Market Update
May 1, 2021

Market Update

What a crazy world that we’ve all been living with since early 2020. None of us could have predicted being in the situation we are in right now. The real estate market has not taken a break since early 2020 and it has only continued to become an even hotter market. Since the onset of the pandemic, the price of lumber has skyrocketed to over three times the price at the same point last year. We see record highs in lumber prices day after day.

With historically low interest rates creating a red-hot market and the cost of building materials consistently rising, Creative Homes has had to learn to operate in this new demanding, hectic time. Like anything here at Creative Homes, we want to provide an unmatched customer experience for our homebuyers and that never changes though we now have to collaborate more than ever on what changing availably and prices can mean to the homebuying process. As we move forward in this uncertain market, our team will continue to put our homebuyers first. We’ll be working with you all to provide honest, transparent updates and get you into the house that truly feels like a home. We look forward to sharing more updates as the market continues to evolve and support you in each aspect of your home building journey.

Hear From Our Homeowners

Creative Homes Testimonial
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Overall, we are very pleased that we selected Creative Homes to build our home. It was a joy to work with everyone involved in the process and we love our new home! Thank you all for such a positive and exciting experience!! We are happy to recommend Creative Homes to others. Our realtor was correct when she said that Creative Homes is a very solid company with a good reputation in the Twin Cities home building industry.
Marin Family
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Creative Homes Testimonial
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This is the second home we have built and after the horrible experience we had the first time, I said we would never do it again. Thankfully, our experience with Creative Homes was the exact opposite. We have had a wonderful experience with the quality and detail of the home and everyone we have met from Creative Homes. 

Dave & Dawn
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Creative Homes Testimonial
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I want to take a minute and write to you to express our gratitude for you and the whole Creative Homes Team. You made our dream come true, and every time I enter our new home I cannot believe it is ours. Thanks again!

Siadak Family
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Creative Homes Testimonial
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We love it from top to bottom inside and out!!! Thank You!! Creative Homes has been fantastic to work with, they have made it a breeze purchasing a new home. Every single person I’ve met from Creative Homes has been a pleasure to meet and they are very friendly and knowledgeable.

Dennis
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Creative Homes Testimonial
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We absolutely loved our new home from the first time we saw it, and have felt the same ever since moving in! From start to finish the entire process working with Creative Homes was smooth sailing. We couldn't be happier with our house or our home buying experience!

Matt & Shannon
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