Remove As-is Remove Development Remove New Construction Remove Staging
article thumbnail

Could New Construction Help Level Out the Market?

RIS Media

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. For listing agents, these rising home costs are good news. Will the result take immediate effect?

article thumbnail

Opinion: why innovation in a builder matters to homebuyers

Housing Wire

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. They are typically not purchased from a builder or developer. In short, they are considered brand new. This however is not common in today’s market.

article thumbnail

Opinion: How did homeowners get into home equity prison?

Housing Wire

The New York Fed’s Center for Microeconomic Data Quarterly Report on Household Debt and Credit evidences that the total household debt balances grew by $228 billion in the third quarter of 2023 across all types of debt. of outstanding debt was in some stage of delinquency, up by 0.1 What could they ever afford at these prices?

Equity 432
article thumbnail

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

Realtor.com

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. ” How financial incentives with builders work. .

article thumbnail

Become a New Home Construction Expert

The Residential Specialist

The Residential Specialist spoke with three CRSs who have worked with buyers in this sector, primarily with builders/developers (as opposed to an individual architect or custom home builder), and they all have great things to say about making this work for their business. New construction is always seen as much more expensive.