You’re eager to start your new life in a log home. Maybe you’ve pictured the rustic retreat of your dreams. It’s a big decision, but making your move now can pay off in the long run.
Economic indicators, such as interest rates and costs of construction materials, fluctuate as the national economy evolves. But interest rates and construction costs do not show signs of decreasing – and will increase over time.
Statistics underscore that forecast. Building materials costs rose 38% in the years from February 2020 to February 2024, the National Association of Homebuilders reported. The Federal Reserve in January did not reduce interest rates, pausing a pattern established in September 2024. That means 30-year mortgage interest rates are expected to remain between 6% and 6.5%, according to U.S. News and World Report.
So, by waiting, it’s clear that a buyer’s overall costs likely will increase – not decline. So, an investment now starts the clock on building valuable equity in your home, providing a long-term payoff complementing the experience of enjoying your new log home.
If you’re ready for the adventure of a new beginning and prioritize the unparallelled coziness of life in a log home, Estemerwalt’s experts are here to help. They can answer all your questions, suggest how to maximize your budget and partner with you to design the dream home that suits you and your family.
Once you decide a log home is for you, start right away. So take action – for now and for the future.