Aiming to buy a new home this 2016? Buying a home is a rigorous process that involves money, time, and tough decisions. If you're aiming to purchase a home now, why not try new home constructions as an option? If the long wait is the reason that stops you to consider this home, check out the details on why this could be one of the best choices.
1. It's Totally Brand New and May Come in with Discounts
Definitely these houses didn't rise up on the ground in the 1800s or 30 years ago, these houses are made brand new and you might even be the first lucky owner to live in the house.
The other advantages seen with newly-built homes are the updated plumbing and electrical systems. Usually in fixer-upper homes, these are the main problems that new homeowners face and even cost them a lot more to fix. Excluding these maintenance problems, a new home is a great value to your home budget.
Plus, Houston Chronicle even shared that new construction homes are even sold in discounted prices and valuable perks.
"After rushing to build houses for an influx of workers flush with cash from the energy boom, some builders are now discounting prices and offering generous specials to those still shopping for homes," based on the article. "Others are buying fewer lots and trying to negotiate better deals from land owners who had been getting top-of-the-market prices when crude was at $100 a barrel."
2. Many Options to Choose From
Although there was an evident decrease in the construction of newly constructed homes, the "experts" in the field are seeing potential that the real estate economy will soon pick up its pace and eventually, build more homes, according to Realtor.
Chief Economist of Realtor Jonathan Smoke even said that "This will be another year of growth in new building construction. There will be more opportunities to buy new homes."
