In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their real estate agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.
People Want Less Expensive Homes – And Builders Are Responding
Posted by Tim Weisheyer on Oct 19, 2023 10:42:27 AM
Topics: Buying a Home, Building a Home, Buying 101, new construction
This week, we're discussing five benefits of building a new construction home vs. buying a home in Central Florida. That Pinterest-inspired home you've been dreaming of could become a reality after reading these five benefits.
Topics: Building a Home, Around Central Florida, Buying 101
National Associated of Home Builders: Home Builder Sentiment Rises to 49 in June
Posted by Tim Weisheyer on Jun 17, 2014 9:00:00 PM
More good news for the Central Florida real estate market as the National Association of Home Builders reported home builder sentiment rises to 49 in June, just one point shy of the threshold for what is considered good building conditions. This increase beats the estimate of 47 and is an indicator that builders are expecting sales to continue to increase in the months ahead as the summer home buying season gets into full swing.
Topics: First Time Home Buyer, Buying a Home, Building a Home, Home Builders