Marco Santarelli

JUNE 12, 2025

Some areas, particularly those with a lot of new construction, are seeing builders reduce prices. The housing shortage will likely ease gradually as more new construction comes online. In markets with rising inventory, don't hesitate to work closely with a real estate agent to negotiate effectively.

Equity

Norada Real Estate

JUNE 14, 2025

I get it – I've seen firsthand how tricky the real estate world can be as an investor and someone who's closely followed market trends for years. The main reason is a wave of new construction. A large number of housing unit approvals means that there's a constant supply of new homes hitting the market.

Marketing

Marco Santarelli

MAY 13, 2025

of sales are closing above the list price, while a hefty 65.1% Supply and Demand Imbalances: Sometimes, a rush of new construction (perhaps during a boom period) can lead to an oversupply of homes if demand doesn't keep pace. This figure is actually down 1.4% Interestingly, only 14.4% are selling for under the asking price.

Marketing

Marco Santarelli

JULY 4, 2025

As someone who's closely followed the real estate market for years, seeing families lose their homes and livelihoods was truly heartbreaking. Subprime Lending Gone Wild: Banks handed out mortgages like candy without enough due diligence. Let's delve into the data, dissect the trends, and see what 2025 might hold.

Marketing

McKissock

JANUARY 11, 2022

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Final inspection.

New Construction

Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We ended up touring three or four other new constructions in different areas of town, just to do some due diligence.

New Construction

HomeLight

APRIL 13, 2023

However, there’s another set of fees and charges you must be prepared for, and those are closing costs. According to ClosingCorp, which provides real estate closing cost data for the mortgage industry, closing costs in Florida, including transfer taxes, average 2.3% Find a Buyer's Agent What are closing costs?

Closing costs

HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

New Construction

Marco Santarelli

DECEMBER 13, 2024

These areas are attracting buyers due to a mix of factors like affordability, new construction, and a diverse population, making them attractive for those looking to invest in real estate. Many cities are experiencing a steady influx of new residents due to their attractive climate, job opportunities, and overall lifestyle.

Marketing

HomeLight

OCTOBER 15, 2020

Georgia real estate contracts include a due diligence period, typically lasting between 10 and 14 days, so if you’re worried about losing out on a house in a hot market, you can make an offer and take your test drive during due diligence. If you want a close-in suburb. Gray is the go-to interior paint color.

Due diligence

HomeLight

MAY 28, 2021

Many new construction homes come with a home warranty from the builder. That’s why due diligence on the part of a homebuyer is vital. Look closely at your inspection. Check for new homebuilder laws in your area. Sometimes there is a deductible or service fee involved. Source: (Emmanuel Ikwuegbu / Unsplash).

Inspection contingency

HomeLight

DECEMBER 30, 2021

Gaining an early understanding of the legal documents for buying a house will help you avoid confusion and keep stress levels to a minimum while you’re in the midst of negotiations , inspections , and closing. This is why it’s so important to have a thorough home inspection conducted during the due diligence period of your purchase agreement.

Purchase and sale agreement

The Close

MAY 24, 2024

Check out The Close contributor, Tracey “The Safety Lady” Hawkins. Due diligence is necessary when dealing with cyberattacks, identity theft, and deepfakes using AI to trick agents and consumers. Construction Site Safety Wear a hard hat, safety goggles, and a reflective vest at construction sites.

Agents

HomeLight

JULY 31, 2021

Several areas are undergoing major revitalization, particularly close to the downtown area. In particular, as a San Antonio investor Dickout is seeing a surge of new builds on the Northwest side of San Antonio, which can pose a challenge for sellers of existing homes. The buyer and seller sign the closing documents. “In

Investor

Propmodo

SEPTEMBER 25, 2024

In late May, the company reached a non-binding agreement with Consigli Construction Co. According to Landlease’s earnings report, the transaction is going through due diligence and negotiations. The deal was confirmed in June, and Lendlease will take development exclusivity over the site, subject to a due diligence period.

Due diligence

HomeLight

MARCH 13, 2023

Receive your offer within a week and close in as little as 10 days. New construction surge contributing to competition for buyers. When you work with a reputable cash home buyer in Austin, you’re likely going to appreciate a smooth experience from offer to close. The buyer and seller sign the closing documents.

Sales

HomeLight

SEPTEMBER 24, 2022

New construction is offered at Cadence at Bainbridge and Cadence at Century Farm in Meridian. Health care providers close by include St. Pharmacies and grocery stores are close by while a quick drive to downtown Coeur d’Alene offers shopping, dining, and entertainment. Closing and other transactional costs.

Land lease

Marco Santarelli

DECEMBER 12, 2024

The South and West have emerged as prominent locations for new construction, which helps boost inventory levels. The increase in inventory is partly due to new construction, which has been actively responding to the demand for more homes. However, new construction isn't the only driver of improved inventory.

Marketing

Redfin

JANUARY 6, 2021

It’s important to note that construction-related loans may be slightly harder to secure than a traditional mortgage. FHA first-time homebuyer loans are limited as well for new construction, so those without a strong credit history are advised to do research to ensure adequate financing is available. Plan Your Home.

Construction

Marco Santarelli

AUGUST 21, 2020

percent of close sales were distressed sales. According to the data released by the Miami Association of Realtors, the number of closed sales for single-family homes dropped by nearly 6% in July 2020 compared to a year earlier. During that same 12-month reporting period, closed sales fell by 0.70% in Broward County.

Marketing

Norada Real Estate

FEBRUARY 21, 2022

Imagine this – After you make the down payment and pay all closing costs, the renter pays off your mortgage. However, it requires due diligence, on your part, to ensure you get the best return on your investment. A good rental property is fully refurbished or a new construction residential property.

Purchase and sale agreement

Marco Santarelli

JULY 21, 2024

Notably: Increased Housing Supply : The influx of new construction will afford buyers a wider selection of options at potentially lowered prices. Gerli emphasizes the necessity for: Patience and Research : Prospective buyers must do due diligence in understanding market trends and economic indicators.

Due diligence

Marco Santarelli

AUGUST 17, 2020

Instead, we’re going to focus on the best real estate websites that make it easier to perform due diligence when researching properties and simplify the process of finding, vetting, and managing tenants. Zillow Closing Services, Zillow’s affiliated title, and escrow provider offer title and closing services.

Purchase and sale agreement

Redfin

MARCH 18, 2021

However, savvy buyers will do their due diligence by scheduling specialty home inspections, especially if the house is older or has specific features. A chimney inspection can alert you of any potential problems in the firebox or flue, buildup, or blockages that you can bring to the homeowners to fix before closing on the home.

Inspection

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Navigate to Zillow.

MLS

Redfin

JULY 27, 2023

You’ll also need to have some additional funds saved for a down payment, closing costs, home insurance, and other expenses that go into buying a home. Do you want a new construction home or an older property with character? Local laws: North Carolina has due diligence and is a buyer beware state.

Equity

HomeLight

MARCH 24, 2023

Noteworthy nearby amenities or attractions: With Lakeside Village close by, residents have easy access to shopping, movies, and eateries. Solivita Website: solivitasales.com Phone number: 407-414-8514 Location: Kissimmee Price range: Low $200s to mid $700s About: Solivita is a gated 55+ community offering both resales and new construction.

Land

Marco Santarelli

FEBRUARY 21, 2025

As someone who's been following the housing market closely for years, I've learned that it's rarely ever a straightforward story. Slightly Longer Time to Decide: Homes staying on the market for a bit longer (41 days on average) gives buyers a little more time to consider their options and conduct due diligence.

Sales

Marco Santarelli

AUGUST 18, 2020

They'll have to rebuild after they've liquidated a closed business and find a job with which to pay the bills. Many variables could potentially impact the value of a home in Boston in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments.

Marketing

AAOA

FEBRUARY 20, 2025

It is important to monitor interest rate movements closely and assess their potential implications on cash flow and property performance. In the real estate cycle, you’ll seeExpansionfirst, where rental income rises due to high demand and new construction.

Property Management

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

Construction

HomeLight

OCTOBER 17, 2022

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with.

Purchase and sale agreement

HomeLight

APRIL 14, 2023

Using the information you provide about your home along with local neighborhood data, we’ll get you a no-obligation cash offer that will allow you to close in as little as 10 days. Receive your offer within a week and close in as little as 10 days. HomeLight Simple Sale closing, for example, can take as little as 10 days.

Sales

HomeLight

AUGUST 9, 2022

To make a long story very short, your down payment is officially due at the time of closing. So the down payment is due at closing? Down payments are always due at the time of closing,” says Jeremy Larsen , a Dallas -based real estate agent with 13 years of experience. Jeremy Larsen. Real Estate Agent.

Earnest money deposit

Lighter Side of Real Estate

FEBRUARY 2, 2024

The reason so many people in the industry preach working with sellers is because you can work with a lot more of them at a time, they typically take less actual work and time, and you have much higher odds that your time and effort will end up in a closing. A guide about the importance of hiring an agent when buying new construction.

Agents

HomeLight

JULY 25, 2022

We’re gonna talk about due diligence. Matt: So, as you’re scouting potential partners for this kind of arrangement, what kind of due diligence are you doing on them and their business? Uh, you know, his business was very, very good about getting new leads in the door and getting them closed.

Agents

Housing Wire

APRIL 23, 2025

They care more about how much money theyll make when they close than how the buyer is paying for the house. As part of your due diligence, have conversations with the listing agent before submitting an offer and ask how they feel about it. ” “When would the sellers like to close?”

Inspection contingency