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 entire time at Creative Homes has been phenomenal to work with through our building process. This is the 3rd time I have built and everything about the process has been second to none. I appreciate the entire Creative team and cannot speak highly enough of their work!!

Alicia
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Creative Homes Testimonial
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The Leick Family shares why they chose Creative Homes to build their dream home.
Leick Family
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Creative Homes Testimonial
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We had an incredible experience with our build by Creative. We LOVE our new home, & are so grateful for such an easy-going process from start to finish!

Danny & Jamie
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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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Me and my wife had the best experience with Creative Homes! They were very professional in their services. Our Creative Home sales rep, was outstanding!!!! He showed great customer service and went above and beyond his job to help our transition go smoothly. We definitely recommend Creative Homes for your next new home!

Kelley & Vanessa
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