Is Now A Good Time To Build?
Who We Are
Elizabeth DiSalvo
Founder of Trillium Architects
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I’ve been a residential architect for nearly 40 years. In 2004, I founded Trillium Architects with one goal: to design beautiful, healthy, and energy-efficient custom homes.
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100+ new homes and 300+ major renovations designed across Fairfield, Westchester, Litchfield counties, northern New Jersey, and beyond.
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Decades of experience navigating the highs and lows of the construction industry in this region.
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Our clients are smart, carefuful investors. And in today’s market, building now offers three compelling advantages.
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1. The Construction Industry is in a Slump
The residential construction market in our region is currently slow, especially compared to the COVID-era boom.
During COVID:
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Skyrocketing labor costs
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Long delays due to material shortages
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Projects cost more and took longer
Now:
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Work pipelines are drying up
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Contractors and subcontractors are becoming hungry for work
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Labor prices are flat
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Schedules are more realistic
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It takes about 6-12 months to plan for a new build. Fall is the perfect time to get construction going in the good weather of the next year.
👉 For savvy homeowners, this creates opportunity. Like investing in the stock market, the best time to build is when prices are low and demand is down.
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2. The Money Hurdles Aren’t as High as They Seem
Yes, interest rates and tariffs are headline issues—but they don’t impact everyone equally.
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Interest Rates
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Interest rates just dropped and more are predicted to follow
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If you’re building with cash, interest rates don’t affect you.
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Cash buyers gain the edge with:
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Better pricing
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Better contractor attention
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Faster schedules
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Tariffs
While tariffs are in play, they’ve been lower than expected (15–25% instead of the threatened 50%).
At Trillium, we’re skilled at workarounds:
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Windows: We’ve sourced high-performance alternatives (European wood windows, upgraded American products) that bypass tariffs while maintaining performance.
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Insulation & HVAC: Our deep green-building network connects us with innovators bringing cutting-edge U.S. products to market.
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👉 With creativity and innovation, we can design homes that avoid 95% of tariff impacts.
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3. The Local Housing Market Is Still Strong
Demand for housing in the Tri-State region remains high.
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There aren’t enough homes available.
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Properties sell quickly, often over asking price.
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The pandemic accelerated remote work—people now want to live in areas like Fairfield and Westchester for the schools, culture, restaurants, and easy access to NYC.
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As one Greenwich realtor recently noted:
“In a town where demand continues to outpace supply, it is no surprise that this home was swiftly snapped up, epitomizing Greenwich’s current market trends.”
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👉 With construction prices flattening and real estate values holding strong, building or renovating now is a great idea.
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Bonus: Affordable & Multifamily Housing
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A unique opportunity exists in the affordable/multifamily sector:
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States are mandating more housing supply.
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Towns are under pressure to approve projects quickly.
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Federal and state funding is available for transit-oriented and affordable housing developments.
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👉 If you’re interested in diversifying your investments, now is an excellent time to consider multifamily housing.
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Bottom Line
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Contractors are more available and affordable.
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Cash buyers have leverage.
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Housing demand in our region remains strong.​
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Now is not just a good time—it may be the best time in years to build a custom home in the NYC Tri-State area.
