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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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All the ways the wildfires could make LA housing more expensive

Housing Wire

And landlords are already smelling an opportunity to raise list prices, despite laws designed to prevent that. Property taxes accrue even if the home is destroyed Property taxes are a major expense for Los Angeles homeowners, and those taxes still accrue even if the land doesnt have a home to live in.

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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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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

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