Closing costs New Construction Pre-approval 
HomeLight
JUNE 27, 2022
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.
Marco Santarelli
APRIL 23, 2025
Let's dive into the details and understand why this is happening, and what it means for you, whether you're a buyer, seller, or just curious about the new construction home market. New Home Sales Boom Defying Expectations in a Bumpy Economy A Surprising Surge in Sales The numbers don't lie.
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Marco Santarelli
MAY 11, 2024
Local factors like job markets, industry presence, and the pace of new construction can significantly influence housing trends within a particular state or even a metropolitan area. Additionally, programs that assist first-time homebuyers with down payments or closing costs can make homeownership a more attainable goal.
Marco Santarelli
AUGUST 3, 2024
Many first-time buyers underestimate the true cost of homeownership, overlooking the hidden expenses beyond the mortgage payment. Common Mistakes: Not Calculating the Total Cost: Ignoring closing costs, property taxes, homeowners insurance, maintenance expenses, and potential unexpected repairs can lead to financial strain down the line.
Redfin
APRIL 21, 2023
The state has seen a significant increase in new construction, with builders developing homes in both urban and suburban areas to meet the demand for housing. Get pre-approved from a lender Before you start looking for a house in Florida, you first need to pre-approved for a mortgage.
HomeLight
MARCH 21, 2023
But prices tend to be lower and buyers can often get eager sellers to offer concessions , such as covering closing costs. In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January.
Marco Santarelli
APRIL 24, 2025
Redfin's data breaks it down pretty well: The South: In many Southern markets, there's been a surge in new construction and investor activity. Motivated Sellers: With homes sitting on the market longer, some sellers are becoming more willing to offer price reductions, credits, or help with closing costs.
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