While the increased activity we’ve seen in the Edmond real estate market is exciting, there are more indications that this upturn may reach beyond our local, and even regional, economies.

According to MSN, “New U.S. home sales jumped in June by the largest amount in more than eight years as buyers took advantage of bargain prices, low interest rates and a federal tax credit for first-time homeowners.”

The real upside to this news is that it specifically speaks to the recently-lagging new construction side of residential real estate which, of course, creates many jobs.  If new home sales strengthen, that will likely equate to an even stronger appreciation in existing homes.

New home construction is something I’ve been around for a while and I’ve had the pleasure of helping lots of people build their new homes over the past several years.  It’s one of the areas I specialize in, allowing me to provide some guidance where others may get lost.

Along that vein, two friends and trusted local professionals in their respective field – Trey Bowden and Brodie Tucker – recently sat down together to discuss some of the finer points of successfully building a new home in Edmond, OK and I thought this would be great information for you, my readers, to commit to memory.

One of my favorite points in this article:

“It’s important to follow up with phone calls and to make only the promises you know you can keep. Then when those things come up that you can’t control, you have a relationship that can withstand the bumps in the road.”

That’s solid advice in any venture, and home-building is one that definitely requires solid communication and delivery on promises.

To many, it’s amazing that local builders would have the nerve to raise their prices when the market seems so questionable. However, at second glance, it’s not hard to see why.

News 5 recently did a nice piece explaining that new home builders in and around Edmond are affected by rising oil prices just as much as you and I are.