Florida real estate is insane right now... it is a great market for sellers but super competitive if buying! Two people I work with had their homes sell in less than 12 hours, both were cash offers, and one with NO contingencies, not even an inspection. Crazy.Folks,
Update 03 April:
A LOT has happened. Put our house on the market thinking it would take a couple months to sell. 3 offers in 5 days, sold on 7th! We'd heard Florida real estate was hot and now we've experienced it first hand. So we've jumped through hoops to get ready to move to a rental while we build the new place. Architect and wife have finished the layout of house and now we're doing final positioning on the lot. We're slated for soil borings next and haven't yet started design work on the pool. Does anybody have experience with Curtis-Sinclair in W Palm Beach for pool design? Or know of any other pool designers in Florida?
This is going to be my full-time job now. Loads to do and I'm a little concerned about sky-rocketing material prices. Lumber is 4x normal price. Concrete similar.
I should be out for bids early summer. I'll pass along pricing/delivery information I get. Already found windows and appliances are 36+ week delivery. This definitely front loads the cash flow. Fortunately construction loans still carry pretty low rates. One friend that just built a high dollar house with incredibly high priced Thermador and Sub Zero appliances. They were late several months so he couldn't get the CO. Ended up getting bare minimum appliances with odd lot inventory at big box stores so they could move in.You picked and interesting time to build.
I did a down to the studs reno on a house for one of my sons last year. He contracted on the house in February 2020, closed in June, starting construction in July and he moved in December 2020. Materials were a bit of a problem but we seemed to be ahead of the Covid demand curve.
Then another son bought a house for the land and is likely to teardown the house and build a new one. He is working with an architect now and I figure construction may start in early 2022.
So I will be very curious hearing about your experience.
Getting used to not having a pool for a while... I miss the pool a lot but we have a pool for the condo community. I have to admit that I don't trust anybody else to do my pool testing after 8 years of TFP. So I'm going to sneak some water to take to the condo and test it with my old pool tests. Robin says this is just an excuse and my pool testing is like a smoking addiction... is it possible to become addicted to TFP?
I don’t blame you. I won‘t even dip my toes in a public pool.Getting used to not having a pool for a while... I miss the pool a lot but we have a pool for the condo community. I have to admit that I don't trust anybody else to do my pool testing after 8 years of TFP. So I'm going to sneak some water to take to the condo and test it with my old pool tests. Robin says this is just an excuse and my pool testing is like a smoking addiction... is it possible to become addicted to TFP?