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Do You Prefer the Charm of an Existing Home?

When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of the 38% of total buyers that added new construction to their list, only 11% ultimately purchased a newly constructed home! They added that 71% of these buyers are repeat buyers who are financially secure, with 45% using [...]

By |2019-01-22T05:00:52-06:00January 22nd, 2019|For Buyers, For Sellers, Move-Up Buyers, New Construction|Comments Off on Do You Prefer the Charm of an Existing Home?

5 Tips When Buying a Newly Constructed Home

The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering new construction: 1. Hire an Inspector Despite the fact that builders must comply with town and city regulations, a home inspector will have your best interests in mind! When buying [...]

By |2018-11-06T05:00:45-06:00November 6th, 2018|First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction|Comments Off on 5 Tips When Buying a Newly Constructed Home

New Home Sales Up 12.7% From Last Year

According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report also showed that builders have ramped up construction with an increase in new construction starts and completions. The summer months are often a busy time for builders as they capitalize on the warmer weather to be able to finish projects. Below is a [...]

By |2018-10-10T04:00:44-06:00October 10th, 2018|First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing|Comments Off on New Home Sales Up 12.7% From Last Year