If you thought that your dreams of buying a new home were out of reach, think again. Today with the values of homes at historic lows and with a wealth of inventory on the market it is a buyer’s market and there is not a better time to buy than now. The best part? In this market you have the opportunity to buy brand new homes for the same price as their older counterparts and for a fraction of what it cost just a few years ago.
Buying a new home has countless advantages. A new home is like a blank canvas, a place where no one else but you has called it home. Plus a new home offers hassle free living that buying an older home does not allow. New homes are virtually maintenance free. When you buy a new home you buy a home that is technologically up to date with features like new appliances, new cabinetry, new roofing, and new plumbing. When you buy new you save countless bills purchasing a home that is more energy efficient, up to date with the most recent safety codes, and often times more green than its older inefficient counterparts.
Imagine not having to spend any money for years fixing anything! When you buy an older home you run the risk of purchasing the home and then having to make countless fixes that add thousands of dollars to your bottom line. When you buy new, what you see is what you get.
What else do new homes offer? Incentives. Sellers want to move their inventory and are offering incentives everywhere. Today you can get extra incentives like upgrades to high end products and materials, new appliances, and even furnishings for your new home. Free incentives mean extra savings for you and your family.
Another feature of new homes is the community they offer. When you buy a new home you are buying into a planned community. New homes often offer planned recreation parks and play areas for your kids, sidewalks for walking, lush landscaped areas, and paths for jogging.
But don’t wait long. If waiting for the market to bottom out is your plan you may miss your opportunity to buy new. No one knows where the bottom is and experts are speculating that we may very well be there.
So what are you waiting for? Take a look at a new home today and start adding up all of the ways that you will save for you and your family.