3 Advantages of Buying a Newly Built Home Today

3 Advantages of Buying a Newly Built Home Today - Infographic highlighting three benefits of buying a newly constructed home: (1) More options—1 in 5 homes on the market are new builds, (2) Better pricing—38% of builders cut prices in July, and (3) Lower mortgage rates—newly built homes typically offer rates about 0.5% lower than existing homes due to builder incentives. Includes a chart showing average 30-year mortgage rates by home type from 2015–2024. Sources: Census, NAHB, NAR, Realtor.com. Realtor contact information included at the bottom.

Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes. There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get lower rates in this market thanks to the incentives builders can offer. Let’s connect if you want to see the new builds available in and around our area.

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