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What Are Builder Incentives? The Secret to Getting a Deal on a New-Construction Home

Realtor.com

. “You will find these incentives explained on websites, social media, signs, and other places a builder might advertise to the public,” explains Kimberly Mackey , founder of New Homes Solutions and a sales and marketing management consultant specializing in residential homebuilding.

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New Residential Construction Sees Some Volatility in January

RIS Media

The latest January data on new residential construction points to a mostly stable housing market that, in some instances is trending downward, according to the monthly report from the U.S. Key findings: Authorized building permits for housing units were issued at a seasonally adjusted rate of 1,899,000.

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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

Particularly, previously-owned single-family houses compromise the majority of residential sales in the Arizona real estate market- approximately 80% of all sales. Annually, the number of previously-owned single-family homes are three to four times greater than new single-family home sales. the first week of August. year-over-year.

Marketing 135
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Orlando Real Estate Market & Investment Overview 2020

Marco Santarelli

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 126
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Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88% in the first week of August. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 105
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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing 128
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Los Angeles Real Estate Market & Investment Overview 2020

Marco Santarelli

Last week, the average rate on 30-year fixed-rate mortgages dipped below 3% for the first time on record and this week stood at 3.01%, down from 3.75% a year ago, according to Freddie Mac. Construction Isn’t Meeting Housing Demand in LA. The Los Angeles housing market has seen a bump in residential construction.

Marketing 139