{"id":12442,"date":"2024-01-17T22:26:57","date_gmt":"2024-01-17T22:26:57","guid":{"rendered":"https:\/\/www.sellfor1percent.com\/?p=12442"},"modified":"2024-01-17T22:26:58","modified_gmt":"2024-01-17T22:26:58","slug":"sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home","status":"publish","type":"post","link":"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/","title":{"rendered":"Sell Your House: Why You May Want To Seriously Consider a Newly Built Home"},"content":{"rendered":"\n
\"\"\/<\/figure>\n\n\n\n

Are you putting off your plans\u00a0to sell<\/a>\u00a0your house because you\u2019re worried you won\u2019t be able to find a home you like when you move? If so, it may be time to consider a newly built home and the benefits that come with one. Here\u2019s why.<\/p>\n\n\n\n

Near-Record Percentage of New Home Inventory<\/strong><\/h4>\n\n\n\n

Newly built homes are becoming an increasingly significant part of today\u2019s housing inventory. According to the most recent report from the National Association of Home Builders<\/em><\/a> (NAHB):<\/p>\n\n\n\n

\n

\u201cNewly built homes available for sale accounted for 31% of total homes available for sale in November, compared to an approximate 12% historical average.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

That means the percentage of the total homes available to buy that are newly built is well over two times higher than the norm. <\/strong>And even more new homes are on the way.<\/p>\n\n\n\n

Recent data<\/a> from the Census<\/em> shows there\u2019s been an uptick in both housing starts (where builders break ground on more new homes) and housing completions (homes where construction just wrapped).<\/p>\n\n\n\n

And while some people may worry builders are building too many homes, that isn\u2019t a concern \u2013 if anything, the recent increase is really good news. As Lawrence Yun, Chief Economist at the National Association of Realtors<\/em> (NAR), explains<\/a>:<\/p>\n\n\n\n

\n

\u201cEven more home building will be needed with the housing shortage persisting in most markets . . . <\/em>Another 30% rise in home construction can easily be absorbed in the marketplace<\/em><\/strong> . . .\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

How This Helps You\u00a0<\/strong>Sell Your House<\/h4>\n\n\n\n

Since the supply of existing homes for sale<\/a> is still low right now, the increase of new-home construction can be a game changer because it gives you more options for your search.<\/p>\n\n\n\n

Picture yourself in a home that\u2019s new from the ground up: new appliances, fresh paint, fewer maintenance needs because everything is new, and so much more. Doesn\u2019t that sound nice?<\/p>\n\n\n\n

And it may be more within reach than you ever imagined. In addition, some builders are offering things like mortgage rate buy-downs for homebuyers right now. This can help offset today\u2019s affordability challenges while also getting you into your dream home. In a recent article, Patrick Duffy, Senior Real Estate Economist at U.S. News, <\/em>explains<\/a>:<\/p>\n\n\n\n

\n

\u201cBuilders have been using mortgage interest rate buydowns for many years as a sales incentive whenever interest rates are relatively high, . . .<\/em>Today more builders are offering rate buydowns for the entirety of the loan, allowing buyers to finance more home for the same payment amount<\/em><\/strong>.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

Just remember, the process of buying from a builder is different from buying from a home seller, so it\u2019s important to partner with a trusted real estate agent<\/a> who knows the local market. They\u2019ll be your go-to resource for coordinating with the builder, reviewing contracts, and more.<\/p>\n\n\n\n

Bottom Line<\/h3>\n\n\n\n

If you\u2019re trying to sell<\/a> so you can make a move but you\u2019re having a hard time finding a home you like, let\u2019s connect. That way you have a local expert to help you explore all of your options, including the newly built homes in our area.<\/p>\n\n\n\n

\"give<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

Are you putting off your plans\u00a0to sell\u00a0your house because you\u2019re worried you won\u2019t be able to find a home you<\/p>\n","protected":false},"author":25,"featured_media":12443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77],"tags":[],"yoast_head":"\nSell Your House: Why You May Want To Seriously Consider a Newly Built Home - sellfor1percent<\/title>\n<meta name=\"description\" content=\"Are you putting off your plans\u00a0to sell your house\u00a0because you\u2019re worried you won\u2019t be able to find a home you like when you move?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sell Your House: Why You May Want To Seriously Consider a Newly Built Home - sellfor1percent\" \/>\n<meta property=\"og:description\" content=\"Are you putting off your plans\u00a0to sell your house\u00a0because you\u2019re worried you won\u2019t be able to find a home you like when you move?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/\" \/>\n<meta property=\"og:site_name\" content=\"sellfor1percent\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/sellfor1\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-17T22:26:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-17T22:26:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sellfor1percent.com\/wp-content\/uploads\/2024\/01\/920x920.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"613\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sell for 1 Percent\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sell for 1 Percent\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/\",\"url\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/\",\"name\":\"Sell Your House: Why You May Want To Seriously Consider a Newly Built Home - sellfor1percent\",\"isPartOf\":{\"@id\":\"https:\/\/www.sellfor1percent.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.sellfor1percent.com\/wp-content\/uploads\/2024\/01\/920x920.jpg\",\"datePublished\":\"2024-01-17T22:26:57+00:00\",\"dateModified\":\"2024-01-17T22:26:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.sellfor1percent.com\/#\/schema\/person\/38feeeb1255b7a539509cedf7eff5c65\"},\"description\":\"Are you putting off your plans\u00a0to sell your house\u00a0because you\u2019re worried you won\u2019t be able to find a home you like when you move?\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sellfor1percent.com\/sell-your-house-why-you-may-want-to-seriously-consider-a-newly-built-home\/#primaryimage\",\"url\":\"https:\/\/www.sellfor1percent.com\/wp-content\/uploads\/2024\/01\/920x920.jpg\",\"contentUrl\":\"https:\/\/www.sellfor1percent.com\/wp-content\/uploads\/2024\/01\/920x920.jpg\",\"width\":920,\"height\":613,\"caption\":\"new homes are a great way to encourage you to sell your house! 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