by Susanne Novak | Aug 23, 2021 | Buyer Tips
A sharp rise in building permits and a decline in buyer traffic at model homes gives you more choice with less competition when you build new. However, the price of new construction is not going to drop anytime soon. Here are the details … Building Permits Rise...
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 | 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...
by Susanne Novak | Feb 15, 2021 | Buyer Tips, Neighborhoods
Commercial real estate was somewhat depressed due to the pandemic. Residential construction on the other hand has been booming. We saw a 27% increase in single and multi-family construction in 2020 over the previous year. That’s the most activity since 2010. New...
by Susanne Novak | Feb 8, 2021 | Buyer Tips, Trends
The inventory of homes for sale has dropped by 47.3% in January as compared to a year ago. However, demand for housing has never been higher. My newest listing had 50 showings in 3 days. And more buyers scheduled to see the house yesterday. You are probably wondering...