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‘We Bought a House That Hadn’t Been Built Yet’: New Construction May Be the Key To Succeed in Today’s Hot Market

Realtor.com

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We ended up touring three or four other new constructions in different areas of town, just to do some due diligence.

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How Long Does It Take to Build a House?

Realtor.com

No matter your location, the key to any successful new home building project is having approved house building permits, a process that can take a long time in some areas. The biggest obstacles to obtaining a new home permit are poor due diligence, neighbors who oppose construction, and a backlog at the building department.

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Buying a New Build? Here’s a Checklist With Everything You Need to Know

HomeLight

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

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Florida Real Estate: 9 Housing Markets Predicted to Rise in 2025

Marco Santarelli

These areas are attracting buyers due to a mix of factors like affordability, new construction, and a diverse population, making them attractive for those looking to invest in real estate. Many cities are experiencing a steady influx of new residents due to their attractive climate, job opportunities, and overall lifestyle.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Many new construction homes come with a home warranty from the builder. That’s why due diligence on the part of a homebuyer is vital. Check for new homebuilder laws in your area. Seller disclosures.

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Lendlease Is Overhauling Its Strategy and Bringing It All Back Home

Propmodo

In late May, the company reached a non-binding agreement with Consigli Construction Co. According to Landlease’s earnings report, the transaction is going through due diligence and negotiations. The deal was confirmed in June, and Lendlease will take development exclusivity over the site, subject to a due diligence period.

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Building a House? A Simple Guide to the Home Building Process

Redfin

It’s important to note that construction-related loans may be slightly harder to secure than a traditional mortgage. FHA first-time homebuyer loans are limited as well for new construction, so those without a strong credit history are advised to do research to ensure adequate financing is available.