A few companies have continued to persevere in the market of newly constructed residences, but their success is wholly reliant on the absolute quality and professionalism that they’ve built into their brands. Any construction that is not built well or can’t stand up to the tests of time, or market scrutiny, will be summarily dismissed as fraudulent fluff.
The days of cookie-cutter residential developments have been replaced with a more focused and consumer friendly home building process. These properly crafted houses have an eye for the usual comfort and security, but they’re designed with an eye for quality and artisan craftsmanship that speaks to the golden era of home building, especially California in the 20s. Each element of the design and build process is meticulously planned and executed with a heightened degree of awareness. These new homes are the epitome of industrial strength and new economy accountability. This is the kind of sea change that happens when an entire industry is challenged to meet the public’s demand. And the public’s demand, indeed, the entire real estate market, has shown a marked decrease of any interest in new homes. So, these developers have had to innovate with their processes and cultivate a newly imagined method for construction and sales. Much like the spendthrift days for buying stocks and dot-com companies from the past decade, the halcyon days of aligning buyers with new homes has reached its proverbial apex.
Look at the means for survival in any industry fraught with turmoil and a traumatic shift in the old ways of doing business. How would a business expect to thrive or even survive if they’re not capable of evolving and imagining better ways for conducting their research and development? If they even have a research and development branch of their business, it’s often set upon maintaining the status quo. Not anymore, as the market demands a novel approach to these days gone by. Look at the way these developers have taken accountability for their dismay, and ask yourself if they’re in the game for the quick buck or the long run. Chances are, the quick buck people won’t be around for long – at least not with this real estate market telling them otherwise.