Like everything else, home prices are on the uptick.  The costs of materials and supplies are rising.  Land development costs are historically high.  Lots in good locations are getting more and more difficult to find.   The costs of mortgage finance has been the silver lining in this economical storm, but those costs are also going up.  If you are considering the purchase of a new home, now is the time to act.  Consider what a small bump in interest rates  - just one small piece of the puzzle - will do to a monthly payment.  All indications are that rates will rise next year.  Grant has homes finished and ready to move in NOW - before interest rates go up.

*Reprinted from Keeping Current Matters Blog.