When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. In the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams.
An added bonus is that builders are very aware of buyer demand in this segment, so they’re now building in a price range where there are more interested buyers.
According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB),
“The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.”
This is great news for homebuyers because it means there is additional inventory coming to the market, giving buyers more choices.
(excerpt credit -KCM, 12/4/19)
If you’re thinking of buying a home, you may want to consider a new build to meet your family’s needs. Don't go it alone. Work with your realtor to discuss the process and review what’s available.