The 2023 Real Estate market is experiencing a noticeable shift in the nature of home buyers; first-time buyers are apt to be older than in the past, whereas investment buyers tend to be younger. Reluctant to give up low interest rates of under 3 or 4 percent, move-up buyers are much more undecided than in… Read More
New Construction Advantage Discount
Why Long-Time Renters are Buying New Construction
As a long-time renter you often spend years trying to determine whether or not to buy a home and take on a mortgage. In the meantime you are already paying a mortgage… just someone else’s. Worried about the upkeep and repairs that come with homeownership? You’re already paying for those things too, as well as… Read More
Are Privacy and Space the New ‘Open Floorplan’?
The face of home design is changing. In 2022, one of the most sought after features for home buyers is office space. While most children have returned to school full time, many families are still dealing with at least one adult working from home, oftentimes two, with the possibility of permanent remote employment. Combine that… Read More
New Construction Homes in Short Supply as Resale Inventory Remains Low
The battle over resale properties is still raging among home buyers. Once-upon-a-time the New Construction industry would have easily picked up the slack but that isn’t the case in our current Real Estate market. Contractors are encountering a widespread shortage of construction and utility workers, in addition to the infamous supply chain issues that are… Read More
The Great Debate- New Construction or Existing Home
Author: Bill Salvatore The debate has always existed among home buyers- are you better off purchasing an existing home or opting for new construction. Unfortunately there is no right answer, the pros and cons of each change over time to align with Real Estate market conditions. The balanced market might present the simplest choice as… Read More