Super Suites

05/25/2023

Super Suites is thrilled to present 5 new suites in Windsor at Langley West’s new entertainment hub. Built by award winning Zenterra homes, this great project is located at the epicentre of growth in the Fraser Valley beside the Langley Event Centre! Thanks to our investors and set up team for your trust and love for what you do!

03/27/2023

I see we’re not the only ones with expansion plans in Liberty Hill Texas.

01/20/2023

This is the kind of service we’re string for!

01/04/2023

Great short video highlighting areas Super Suites LP2 is investing in

The Knight Group are a Platinum Top 50 husband/wife Real Estate Team helping over 70 families a year make home ownership a...

12/25/2022

Derek Peever reports from the front lines of the real estate winter, not only on the market value side but also from a challenging rental market, with fast r...

11/19/2022

More big news for Liberty Hill in North Austin!

11/17/2022

Here it is, the first video on my new YouTube channel featuring our superstar realtor Soomin Kim in Austin Texas!

Super Suites: https://supersuitesusa.com/ https://supersuites.ca/ -------------- Any Questions: Reach out NOW. 604.657.9909 -------------- Derek Peever is a ...

10/22/2022

It’s a bit surreal having watched Soomin Kim’s YouTube channel for over a year while getting educated on the Austin real estate market to now be making a collabo video on his channel!

Super Suites: https://supersuitesusa.com/ --Any Questions: Reach out NOW. 714.926.5730 | soominSK@ gmail.com ----------------Soomin Kim is a Austin Real Esta...

10/19/2022

Another 🔥 Austin metro master planned development

Austin's high adventure, mixed use Pura Vida community is on track to be the largest integrated Surf Park development in the world!

10/04/2022

10/02/2022

Construction Delays are Ongoing as Most Costs Continue to Rise
New NMHC Construction Survey finds that construction delays are ongoing throughout the country

This month's NMHC Construction Survey found that 90% of respondents reported construction delays, with 78% of this group reporting delays in permitting and 86% experiencing start delays. Notably, an increasing share of respondents reported delayed starts due to a lack of availability in construction financing—from 7% of respondents in March, to 15% in June, to 31% in this survey.

With construction delays a constant, costs remain on the rise with 76% of respondents experiencing price increases in projects, at an average rate of 9%. One bright spot is that lumber prices seem to be decreasing. Lumber prices, on average, declined for a second straight quarter, dropping 2% over the last three months.

Labor costs are on the rise as well with 21% of respondents indicating that labor costs had increased more than expected over the last 3 months, though encouragingly, that was the lowest percentage in the last three quarters.

Most Costs on the Rise
Exterior Finishes & Roofing +8%
Electrical Components +12%
Appliances +6%
Insulation +6%
Lumber -2%

“The nation is facing extraordinary housing affordability challenges in the wake of the pandemic,” said Doug Bibby, NMHC President. “Costs are up across the board and projects are taking longer and longer to complete. Lawmakers at all levels of government should look at every policy option available to them to reform antiquated zoning, streamline the development process and incentivize the building of new housing of all types and at all prices points.”

Prior to the pandemic, NMHC published the NMHC Housing Affordability Toolkit. As communities across the country deal with affordability challenges, the Toolkit includes six common local housing policies and provides recommendations for how localities can tailor them to their unique market conditions.

Find more key findings from the NMHC Construction Survey.

Source: Austin Apartment Association

09/25/2022

Very cool!

Boxabl is raising money to mass produce the world's most advanced building system and change the lives of billions of people around the globe.

09/21/2022

At Super Suites we help people who have experienced a flood or fire at their home, corporate relocation, and “in-betweeners” being affected by new home construction delays.