These days, many cost-conscious homebuyers are scouring real estate listings for a deal. Some are finding them in an unexpected place: the new construction market.
One-Time Close loans are a game-changer, offering unprecedented flexibility. This is especially valuable for first-time homebuyers who are often faced with a rigid financial landscape.
This article examines how rising construction costs affect new home building and remodeling decisions and how they influence the decisions of both potential homebuyers and existing homeowners.
Could a new build be the best way for you to start your journey to homeownership?
A One-Time Close loan has many benefits for homebuyers, especially those who want to build the home of their dreams themselves.
It's clear that the pandemic drove a change in how people used their houses, with more people using their houses as their offices, home gyms, and more. That shift led a number of people to look for larger houses to accommodate their new normal. And as a result, newly built homes are increasing in size to address that demand.
Single-family home construction is up in 2021, but a new report suggests it could be higher if supply matched demand.
A new report shows that demand bounced back in October.
August saw a rise in new home demand, but September's report shows a decline, suggesting August's increase may have been an outlier.
Over the last few months, new home sales have stemmed the tide that saw sales decline in April, May, and June. But the modest increase seen in July and August's continued improvement doesn't hold a candle to what happened in September.