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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

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Mortgage rates might soar even higher

Housing Wire

We do not see new construction returning in a meaningful way any time soon. Marty Green, principal with mortgage law firm Polunsky Beitel Green , described increasing affordability pressures in the housing market as “throwing cold water on what was a frenzied residential real estate market.”. Kurt Carlton, President of New Western.

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Miami's Latest Pre Construction: St. Regis Sunny Isles

Realty Biz

Fortune International Group and Château Group have successfully reached a utility agreement, enabling the commencement of construction for the St. As the demand for luxury condos in Miami is rising, national and foreign investors are very much interested in purchasing pre-construction condos, and the twin towers of St.

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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial. It is essential to prepare for the mortgage pre-approval process.

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Best Tips When Building a New House

Realty Biz

We will provide the best tips to ensure a smooth construction process. Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. Buying new construction can be exciting but quickly become a nightmare.

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How to Flip a House: A Beginner’s Step-by-Step Guide

Point2Homes

Look for properties in up-and-coming neighborhoods or in residential areas that are in high demand. Ideally, the property should be a modern construction, with three bedrooms and two bathrooms, in the middle to upper price range for the area it’s located in. The first thing you need to scout is a good location. Find Financing.

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Home Appraiser vs. Home Inspector: What’s the Difference When Selling a Home?

HomeLight

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. In addition, the Appraisal Institute offers advanced credentialing such as MAI, SRPA, SRA, AI-GRS, and AI-RRS designations in residential real estate.