Pandemic pushes area home construction to sustained highs | Local business news

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Russ Gray and his wife, Sasha, are prime examples.

The couple with two incomes – he is a real estate agent and she is employed in financial planning – are building their second home in Broken Arrow. About 700 square feet larger than their current home, it is a three-bedroom, approximately 2,200 square foot residence in Kensington Ridge.

“I know with the way home prices and building prices have evolved, it’s one of those situations where if you want a house in a neighborhood you like with a floor plan you like, now is probably the best time to buy it rather than wait,” said Russ, 33. “If we wait a year or two, this house could be way more expensive than we would be comfortable with. to pay.

The Grays chose to build after consulting with Butler Homes during the Greater Tulsa Parade of Homes in July. Construction should be completed before or around the beginning of the summer.

“We were just ready to have a little more space, and we absolutely loved Butler,” Sasha, 34, said. “We love the quality of their construction. We loved the floor plan.

The pandemic-induced market rally has endured despite recent supply chain issues and labor shortages, Smith said.

“The supply chain is very heavy,” he said. “If you can find materials, that’s a win. But we don’t know what the price will be today or in 30 days.

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