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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The Leick family share their unmatched customer experience working with our team.

Leick Family
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Creative Homes Testimonial
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Great experience from start to finish! Derek and Jeff were awesome to work with and provided great communication, customer service and were passionate about building a high quality home we would be proud to own in the end. Third home built from the ground up and by far the best experience we had! Would recommend Creative Homes to others searching for a home builder who cares about their clients.
Lehman Family
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Creative Homes Testimonial
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Building a home with Creative is more than a process of building a house. Its the people you get to meet, work with and get to know along the way. And Creative knows the right people to have in the right position.

Doug Brahee
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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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We love our new Creative Home. Our designer, Rachel and builder, Jason were so helpful in the entire process. I'm thrilled with the design process. I wondered how it would all look finished, and I was very happy and amazed how beautiful it all looks! Thank you, Creative Homes!
Mackereth Family
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