by Susanne Novak | Feb 14, 2022 | Buyer Tips
Despite of a massive increase in building permits and new home construction, not enough homes are being built to meet demand. That’s one of the core findings of new research from realtor.com. The Housing Supply Gap Expands in 2021 New households are formed at a...
by Susanne Novak | Aug 9, 2021 | Buyer Tips
Many buyers see new construction as their only option to avoid bidding wars in today’s competitive sellers’ market. However, building new is becoming increasingly expensive, and you may have to wait 12 months before you can move in. Should you consider new...
by Susanne Novak | Jun 14, 2021 | Buyer Tips, Trends
The average price of a new construction home was $378,850 in April. That’s roughly $87,000 more than the average price of an existing home (which was $291,900). There are five reasons why new homes are more expensive than existing homes, and why prices are...
by Susanne Novak | May 3, 2021 | Buyer Tips
Even in today’s super hot market not every home sells quickly. Some listings don’t see an offer in the first couple of weeks. They may become a good candidate to write a contract without having to compete against other buyers. I did some research on the...
by Susanne Novak | Mar 8, 2021 | Buyer Tips, Trends
Last Friday, two of my clients signed contracts on new construction homes. One was lucky and got the last market home in their preferred MI subdivision. The other couple missed out on an inventory home they really liked. It was snatched up by another buyer the morning...
