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5 tips for buying a home in a seller’s housing market

Housing Wire

Get pre-approved before beginning your home search. Get pre-approved before beginning your home search. A mortgage pre-approval is non-negotiable in this environment. Waiving a contingency or two can also help, as can a larger earnest money deposit or being flexible with your closing date. .

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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6 strategies to get more from your MLS searches

Housing Wire

Are they out there knocking on doors, sending letters and going to new builds, FSBOs and open houses? Look for new construction, even if your buyers don’t think they will like it. Add one well-selected new home at the end of a search for resale homes just to take their temperature.

MLS 374
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New Construction Buyers: Results from the Zillow Consumer Housing Trends Report 2023

Zillow Market Reports

In this report, we take a deeper look at new construction buyers — household decision makers that own their primary residence and moved to a new construction home they purchased in the past two years. Sampling & Weighting Results from this survey are nationally representative of new construction buyers.

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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

Buyers have heard horror stories on the news, and it’s up to us as real estate professionals to clearly and concisely explain how buyer agents are compensated. The instructions were simple: write down five must-have items in your new home and five things you absolutely do not want. Get pre-approved with a local lender.

Agents 396
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Mortgage rates might soar even higher

Housing Wire

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Mortgage rates have nearly doubled to around 6.5% The median existing house price increased 7.7%

Mortgages 408
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Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.