The Top 2 Reasons To Look at Newly Built Homes

When planning your next move, a newly built home might not be your first thought. But with an increase in new builds and builders focusing on affordable options, it could be the perfect way to achieve your homeownership goals.

1. More Newly Built Homes Are Available

The housing market today has two main categories:

• Newly Built Homes: Houses just completed or still under construction.

• Existing Homes: Properties already lived in by previous owners.

The supply of existing homes remains tight, but newly built homes are now a larger share of the market. According to recent data, newly built homes make up 28.8% of total housing inventory, a big jump from the historical average of 13%.

Lawrence Yun, Chief Economist at NAR, explains:

“Even though existing home sales have been stuck at low levels, newly constructed home sales look to mark one of its best annual performances in 15 years.”

This increase means more choices for buyers like you, even though the overall market is still competitive.

2. Newly Built Homes Are Becoming More Affordable

Affordability is a key concern for today’s buyers, and builders are responding by offering smaller, budget-friendly homes. As Realtor.com shares:

“Builders are increasingly bringing smaller, more affordable homes to the market, so buyers may find more newly-built homes that fit their budget.”

This means newly built homes are no longer just a luxury option—they’re becoming a practical and accessible choice for many buyers.

3. The Importance of Having an Agent

Buying a new build isn’t the same as purchasing an existing home. Builders’ contracts often have unique terms and conditions, and working with a knowledgeable local agent ensures:

• You understand the fine print.

• You’re aware of builder reputations.

• You get expert guidance throughout the process.

Bottom Line

With more inventory and growing affordability, a newly built home might be the right option for your next move. Let’s connect today to explore the latest opportunities and find a new build that fits your budget and needs.

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