Email Crystal Email
Jan 16, 2023

A Review of 2022 in New Home Construction

Sponsored Content provided by Crystal Fidler - General Manager, America's Home Place

Reflecting over the housing market in New Home Construction last year, it has been one to remember. It was a difficult year in terms of the availability of materials, delayed shipping times, product lines being discontinued and just an overall of unknowns from week to week. 

However, we fought to overcome all the issues thrown our way, to continue to strive to give our customers the home they wanted. Many customers don't realize what has gone on "behind the scenes" of the Home Construction industry during the last couple years and all the obstacles that not only we, but our supplies, have had to manage. It didn't stop at the extreme rise in cost of materials or delay in shipping times but also employee shortages across the board due to Covid and extended building time, due to the shipping times. As 2022 came to a close we are finally seeing less of these issues. 

And what about those interest rates? Although interest rates are now fluctuating in the 6-7 % range, many forget that the interest rates now, were the normal low rates from the 1970s through the 1990s - except for a brief period in the 1990s where it jumped to 10%. It wasn't until the 2010s that they dropped to 5% and then went down lower as we went into the 2020s. What we want our customers to understand as they are deciding whether to build now or later, is that no matter how you look at it - investing in a home is always the best choice. Paying rent month to month, year to year is giving your money away to something you will never own. Building a home is always an investment. You can refinance your home at a lower rate in the future but you are never going to get the money back that you pay in rent. 

Each month we have an event for any who are interested in learning about the building process, the construction lending process or even new construction open houses. Give us a call and ask to be put on our call or text list to receive these notifications so you can become acquainted with our company and staff. Simply stop by during our business hours to check out our showroom. We look forward to the coming year with the hope to build homes with our neighbors and friends in the surrounding area. 

Crystal Fidler 
General Manager 
[email protected] 
America's Home Place 
1215 West Gate Drive, Ste. 140 
Leland, NC 28451 

Ico insights



The Impact of a Growth Mindset

John Monahan - Vistage
Burrus rob headshot 300x300

Spreading Wings for Flight: 2nd Annual Trade Show Highlights the Ingenuity of UNCW Business Students

Robert Burrus - Cameron School of Business - UNC-Wilmington
2022052 75 142344351

Bridging Futures: The Case for Toll Funding in Wilmington’s Cape Fear Memorial Bridge Revamp

Natalie English - Wilmington Chamber of Commerce

Trending News

City Club, Event Center On The Market For $7.5 Million

Emma Dill - Apr 16, 2024

Wilmington Tech Company Tapped For Federal Forestry Contract

Audrey Elsberry - Apr 15, 2024

Commercial Real Estate Firm Promotes Adams, Mitchell To Vice President Roles

Staff Reports - Apr 16, 2024

New Hanover Industrial Park To Get $3.3M In Incentives For Expansion, New Jobs

Emma Dill - Apr 15, 2024

Gravette Named Executive Director Of Nir Family YMCA

Staff Reports - Apr 16, 2024

In The Current Issue

EMS Program At CFCC Receives Accreditation

CFCC recently announced its emergency medical services program has achieved accreditation from the Commission on Accreditation of Allied Hea...

Area Attorneys Chosen For 2024 Legal Elite List

For the Business Journal's annual Law Issue, read about area attorney's who made this year's Legal Elite list....

Surgery Center Recognized By Orthopedic Organization

Brunswick Surgery Center recently received four certificates of excellence from accreditation organization DNV Healthcare....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2024 Power Breakfast: The Next Season