Do not rule out a new house for fear that it will cost twice as much as a re-sale. There are a ton of lots on the market almost everywhere that are CHEAP. Builders have bought up a lot of lots at very low prices in order to be competitive with re-sales. The cost of construction is down over previous years and if you are looking at buying a home and living there 20 years, you may want to get it just like you want it in the beginning as opposed to making changes to the bargain house over the next several years. The attached article speaks to the rise in September of new home sales.
http://rismedia.com/2011-10-20/housing-starts-surge-in-september/
Rember, if you have thoughts you want to share with others reading the BLOG just write a comment. Have a great week!
I want to see your new homes. Because I'm planning to buy one for my son, and hopefully you can offer me a big discount on it. Thank you so much for sharing this one.
ReplyDeleteKB Homes.com