Friday, August 16, 2024 / by Joyce Dungca
Some Highlights
The housing market is in a transition. And that gives you 3 key opportunities going into the fall.
There are more homes actively for sale. Builders are motivated to sell, so a newly built home may be more achievable than you think. And mortgage rates have come down from their recent peak.
If you’re ready and able to buy, you may find the housing market this fall a bit easier to navigate. Let’s connect to get started.? ...
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team raj jaggi, buyers, sellers, mortgage rates, newly built homes
Tuesday, May 21, 2024 / by Joyce Dungca
If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner).
Newly Built Homes Need Less Upfront Maintenance
If you can afford it, you may find a newly built home could help ease your worries about maintenance costs. Think about it, if everything in the house is brand new, it won’t have the wear and tear you may see in an existing home – and that means it’s less likely to need repairs. As LendingTree says:
“Since the systems, appliances, roof and foundation are new, you’re less likely to pay for major or minor repairs within the first few years of homeownership. That can make a big difference for first-time homebuyers who are adjusting to owning rather than renting.”
Plus, many builders al. ...
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team raj jaggi, buyers, sellers, homeownership, new home construction, newly built homes
Thursday, May 9, 2024 / by Joyce Dungca
When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you want to buy a newly built home, you may not have pictured new home construction.
A trusted real estate agent can help walk you through these two reasons you may want to reconsider that.
1. Adding Newly Built Homes Could Give You More Options
There are two types of homes on the market: new and existing. A newly built home refers to a house that was just built or is under construction. An existing home is one a previous homeowner has already lived in. Right now, the inventory of existing homes is tight. But there may be options for you on the new home side of things.
Data from the Census and the National Association of Realtors (NAR) shows that newly built homes are a bigger pa. ...
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team raj jaggi, buyers, sellers, housing market, newly built homes
