Business View Magazine - Dec 2023
them to design their own custom home,” he notes. “Interest rates may be high, but, still, my client tells me that, emotionally, this is the time of life where they’re going to build. These homes take six to 12 months to design, and then they take 12-18 months to build. You can be in the custom-home building environment for three years or so. So, trying to time the market doesn’t make sense. Yeah, interest rates are high, but maybe they’ll take money out of their financial investments or whatever makes sense to them. And I’ve been a beneficiary of that.” Currently, the company has six projects under construction and three more projects under contract.“We have all the work we need to keep our team working,” Cloward reports. “2024 looks great. And we’re looking to take more projects on into 2025. We’ll be doing better if everything plays out than we did in 2023. That’s one of the things I’ve enjoyed ever since starting in 2008. Every year that I’ve been in business, we’ve increased revenues and that continues to stay true.” FORWARD AND BACK 57 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12 RAYKON CONSTRUCT ION
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