If you're in the market for a new home, you may have taken a look at a model home in a new development. Your agent probably walked you through a stunning unit with a big, open floor plan, attractive bonus features, an ideal backyard, and top-tier appliances.
The new home construction rollercoaster continued in May with housing starts bouncing back up after falling in April, but a lack of available building materials could soon lead to a protracted decline in homebuilding.
Over the last 16 months, people's attitudes towards where they live have shifted dramatically, driven by the rise of remote work. For many, gone are the days of living in the bustling metropolis. Instead, they are drawn to more land and more home for their money in the outlying areas. And that's exactly where homebuilders are building more homes.
Building codes are the legal regulations that govern the design, construction, alteration, and maintenance of a structure or dwelling—including residential, commercial, and agricultural, as well as schools, churches, and garages.
Each builder may offer different incentives, according to their unique business model or method of operation, but you can expect builder incentives to comprise one or a combination of three categories: price cuts, financial inducements, and material upgrades.
Here are the benefits of purchasing a newly constructed property.
Financing a new home construction is dramatically different than financing the purchase of an existing home.
New home construction is starting to boom again. Here is why buying a new construction home might appeal to you.
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