by Elyse Sarnecky | Oct 14, 2023 | New Construction Homes
Is It Better to Buy a New Construction Home? In today’s real estate market, it’s hard out there for home buyers. The U.S. is facing an ongoing housing shortage, and inventories of existing homes are extremely low in many areas across the country. To close this gap,...
by Alicia Persson | Aug 24, 2023 | New Construction Homes, Real Estate Trends
Mortgage Rates Reach 21-Year High As the average 30-year fixed-rate mortgage interest rate surges to a staggering 7.48%, the highest level seen in 21 years, homebuyers are struggling to find affordable real estate. Taking out a home loan for a $400k house with 20%...
by Alicia Persson | Aug 22, 2023 | New Construction Homes
Before you build a brand-new dream home, you should know the pros and cons of new construction homes. By understanding the big picture in this type of real estate, you can decide whether a new construction home purchase or an existing home is right for you. What are...
by Alicia Persson | Aug 11, 2023 | New Construction Homes
What’s It Like Buying a New Construction Home? Buying new construction homes is a brand-new experience even for seasoned homeowners. It’s a unique process for homebuyers that requires the guidance of a real estate agent that specializes in new construction. If you’re...
by Alicia Persson | Jun 27, 2023 | Home Living, New Construction Homes
Is it cheaper to buy a new home or renovate? It depends. In this season of sustained high-interest rates, many homeowners wonder if they should get a new construction home or fix their existing one. Both paths have advantages, disadvantages, and cost considerations....
by Alicia Persson | Apr 26, 2023 | New Construction Homes
Closing Cost Assistance and Down Payment Assistance for New Construction Homes If nothing on the market sparks your fancy, or if you’re tired of renting properties that seem to require maintenance calls every other month, the idea of a new construction home may appeal...
by Alicia Persson | Apr 25, 2023 | New Construction Homes
Becoming a homeowner is often a symbol of “big-time adulting” but also a highly beneficial financial decision. Since it offers so many benefits, the dream of a new house is quite common. But why exactly does everyone dream of buying a new house? Since civilization...
by Alicia Persson | Apr 25, 2023 | New Construction Homes
How to Build More New Construction Energy-Efficient Homes Builders around the country are supplying new construction homes in a market that desperately needs more housing inventory. At the same time, home buyers are more aware than ever of energy savings. In fact,...
by Alicia Persson | Apr 24, 2023 | New Construction Homes, Real Estate Finance
Would you like to purchase a home in the future but don’t think you have enough income to qualify for a loan? You’re not alone. Many people, especially first-time buyers, ask themselves this same question. Affordability is a common concern in 2024, as both...
by Alicia Persson | Apr 10, 2023 | New Construction Homes
How To Find Pre-Construction Homes In the NAHB’s recent study on “What Homebuyers Really Want,” 60% of respondents say they would prefer pre-construction homes over existing structures. Pre-construction homes, also known as new construction homes or townhomes offer...
by Alicia Persson | Apr 10, 2023 | New Construction Homes
Do New Homes Depreciate? A new construction home starts at its highest property value. However, the clock immediately starts ticking on losing its value. Before you worry, understand that every home depreciates, whether they are older homes or brand-new homes. Also,...
by Alicia Persson | Mar 29, 2023 | New Construction Homes
Guest Blog by Chris Gauger Are you among the 30 million Americans currently planning on buying a home in 2023? A recent survey conducted by the Harris Poll for Nerdwallet finds the current average American to be quite “optimistic” about their chances of buying a home...