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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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The Southern housing markets poised to become boomtowns

Housing Wire

in new construction, 7.2% in land use change, 0.8% in builder/developer land, 4% in recent build and 1.1% Places poised for growth but not at the top of the list include Albuquerque, New Mexico, and Madison and Milwaukee Wisconsin, which have all seen recent land use changes. Lakeland measured 4.6%

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The Data Center Boom Is Powering New Construction and Design Innovations

Propmodo

Where these massive new data centers get their power is a critical consideration. The power needs are also changing how new data center developments are designed. All these factors are leading to innovations in data center design and construction. Developers have turned to prefabrication construction methods.

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Buying a New-Construction Home: Pros and Cons All Homebuyers Should Know

Realtor.com

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

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Buying a New Construction Home

Windemere Buying

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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Opinion: Don’t let red tape strangle city development

Housing Wire

Consider, for instance, the following types of regulation, all of which increase the cost to build: Building height restrictions, designed by local property owners to lock in the status quo. Design standards, which impose costly building requirements and can be incredibly strict in places where beauty is part of the local brand.