Struggling To Find a Home To Buy? New Construction May Be an Option.

Keeping Current Matters

With so few homes available to buy right now, you might be considering building a new home as one of your options. First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new home, you’ll be able to: 1. Have brand new everything.

Should You Buy an Existing Home or New Construction?

Keeping Current Matters

With so few homes for sale and construction of newly built homes ramping up , you may be wondering if you should consider new construction in your search process. New Construction . When buying a new home, you can often choose more energy-efficient options.

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Appraising New Construction: Guidance for Follow-Up Inspections

McKissock

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. Inspection during construction. Related Reading: 6 Tips for Appraising New Construction Homes.

New Construction Pros and Cons: Advantages and Disadvantages

Louisville Homes

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons.

Just Sold: New Construction in Cedar Mill

The Living Room

The post Just Sold: New Construction in Cedar Mill appeared first on Living Room Realty. Cedar Mills New Construction Stories11625 NW Kearney St. Portland, OR 97229. Sold 12/15/2021 903,801.

Is a New Construction Home Inspection Needed?

Maximum Exposure Real Estate

Should You Hire a Home Inspector For a New House? Should you get a new construction home inspection? The post Is a New Construction Home Inspection Needed? When you buy an existing home, a home inspection isn’t a difficult decision.

Scandinavian Modern Farmhouse – New Construction

The Living Room

Newly constructed, professionally designed, and meticulously built. The post Scandinavian Modern Farmhouse – New Construction appeared first on Living Room Realty. Listings New Construction5011 SE Steele Street Portland, OR 97206.

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?

Home Buyers’ Preferences Shift Towards New Construction

Eye on Housing

In other words, all else equal, their first preference would be to purchase a new home. Looking at historical data shows a clear shift in preferences towards new construction in 2020.

Troutdale Columbia Ridge New Construction

The Living Room

What fun it is to be a buyers agent for a client that gets into a new construction opportunity early enough to be able to pick out colors and finishes throughout. The post Troutdale Columbia Ridge New Construction appeared first on Living Room Realty.

New Construction Love

The Living Room

They were more interested in a higher level of finish than a big yard so we found some really great new construction options for them. I know older homes have their charm but there are some damn fine new construction homes out there.

Just Sold: Woodburn New Construction for First Time Homebuyers

The Living Room

They were due in November, so we hoped to be in contract on something before their new daughter came. We finally came across some new homes that were under construction in the Woodburn area. There were 3 properties all under construction, all for sale, with 1 of them pending.

High Prices Continue to Reduce Interest for New Construction

Eyes on Housing

The onset of COVID-19 propelled that share up to 42% by the final quarter of 2020, but strong gains in new home prices have driven it down for the last three quarters, reaching 32% in the third quarter of 2021.

Buying a New Construction Home

American Lifestyle

The post Buying a New Construction Home appeared first on American Lifestyle Magazine. Buying & Selling Finance Financial Advice Home Advice Home Buying Home Loan Real Estate Real Estate Agent Refinancing

New Construction Offers Opportunity

The Living Room

For some of my clients, it has caused them to reframe their goals for purchasing a home, and some have begun to look for new construction in the various new communities that are popping up outside of Portland.

10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new?

21 Questions to Ask a Home Builder When Buying New Construction

Maximum Exposure Real Estate

The possibility of owning a brand new home has obvious appeal. Many new home buyers can get the home customized, making the property even more desirable. Additionally, with a new home, you don’t have to worry about all the […].

15 New Construction Home Buying Tips: How To Buy a New House

Maximum Exposure Real Estate

What to Know About Buying New Construction Homes Are you thinking about buying new construction? The idea of buying a brand new house is appealing to many homebuyers. However, buying a newly constructed home isn’t the same as […].

New Construction with Space for Mom

The Living Room

There was a community of new construction homes in Forest Grove that caught their eye. We got an offer in right away and they secured their new home. The post New Construction with Space for Mom appeared first on Living Room Realty.

More Buyers Are Specifically Looking for New Construction

Eye on Housing

A year earlier, in the first quarter of 2020, only 24% of buyers reported a preference for new homes, while 40% were looking. A recent post revealed that 16% of adults are planning a home purchase in the next 12 months.

Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels, Rising 10% in July

Redfin

A surge in homebuilding before the pandemic is now driving growth in new-home sales. Meanwhile, the supply of new-construction homes for sale slid 28.4%, representing the largest drop since at least 2013, when Redfin began recording this data.

New Construction and Developments Heat Up in South Florida

Coldwell Banker

The post New Construction and Developments Heat Up in South Florida appeared first on Coldwell Banker Blue Matter.

New-Construction Home Listings Drop 4% in August, Reversing Course From July’s Rebound

Redfin

The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders. New listings of newly-built homes dropped 4.1% Meanwhile, new listings of existing homes grew 5.2%. There’s plenty of demand for new homes, but builders are facing a unique and costly set of hurdles as they attempt to satisfy that demand,” said Redfin chief economist Daryl Fairweather.

What is Covered Under a Builder Warranty in New Construction Homes?

Realty Biz

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty.

Just Sold in Vancouver WA New construction for only $409,900

The Living Room

The post Just Sold in Vancouver WA New construction for only $409,900 appeared first on Living Room Realty. Cute and modern 3 bedrooms 2 and a hall bathrooms, bonus room and 2 car garage with 1790 sqft. MLS# 20611907 Please give me a call for you next home. Thank you.

Looking for New Construction? Here’s What to Keep in Mind

American Lifestyle

The post Looking for New Construction? Buying & Selling Closing Construction Finance Tips Home Advice Home Building Home Buying Home Selling Housing Market Mortgage Real Estate Real Estate Agent Real Estate Tips Refinancing Second Home Selling

Affordable housing vacancy drops, and rents are climbing

Housing Wire

nationwide in the second quarter of 2021, a decrease of.01% from the first quarter, according to Moody’s Analytics REIS , New York. During the second quarter 4,500 completed new builds came to market, increasing the affordable housing inventory by 0.4%.

The Most Luxurious New Construction Condo Developments in the U.S. Right Now

Realty Biz

Residential construction in the U.S. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these high-profile developments: 1000M – Chicago, IL.

Is New Construction for You?

Luxury Real Estate Blog

As growth in the Wasatch Back continues to boom, developments in Summit and Wasatch counties are creating opportunities for homeowners who prefer new construction and the opportunity to customize their home, without the steep architect fee.

Zillow launches consumer-generated builder review feature

Housing Wire

Buyer-generated content, including consumer reviews of builders, is now available on Zillow and will be viewable on builder profiles, community pages and paid new construction listings.

Most single women households say homeownership out of reach

Housing Wire

But builders are making fewer of them: four-bedroom homes that account for 44% of all new construction, compared to 29% in 1990, per the U.S. Census Bureau ’s Survey of Construction.

Canadian Existing Home Prices Are Rising Twice As Fast As New Construction

Better Dwelling

Both new and existing home prices increased very quickly. However, existing home prices grew at twice the rate of new homes. The post Canadian Existing Home Prices Are Rising Twice As Fast As New Construction appeared first on Better Dwelling.

Do You Need a Realtor for New Construction? Here’s Everything to Know

Realtor.com

Do you need a Realtor for new construction? Good question: Here's everything you should know about using a Realtor for new construction. The post Do You Need a Realtor for New Construction? Buy first-time home buyer home builders home building home buying home inspections new home builder new home construction real estate agent updatesHere’s Everything to Know appeared first on Real Estate News & Insights | realtor.com®.

How New Construction Homes Are Helping Ease the Housing Shortage

Homes.com

As low-interest rates and high demand plague a housing shortage for first-time homebuyers, the one thing changing the game is the increased popularity of new construction homes. The post How New Construction Homes Are Helping Ease the Housing Shortage appeared first on Homes.com.

Offerpad expands services through homebuilder partner

Housing Wire

This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market.

Top 4 Things to Consider When Buying a New Construction Home

The Living Room

Yes… Strong, the pull of new construction is. Buyers are willing to spend more money on brand new homes, compared to what the market generally seems to bear for very similar re-sale homes. There is just something so powerful about buying a home that is cosmetically on-trend, sparkly new, and touched only by the skilled hands of a construction worker! But, there are many factors to take into consideration when considering the purchase of a new home.

Three Ways to Protect Yourself When Buying New Construction

Luxury Real Estate Blog

When you’re looking to purchase a brand-new home, it’s wise to hire a real estate broker as your trusted advisor. When I was actively selling real estate , I was fortunate to represent many homebuyers when they purchased new construction. Bottom Line for New Construction.