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Design
Interiors to LOVE
Smart design strategies for today ’ s real estate market . By Kim Gordon
The real estate market fluctuation can give any builder or developer pause . The cost of raw materials is showing very little signs of relief . After the supply chain disruptions , some costs may drop but the glory days of prepandemic prices are unlikely to return . The same for mortgage rates . Bankrate ’ s latest national survey shows the average rate on a 30-year mortgage was 7.23 percent as of May 2024 . People who have fantastic rates from just a few years ago are holding on to their homes so they don ’ t get stuck with high interest rates on their new place , causing low inventory . It ’ s a seller ’ s market .
New rules with your local city planning office seem to change with the wind , along with every other planning supervisor you talk to ; each having their own take on the laws , potentially causing scheduling disasters and money . modernhb . com 19