Are you a first-time homebuyer? A recent survey showed that 32% of prospective first-time homebuyers are planning to purchase newly constructed homes. In addition to the lifestyle that is available within a new home community, homebuyers are also interested in the low-maintenance aspects.
Most of the home buyers that purchase new homes wanted to avoid renovations as well as potential plumbing or electrical issues. The survey showed that this was the case with 34% of these buyers. For individuals that purchased previously-owned homes, 32% did so because these houses could be purchased at what they considered to be a better price. It’s possible that the buyers purchasing older homes were also assuming that they had specific remodeling ideas or wanted to engage in a total renovation.
If you’ve been looking for your new home on the Internet, you’re not alone. A recent survey showed that 92% of prospective buyers search online for houses for sale. When searching online, 82% of these individuals found websites that contained useful information. Approximately 87% of buyers located photos of local properties, and 84% located detailed information on these properties. This likely included multi-view, professional-level images, detailed property specifications, as well as local sites of interest within the community.
While the first step in their house search began online for 42% of recent buyers, 14% contacted a real estate agent to begin the process. Most recent buyers, or 78%, said that their real estate agents provided them with a considerable amount of useful information. This may have included local listings that met their specifications, such as homes for sale in classic communities close to ideal school districts.
New home communities are growing in popularity. They provide a low-maintenance lifestyle within luxury surroundings. Whether you are a first-time home buyer, are purchasing a vacation home, or are downsizing after retirement, these new home communities may be just what you’ve been seeking.
If you’ve been looking online for new homes and haven’t located just the right property, perhaps it’s time to contact a local realtor. On average, when left to their own auspices, prospective buyers will usually search for 10 weeks and look at 10 different homes.
A real estate agent will be able to streamline this process for you. Furthermore, since you will let your real estate agent know your price range as well as other requirements, he or she will only show you new homes that meet your specifications and in an ideal location.
Another benefit of working with a real estate agent is that she or he will be able to explain the terms of your mortgage so that you understand them clearly. Given that 59% of homeowners wish that they understood their mortgage terms and details better, this is an added benefit to working with an experienced realtor.
When you’d like to look at luxury townhomes for sale in ideal neighborhoods, your real estate agent will guide you to properties that are currently available. While it may be enjoyable to look at houses for sale on the Internet, isn’t it better to be able to see them in person?