Marco Santarelli

APRIL 4, 2025

Increased Construction Costs: Tariffs on materials like steel and lumber can significantly increase the cost of building new homes. One study even suggested that existing tariffs could increase new-home construction costs by 4 to 6 percent. Do Your Due Diligence: Research the local housing market in your area.

Mortgages

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. Take your time, do your due diligence, and make an informed decision that aligns with your individual circumstances and aspirations.

Equity

Norada Real Estate

JUNE 14, 2025

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. People who want to customize are attracted towards new construction in Cape Coral. At over 20%, it overshadows many other areas in the U.S.

Marketing

Marco Santarelli

MAY 13, 2025

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. Due Diligence is Key: Scrutinize the local job market, understand why prices are falling, and get a thorough home inspection.

Marketing

The Living Room

MAY 23, 2025

Also, if you’re buying a new construction home with a builder’s warranty, an additional home warranty might be unnecessary. Doing Your Due Diligence It’s essential to do your due diligence when considering a home warranty. Review example plans and understand what each warranty covers.

Due diligence

Marco Santarelli

JULY 4, 2025

Subprime Lending Gone Wild: Banks handed out mortgages like candy without enough due diligence. Excess Inventory: Both new constructions and existing homes hitting the market after Hurricane Ian have resulted in a glut of supply. Many were naive. People were offered money at every turn.

Marketing

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

Due diligence

HomeLight

JULY 19, 2024

You’re buying a house, and this time, you’re going to be the very first household to occupy this space; it’s brand-new construction. Now you’re asking yourself: Do you really need to hire a real estate agent for a new construction home? Work with a top agent to help ensure you’re finding a great new home.

New Construction

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

HomeLight

JULY 22, 2024

Clearly, you’d do your due diligence on its condition before you commit to purchasing it at a given price. However, that decision might not seem as obvious when you’re buying a brand new house : should you get a new construction home 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

Realtor.com

NOVEMBER 30, 2021

No matter your location, the key to any successful new home building project is having approved house building permits, a process that can take a long time in some areas. The biggest obstacles to obtaining a new home permit are poor due diligence, neighbors who oppose construction, and a backlog at the building department.

Construction

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. Homes that are updated and move-in ready are in high demand.

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. Check for new homebuilder laws in your area. Sometimes there is a deductible or service fee involved. Source: (Emmanuel Ikwuegbu / Unsplash).

Inspection contingency

Realty Biz

NOVEMBER 1, 2021

chernovteam Pacific Palisades new construction ! Due diligence goes a long way, but how do you do it on an infant social network? @bridgettemhdz How to get the best deal during this time #dallasapartments #dallasrealestate #texasrealestate #dallaslovelist ? original sound – bridgettemhdz. chernovteam.

Due diligence

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

Marco Santarelli

MARCH 10, 2023

to $297,000, with the new construction segment seeing the most significant price gain of 14.3% The new construction segment saw the most significant gain in inventory, increasing by 17.6%. This increase will likely be higher than the national average, as the city's economy continues to grow and attract new residents.

Marketing

The Close

MAY 24, 2024

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. Dress for safety when showing a fixer-upper or new construction.

Agents

Redfin

AUGUST 23, 2023

Michael Hazlett of Clarity Property Inspections recommends getting a home inspection even if the home is brand new. You absolutely should have any newly purchased house inspected, even if it’s brand new,” says Michael.“We We find significant issues even in new construction.”

Inspection

Marco Santarelli

MAY 27, 2025

Conversely, a falling vacancy rate, like what we're seeing in Kansas City, signifies that demand for housing is increasing faster than new construction. For investors prioritizing immediate cash flow and willing to do their due diligence on specific neighborhoods, Memphis can offer compelling returns.

Investor

HomeLight

JULY 31, 2021

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 amount of new construction may create a challenge for some sellers, particularly if their property needs some work.

Investor

HomeLight

AUGUST 24, 2020

In addition, he also does land development, new construction , and even small retail investments. Whichever type of investment you decide to pursue, you owe it to yourself to do your due diligence and research your options. In his case, he has a single small four-unit hotel that’s on Airbnb.

Investor

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

Louisville Homes

SEPTEMBER 9, 2022

Even with new construction , it always pays for a buyer to have their own Realtor. Buying a house is a huge investment, so you should never go into it without doing your due diligence. Team Up with a Realtor. Finding a professional local agent to work with you is essential. Research and Analysis.

Due diligence

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.

Construction

HomeLight

DECEMBER 30, 2021

This is why it’s so important to have a thorough home inspection conducted during the due diligence period of your purchase agreement. This legal document is the key to buying your new home! New construction documents. Purchase agreement. In other words, the house is certifiably up to code and safe to inhabit.

Purchase and sale agreement

HomeLight

APRIL 13, 2023

to 1% of sale ) – Credit report $75 Home inspection The buyer usually orders the home inspection and pays for it during the due diligence period, so it doesn’t appear on a closing statement $450 Wood Destroying Organism inspection Typically only required for a VA loan but highly recommended in Florida.

Closing costs

Redfin

OCTOBER 3, 2023

Even in new construction, hidden issues may be present, which could cause damage to your personal property. However, it’s important to note that many buyers may request an inspection as part of their due diligence before purchasing a property.

Inspection

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). iBuyers see opportunity in Austin.

Sales

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

HomeLight

SEPTEMBER 24, 2022

New construction is offered at Cadence at Bainbridge and Cadence at Century Farm in Meridian. Your due diligence should include finding out if there is sufficient infrastructure in place, careful planning, and ample space to allow for future expansion while maintaining the neighborhood’s relaxing ambience.

Land lease

Redfin

JULY 27, 2023

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. These are factors that are a real adjustment for someone moving from different areas or are new to buying a home. Are you looking for more space or a big backyard?

Equity

Norada Real Estate

FEBRUARY 21, 2022

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. The other advantage is that you start earning a return on your capital investment immediately in the form of rent.

Purchase and sale agreement

Redfin

MARCH 15, 2021

While you can’t control whether your region is in a seller’s or buyer’s market, do your due diligence by speaking with an experienced real estate agent to better understand the current market. This is especially important if your home is older and going up against new construction in your neighborhood.

Inspection

Marco Santarelli

MAY 28, 2025

Conversely, a falling vacancy rate, like what we're seeing in Kansas City, signifies that demand for housing is increasing faster than new construction. For investors prioritizing immediate cash flow and willing to do their due diligence on specific neighborhoods, Memphis can offer compelling returns.

Investor