Hugo Diaz, owner of De La Fuente Construction arrested

One of the biggest events for New Homes in Augusta this year was the arrest of Hugo Diaz De La Fuente and his wife Blance Miranda De Diaz for harboring and using illegal immigrants for business purposes and personal gain.  Hugo Diaz was the owner of De La Fuente Construction.  The Diaz’s along with seven other individuals, were arrested at their Jones Creek home located in Evans, GA on November 4, 2011.

The Diaz’s property, including the Jones Creek Home located on Grace Avenue, located in Evans, Augusta GA and North Augusta, SC will be forfeited and seized by the govergaent.

This arrest has left many Augusta Home Builders and residents asking lots of questions and speculation about business practices in Augusta New Home Construction.  Over the past couple of years, new home prices have dropped significantly which many local builders claim they could not compete with prices quoted by De La Fuente Construction.

Now that De La Fuente Construction is out of business and won’t be competing for any Augusta New Home Construction projects, will this mean construction prices of new homes in Augusta will increase?  Will their be other arrests on other construction crews in the area?  We won’t know the answers to these questions right away.  You can be sure that I will be watching the pricing of New Augusta Homes.

Our market for new homes in Augusta is still very affordable and plentiful.  Home buyers still have a great selection to choose from in all styles and types of homes – from smaller, cozier homes to large, estate style homes.  There really is something for everyone when looking at new homes in Augusta, GA.

If you are considering buying a new home in Augusta or in the Augusta Area, please give Susan MacEwen a call at 706-294-6795,

Susan MacEwen, Realtor

Your Augusta Home Hunter!

Keller Williams Realty Augusta Partners

Mobile: 706-294-6795

Office: 706-868-3772 x207