Midwest-based Fischer Homes experienced a never-before-seen sales growth of 138% in June. Only halfway through July, the nation’s 30th largest home builder is already closing in on its sales goal for the month, according to the company. The company’s rapid growth can be attributed to virtual consulting and walkthroughs, along with record low interest rates, and customers' desire for new homes. Fischer Homes believes their designs fit the bill for what homebuyers want: more space. Much of their success, they say, comes just from their Midwest-focus, making their offerings more affordable.
In June, privately held Fischer Homes, the nation’s 30th largest home builder, experienced unprecedented sales growth of 138%, on top of already robust 2020 results. Sales for the year are now up 38% over the prior year – reflecting surging demand across all the markets it operates in, with 1,570 homes sold in the first six months. Fischer Homes is already closing in on its July sales goal, with half of the month still to go.
Fischer Homes credits the dynamic sales growth to changing market conditions. “We are seeing a shift of new construction taking a bigger piece of overall home sales,” said Tim McMahon, President and Chief Operating Officer for Fischer Homes. “Customers want more room and different living spaces, supply is limited, and our home designs and communities are resonating with what today’s buyers are looking for.”
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