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Philadelphia Real Estate Forum
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Updated over 4 years ago on . Most recent reply

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2
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1
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Bryant Myer
  • Contractor
  • Lancaster, PA
1
Votes |
2
Posts

Construction in PA, NJ, MD, DE, and VA

Bryant Myer
  • Contractor
  • Lancaster, PA
Posted

Just wanted to see if I could get a gauge or hear people's opinions on whether or not it makes sense to move forward with projects in 2021. I work for a general contractor doing work in the states mentioned above. We have a lot of experience with basically any type of commercial work in these states, but it seems like due to the uncertainty of the election, people have been pretty cautions about moving forward with building. Do you see this continuing after the new year? I'm always looking to help people budget costs for any new projects as I do this for a living, so if you'd like some help with determining costs to help decide on whether or not to move forward with a project, please dm me.

Most Popular Reply

User Stats

361
Posts
250
Votes
John Knisely
  • Real Estate Agent
  • Media, PA
250
Votes |
361
Posts
John Knisely
  • Real Estate Agent
  • Media, PA
Replied

Construction is humming along like crazy in the Philly suburbs. Homeowners are spending vacation money on trips they didn't take and doing additions, improvements etc. Great time to be a competent contractor in my area, the phones are ringing off the hook for these crews. I know investors are being somewhat cautious on new project acquisition and being more conservative on numbers. Homeowners and househackers are also rolling up their sleeves and buying that project house to try and stretch their dollar a bit farther and get some sweat equity.

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