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Could New Construction Help Level Out the Market?

RIS Media

If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. The post Could New Construction Help Level Out the Market? Will the result take immediate effect?

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

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. They are typically not purchased from a builder or developer. In short, they are considered brand new. This however is not common in today’s market. for up to two years.

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Opinion: why innovation in a builder matters to homebuyers

Housing Wire

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms.

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

Realtor.com

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Homebuilders may offer incentives at any stage of the project’s development. And that same flexibility exists when buying a newly built home, too, in the form of builder incentives.

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Opinion: How did homeowners get into home equity prison?

Housing Wire

of outstanding debt was in some stage of delinquency, up by 0.1 They can also move to areas that are less established and currently being developed, which means new construction and lower prices for those that purchase in the early phases. As of December 31, 2023, 3.1% percentage point from the third quarter.

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Become a New Home Construction Expert

The Residential Specialist

However, many agents, including CRSs, are finding success in helping buyers manage the purchase of newly constructed homes. For those who want to add these capabilities to their service offerings, it is possible to add new home construction to your portfolio while maintaining your existing business.