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Anyone read the article in the Washington Post about Case Design Build?
I think they are wrong about the housing market in the DC area.

May I suggest an article idea?

We are home builders and architects and we have more business than we have had in two years.

There are many owners that realize that rates are low and construction costs are flat, and that real estate is a long term investment, not something that bounces daily like the stock market.

We are selectively pursuing many home building opportunities in this market place. This is a great time to be building as a builder because we are taking advantage of the cost of construction to maintain our profit margins and pass on the greatest value to clients since the late 1980’s and the early 1990’s (the last recession). This is a great time to build homes.

Washington DC real estate and home real estate in particular, is the best real estate on earth.

Tell me what you think?

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There is a alot of new home activity inside the beltway of Washington DC. The values of residential real estate in a variety of zip codes in Montgomery County Maryland have maintained value. In fact, there are several zip codes that have probably increased in value. We find that mortgage interest rates are relatively low combined with excellent prices on the direct costs which go into new custom home projects, make this an ideal time to be acquring and building.

Real estate should be looked at as a long term investment. We do not try to purchase real estate and “flip” houses. We believe real estate is a long term investment. Our financial models hold the assets for a minimum of five to seven years.

With this approach, we think real estate in the Washington DC area is an excellent long term asset. An asset which you can create real long term wealth.