Where will you go if you sell? Newly built homes could be the answer.
You want to sell your home, but you hesitate because you are worried that you won’t find a new home on the market today. There’s good news for you. You’re not the only one who worries about this. As the data shows, new homes now account for 31% of all homes for sale. In the last two decades, newly constructed homes have made up only 13% of the total housing inventory. This is more than twice the average. When there is a limited supply, you should explore all your options. With an increasing inventory, new-home construction is a game changer. Robert Dietz, Chief economist at the National Association of Home Builders, highlights the importance of newly constructed homes for those who are looking to purchase in today’s market. Dietz says: “With limited housing inventory, new construction is likely to continue to be an important part of the search for prospective buyers in the quarters to come.” Don’t overlook this expanding market segment and miss out on opportunities to find your dream home. New home construction makes up 31% of the total available inventory. If you don’t look at newly built homes, you may be excluding nearly one third of your options. A local real estate agent will help you sell your house and look at newly built options available in your area if you are looking to move. They can help you with both sides of the process, so you can move into your new dream home. Contact a real estate agent you trust to guide you through the buying and selling process.
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