Remove Closing costs Remove New Construction Remove Pre-approval
article thumbnail

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.

article thumbnail

New Home Sales Boom Defying Expectations in a Bumpy Economy

Marco Santarelli

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.

Sales 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

24 Florida Housing Markets Could See Home Prices Drop by Early 2026

Marco Santarelli

Others might be experiencing a slowdown in retiree demand or an increase in new construction finally catching up. Potential for Negotiation: With sellers not holding all the cards, there might be more room to negotiate on price, repairs, or closing costs. It's likely a mix of reasons. It can make or break a deal.

article thumbnail

Homebuying Strategies in Uncertain Times: Expert Q&A

The Mortgage Report

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? How have recent tariffs on construction materials affected the costs of building and maintaining properties? How Much Home Can I Afford? Yes, prices rose about 3.4%

article thumbnail

Trouble for Housing Market as Underwater Mortgages Rise: Crash Alert?

Marco Santarelli

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.

Mortgages 109
article thumbnail

5 Mistakes First-Time Homebuyers Make (and How to Avoid Them)

Marco Santarelli

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.

article thumbnail

The Ultimate Guide to Buying a House in Florida

Redfin

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.