New Build or Existing Home: Which One Is Right for You?

New Build or Existing Home

Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1

Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to strike a healthy balance between supply and demand.2

Given the limited number of available properties, if you’re a buyer in today’s market, you may need to expand your search to include both new construction and resale homes. But it can feel a little like comparing apples to oranges.

Let’s take a closer look at some of the factors you should take into account when choosing between a new build or an existing home.

TIMEFRAME

Read more ...New Build or Existing Home: Which One Is Right for You?

  • Created on .
2020 Platinum Recognition of Excellence
kw web rev

©  Bonnie Maloney California DRE #01458855 :: Website by Catalysis Business Solutions :: Terms Of Use :: Privacy

Thank you to all my clients and colleagues for naming me a Five Star Professional Real Estate Agent 2011 - Present. It is special to be recognized for such an honor, particularly since it is coming from my clients and peers. I look forward to working with you again.

Keller Williams Realty - 13400 Sabre Springs Pkwy, San Diego CA 92128, California Broker DRE# 01870514