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Thinking about buying a home, but feeling stuck with high prices or painful mortgage rates? You’re not alone. But here’s the good news: newly built homes might just be your secret weapon in today’s tricky market. They’re not only more available than ever—they also come with perks that most buyers are sleeping on.
More New Homes = More Opportunities
Let’s cut to the chase: builders are cranking out new homes—and fast. In fact, 1 in 5 homes on the market today is brand-new construction, according to the latest numbers from the Census Bureau and the National Association of Realtors. So if you’re only browsing resale homes, you’re missing out on a huge piece of the pie.
Builders Are Slashing Prices (Yes, Really)
You know who’s feeling the pressure in this market? Homebuilders. They’ve got inventory to move—and that means you’re in the driver’s seat.
According to the National Association of Home Builders, nearly 40% of builders dropped their prices last month. Why? Because they know today’s buyers are price-sensitive, and they’re doing whatever it takes to close deals. That could mean savings for you—and even room to negotiate.
According to Realtor.com, in 2023 and 2024, buyers who purchased newly built homes secured mortgage rates about 0.5% lower than those who bought resale homes.
Lower Mortgage Rates? You Bet.
Here’s a little-known secret: buyers of new construction homes are often scoring better mortgage rates than buyers of existing homes.
How? Builders are sweetening the deal with rate buydowns, which means they’re helping you lock in a lower rate—sometimes half a percentage point less than what you’d get on the resale market. That kind of discount could save you thousands over the life of your loan.
Skip the Fixer-Upper Stress
Let’s be real: buying an older home often means unexpected repairs, outdated finishes, and mystery maintenance costs. New construction? You get that fresh paint smell, brand-new systems, builder warranties, and maybe even custom design options. It’s like driving a new car off the lot—minus the depreciation.
The Bottom Line: New Could Be Your Now
If you’re frustrated with the home search, it might be time to change your strategy. With more choices, potential savings, and even lower mortgage rates, a newly built home could be the bright spot you’ve been waiting for.
📲 Ready to Explore New Builds? We’ve Got You Covered!
Call or text us at 855-935-MORE to get connected with builders offering unbeatable incentives right now.