Where to go on holiday in March 2023 - Condé Nast Traveller

-
Image
Temperature: 19°C high; 13°C low Season: spring Travel time from UK: 2 hours 35 minutes Time difference: GMT +1 Nothing brings a spring to the step quite like the sight of Italy's glorious Amalfi coast. Particularly in March, when its vertiginous twists are bathed in a daily average eight hours of sun. Cliffs plunge into the Tyrrhenian Sea, topped with grand palazzos and smart hotels. Narrow, Roman lanes are stuffed with limoncello stalls flogging the boozy spoils of Sorrento's famous fruit. Its snoozy air and pastel-coloured houses are pure Italian cinema: you might even swear you've seen a young Sophia Loren looking impossibly saucy by the quay. Do as the Italians do and spend the lazy, romantic days enjoying a long aperitivo . Don't miss fresh fritto misto at Marina Grande, the town's old fishing harbour, or Michelin-starred Il Buco in the cellars of an old monastery, where chef Peppe Aversa serves seasonal ingredients under a stone-hewn, vaulted ceiling. Th...
Post a Comment

Why You Should Buy Pre-Construction Homes Today - Benzinga - Benzinga

-

By Gil Dezer, President of Dezer Development

With today's market conditions, the biggest question on real estate asked -- When is the best time to make a home purchase? And the answer is simple. Today.

Why buy a pre-construction home in today's market?

The reason you want to buy a home in today's pre-construction market is because all economic indicators are pointing towards an increase in prices across the board. Due to supply chain issues, creating a shortage on supplies while the demand holds steady plus a record high level of inflation it is easy to forecast the upward trend in costs to produce.  Additionally, the rising cost of labor, caused by the current administration increasing the minimum wage, puts upward pressure on cost of labor from minimum wage earners up to executives; putting the risk on the developer to deliver the homes 5 years from now at today's market values. All indicators are showing a cost increase both on supplies and labor, but the pre-construction buyer could fix the purchase price under current market conditions while hedging against the foreseen cost and price increases.

How inflation affects home purchases:

Residential developer costs are rising rapidly, both on the supply and labor side. Minimum wage is set to increase over the next 5 years and inflation is at a 40-year-high at 7.9% percent ever since the current administration has taken office.  All these factors will clearly push prices higher, putting the pre-construction sale as the buyer's best bet.

Pre-construction benefits:

As previously mentioned, there is no doubt of significant cost & price increases in the short term.  Therefore, the main benefit for a pre-construction home buyer is the ability to fix today's price for a new home being delivered in the not-so-distant future, during what is set to be the highest inflation rates ever since in the US. There are not many assets out there where you could buy today, at today's prices but take delivery in 4 to 5 years.  Making it a no-brainer for anyone planning ahead.

----
Gil Dezer, President of Dezer Development, has grown to encompass unique and strategic holdings in New York, Florida, and Las Vegas over the past 45 years. 

This article was submitted by an external contributor and may not represent the views and opinions of Benzinga.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments

Post a Comment

Popular posts from this blog

10 Incredible Before And After Colonial House Exterior Makeovers - House Digest

-
Image
Susan Law Cain/Shutterstock With their gable roofs and symmetrical windows, colonial houses can make quite a statement. Classic, elegant, and charming, they've become embedded in the white picket fence, American dream imagery. According to Wentworth Studio, the colonial revival began in the 1880s and lasted until around 1945. The simplicity of these homes makes them the perfect candidate for additions, alterations, and renovation. American colonial homes tend to have a symmetrical floor plan, with the front door right in the middle of the front exterior and usually flanked by large columns and tall windows. They are impressive buildings, and flippers and renovators enjoy bringing these houses up to a modern standard. Sometimes it's a s...
Read more

Cabins in Pennsylvania State Parks: The Ultimate Guide - Philadelphia magazine

-
Image
Everything you need to know to have the best woodsy getaway in 2021. This camping cottage, as it's classified, can be found at French Creek State Park,  just an hour outside Philadelphia. It's one example of cabins in Pennsylvania state parks. (Photo courtesy of Pennsylvania State Parks, Commonwealth of Pennsylvania) With the warm weather upon us, you've probably been looking at your calendar, hoping to plan a getaway. I have a suggestion: Stay in one of many cabins in Pennsylvania. As my family has discovered over the past decade, the Pennsylvania state park system offers affordable cabin and yurt options that are comfortable, nostalgic and wonderfully woodsy. (Yes, you can bring your dog to some.) Plenty are within an easy drive of the Philadelphia area. And with high elevations, swimming lakes and waterfall hikes, there are plenty of options for cooling off. Here, a guide to how to do it best. PLANNING YOUR TRIP Where are these state parks? Pennsylvan...
Read more

Where to go on holiday in March 2023 - Condé Nast Traveller

-
Image
Temperature: 19°C high; 13°C low Season: spring Travel time from UK: 2 hours 35 minutes Time difference: GMT +1 Nothing brings a spring to the step quite like the sight of Italy's glorious Amalfi coast. Particularly in March, when its vertiginous twists are bathed in a daily average eight hours of sun. Cliffs plunge into the Tyrrhenian Sea, topped with grand palazzos and smart hotels. Narrow, Roman lanes are stuffed with limoncello stalls flogging the boozy spoils of Sorrento's famous fruit. Its snoozy air and pastel-coloured houses are pure Italian cinema: you might even swear you've seen a young Sophia Loren looking impossibly saucy by the quay. Do as the Italians do and spend the lazy, romantic days enjoying a long aperitivo . Don't miss fresh fritto misto at Marina Grande, the town's old fishing harbour, or Michelin-starred Il Buco in the cellars of an old monastery, where chef Peppe Aversa serves seasonal ingredients under a stone-hewn, vaulted ceiling. Th...
Read more