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

Realtor.com

to “Purchase before X date, and we’ll pay all of your closing costs.”. Homebuilders may offer incentives at any stage of the project’s development. Many happen at the initial launch to help generate buzz for a new community and get the first few residents on board. ” How financial incentives with builders work.

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Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

Total sales (closed) during July increased 35.4 Data released by Naples Area Board of REALTORS®, which tracks home listings and sales within Collier County (excluding Marco Island), showed that overall closed sales in March increased 15.8 percent to 1,148 closed sales compared to 991 closed sales in March 2019.

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Now we’re looking at a certain economic downturn due to the government’s choice to close the vast majority of businesses, nearly killing the service economy. The 30-year fixed-rate averaged 3.57% in the first quarter of 2020, down from 4.62% one year ago. The current 30-year fixed-rate is averaged 3.15%.

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Orlando Real Estate Market & Investment Overview 2020

Marco Santarelli

In July, the total closed sales amounted to 3,679, up 1.4% On the other hand, home prices continued to rise in May as closings and inventory fell. New contracts are up 8.2% year over year, and new listings are up 3.6%. The average interest rate paid by Orlando homebuyers in July was 2.97%, down from 3.04% the month prior.

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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

July 2020 was a very active month for closings, up almost 13% compared with July 2019. This increase in new listings appears to be setting in for the long run, which is a little bit of good news for buyers. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%.

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Closed sales increased by 34.9 of the closings for the month of July were on the market 30 days or less, in June this number was at 59.1% 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.

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Los Angeles Real Estate Market & Investment Overview 2020

Marco Santarelli

over the previous year, according to the latest available data from the closely watched S&P CoreLogic Case-Shiller index. 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.

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