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Category: New Construction

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The Latest Builder Trend: Smaller, Less Expensive Homes

Written by Key Largo Mortgage Syndicated User on . Posted in Affordability, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates, New Construction.

Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you’re worried about finding a home that’s right for your budget.  Builders Are Building Smaller Homes  During the pandemic, homebuyers were looking for larger homes—and many could afford them. Builders responded to that demand and created bigger spaces to help people with things like working from home, setting up home gyms,...

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Where Will You Go After You Sell?

Written by Key Largo Mortgage Syndicated User on . Posted in Affordability, For Buyers, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates, New Construction.

If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. It’s true for newly built homes too.  So how do you decide which route to go? Do you buy an existing home or a brand-new one? The choice is yours – you just need to figure out what’s most important to you. Perks of a Newly Built Home Here are some benefits of buying a newly built home right now: Have brand new everything with never-been-used...

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The Top 2 Reasons To Consider a Newly Built Home

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Tips, First-Time Buyers, For Buyers, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates, New Construction.

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...

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Why Having Your Own Agent Matters When Buying a New Construction Home

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates, New Construction.

Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you. But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation...

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