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Westcott Homes

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The Westcott Home is absolutely beautiful and the people we worked with were always willing to help out and make sure our needs were being tended to.

cite-markNicholas and Claudia

Posts Tagged ‘Housing Bubble’

Strong Builder When the Bubble Burst

Friday, April 16th, 2010

The Puget Sound housing market began a precipitous decline in 2007 commonly referred to as the housing bubble bursting. This caused a lot of home buyers and builders to lose much of their net worth. During this challenging time prices decreased, lending standards tightened, and the evening news began mentioning foreclosures and job-loses on a nightly basis.

Did you know that during this time Westcott Homes has gone from 55th new home builder in the Seattle area by volume to 8th? We have! That means we’re a growing, strong company and one that you can trust for years to come.

How have we done this?

Simple. By continuing to offer great values. We piece together innovative land deals and work hard with our subcontractors to bring you the best quality and value we can that has helped us consistently out perform our competition.

What does this mean for you?

What this means for you is that you can get an excellent price on an amazing new home from a builder you can trust to be around.  When so many builder’s are experiencing serious troubles, we’re one of the few that has found the true key to this challenging market.  Unbeatable values.

If you have any questions about how or why Westcott Homes is such a strong builder please ask us below.  We’d love to talk with you.

The Housing Bubble and the Future of Homebuilding

Wednesday, January 13th, 2010

Beginning in 1995, the prices for homes in the United States rose sharply. Increasingly, consumers purchased new, bigger homes. Then, in 2005, housing prices peaked in the United States. 1,283,000 new single-family homes were sold as opposed to an average of 609,000 per year in the 90s.

Finally, in 2006, the housing bubble burst and prices began to decline as foreclosure rates increased nationwide. In response, Westcott Homes has evolved to cater to this new homebuyers’ market.

A Changing Market

As the economy has changed, so have the needs and wants of consumers. For awhile, as we neared the peak in 2005, consumers increasingly sought homes that offered quantity over quality.

Soon after moving into their big expensive homes, they realized that a lot of space went unused and wasted.

As time passed, and foreclosures increased in the US, consumers began looking for homes that were built with high-quality materials and that utilized space efficiently.

Luckily, Westcott Homes was there to meet their needs.

Affordable Dream Homes

No one wants to give-up the idea of living in their dream home.

You’ve worked hard for it so why should you?

By paying close attention to every aspect of the purchasing and building process, Westcott Homes can offer values unmatched by our competitors. When you purchase a home in one of our beautifully designed neighborhoods, you’ll know you’re getting the most home for your dollar.

A Strong Economic Future

At Westcott Homes, we’re working toward building a strong economic future for the Washington housing market by offering affordable homes with lasting value.

Like no other homebuilder, we continue to provide families with homes that meet both their needs and their dreams without sacrificing value.