Redfin

MAY 5, 2025

Zoning laws have limited new construction In many regions, WWII-era single-family zoning laws have limited the ability to build enough housing units. Get pre-approved and move quickly when you find the right home. Be flexible on negotiations: Expect buyers to push for inspections, repairs, and price reductions.

Closing costs

Realtor.com

JANUARY 2, 2023

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.

New Construction

Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

New Construction

HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

New Construction

Realtor.com

DECEMBER 8, 2022

Don’t assume a seller will fix every single needed repair found during an inspection. Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt. Buying a New-Construction Home: Pros and Cons All Homebuyers Should Know. Another reality check?

Pre-approval

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

Agents

HomeLight

AUGUST 31, 2021

Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. The key requirements are: The home has to be at least one year old (no new construction). Completed repairs must be inspected by a HUD-approved inspector.

Loans

Realty Biz

SEPTEMBER 23, 2023

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. It is essential to prepare for the mortgage pre-approval process.

Purchase and sale agreement

HomeLight

FEBRUARY 8, 2021

The city of Irvine is famous for its laid-back California Modern homes, breezy Mid-century Modern homes, and a surplus of new construction. Ameerally points out that buyers tend to gravitate toward new construction in the Great Park area. What to expect from the Irvine housing market.

Pre-approval

HomeLight

AUGUST 16, 2022

A Pew Research Center analysis of data from 44 advanced economies found consumer prices have risen substantially in nearly all of those countries since the pre-pandemic era. So, to help you navigate in this new world where everything costs more, we’re arming you with the latest information about: what is causing inflation.

Marketing

Realty Biz

AUGUST 29, 2023

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.

Construction

RIS Media

MARCH 25, 2022

“We are seeing heavy migration patterns from the metro DC/Maryland regions, along the coastal corridor to Northern New England, including Massachusetts, New Hampshire and Vermont,” remarked Masiello. “In New Construction: . Offering a home warranty can help encourage buyers to waive their inspection.

Pre-approval

HomeLight

MAY 28, 2021

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Covered or enclosed patios are typically options with new construction, so if you opt for one, expect adding approximately $30,000 to the purchase price. Source: (Colin Lloyd / Unsplash).

Inspection

Toronto Realty Blog

MARCH 25, 2022

From the article: The housing crisis in the Greater Toronto Area is at risk of threatening one of the provinces’ most profitable sectors: construction, according to a new report by an industry group calling on local governments to make it easier to plan and approve new housing projects. March 23, 2022. municipalities.

Purchase and sale agreement

Marco Santarelli

AUGUST 3, 2024

How to Avoid: Get Pre-Approved for a Mortgage: A pre-approval letter from a lender showcases your financial readiness and provides you with a clear understanding of your borrowing power. How to Avoid: Schedule a Home Inspection: Make a home inspection a non-negotiable part of your buying process.

Closing costs

Louisville Homes

SEPTEMBER 9, 2022

If you plan to get a loan, make sure that you get your pre-approval before you start looking. Even with new construction , it always pays for a buyer to have their own Realtor. Have the Property Inspected Before You Buy It. One of the best pieces of essential real estate advice is to create your plan.

Due diligence

HomeLight

FEBRUARY 28, 2021

We’ve done the deep dive on how much you can expect to pay when you buy a house in Portland, which neighborhoods to focus on, which repairs to be prepared to budget for after your home inspection, and what living in a seaside city means for everything from basement moisture to flood insurance. Source: (Benjamin Rascoe / Unsplash).

Inspection

HomeLight

MARCH 13, 2023

New construction surge contributing to competition for buyers. Certainty: With a pre-offer walk-through, a cash home buyer can typically provide a firm cash offer that comes with few, if any, contingencies. No pre-qualifying for a loan. iBuyers see opportunity in Austin. The buyer and seller sign the closing documents.

Sales

Redfin

APRIL 21, 2023

The state has seen a significant increase in new construction, with builders developing homes in both urban and suburban areas to meet the demand for housing. Get pre-approved from a lender Before you start looking for a house in Florida, you first need to pre-approved for a mortgage.

Pre-approval

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. New York is a fairly walkable city in Queens County with a population of approximately 8,174,290 people. The report compares year-over-year key housing metrics of the “New York City” from June 2020 with June 2019. Recently Sold .

Marketing

HomeLight

NOVEMBER 21, 2022

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Require everything in writing.

Purchase and sale agreement

HomeLight

DECEMBER 14, 2021

has been experiencing a nationwide inventory shortage as the result of new construction hurdles and low interest rates, it’s more likely that you’re in a seller’s market than buyer’s market. You can note that the cost of repairs has been factored into the price, and that inspections are for a buyer’s informational purposes only.

Staging

Redfin

JULY 10, 2023

You’ll need to factor other costs into the equation such as closing costs , home inspection fees , and appraisals , when determining how much house you can afford. Reach out to a few mortgage lenders to get a pre-approval so you can gain insight into your financing options and other costs you may need to consider.

New Construction

Housing Wire

OCTOBER 2, 2024

Make sure your buyers understand the difference between being pre-qualified, pre-approved and loan-committed. In today’s market, having a pre-approval (at the minimum) is a must. Should they consider new construction? Home inspections have become a secondary point of negotiation.

Pre-approval

Dwell Real Estate

JULY 1, 2020

June 2020 15719 SEATON PLACE, BRADENTON Sold By: James Tassell | Built Price: $559,892 New Construction by Lennar/WCI Communities in Country Club East at Lakewood Ranch. 601 17TH AVE E, PALMETTO Sold By: Cathy Loeppke | Built Price: $567,640 New Construction, Correggio Model built by Lennar/ WCI Communities in Sanctuary Cove.

Construction

Marco Santarelli

JULY 29, 2020

Many variables could potentially impact the value of a home in Portland in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. Under potential listings, there are about 5 Foreclosed and 105 Pre-Foreclosure homes. Additionally, there are 180 homes for rent.

Marketing

Housing Wire

JANUARY 10, 2024

Then create your checklist based on these top 10 action items to do before you approve the first showing: 1. Get the home pre-inspected and remedy any items that could wreck the deal later on. Offer a copy of the inspection along with receipts of any recent repairs when you start showing the home.

Inspection

Housing Wire

MARCH 22, 2024

Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount. Do not skip the inspection. If a buyer insists on waiving their inspection, get it in writing.

Agents

Dwell Real Estate

JUNE 7, 2021

New Hot water heater 2020; AC 2015 and Roof 2012; Enjoy a short commute for a day at one of the award winning Gulf Beaches. All inspections completed and move in ready! Home is able to have dock; upon community approval. Please provide pre-approval and POF when submitting offers. 2339 ORANGESIDE RD, PALM HARBOR.

Design

Housing Wire

APRIL 23, 2025

Waive the home inspection contingency I would never actually recommend this strategy as a buyers agent; however, there are some situations where a buyer will insist on waiving their inspection, and it makes sense for them to do so. As agents, its our job to educate our clients about the dangers of not doing a home inspection.

Inspection contingency