New Homes Sales

Posted by Ian McPherson on Friday, June 7th, 2019 at 5:41pm.

Should you buy a new home or something from existing inventory?

New construction is definitely worth considering.  The builders are going full steam ahead and this is good for buyers.  The competition is fierce and the builders are offering juicy incentives in order to earn business.  I just visited The Hamptons which is a Medallion homes community off of Fruitville RD in Sarasota Florida.  I was completely impressed.  3 - 9 acre lots with beautiful homes in the 2800 - 3300 sq. ft. range.  No CDD fees, very few rules or regulations.  RV's, Horses, Cows, and outbuildings are all allowed.  The builder incentives for anyone who purchases a Lot in Phase 1 is a $45K pool for free.  Incentives for Phase 2 lots are $35K in credits at the design studio.

Try and beat that in existing inventory home sales.  The increase in inventory from the builders is putting downward price pressure on existing inventory homes.  Why would you buy a 20 year old home when you can buy a new home for the same price?  Who wants to deal with a roof replacement?

No simple answers but new construction is definitely worth considering.

For information on the best builder incentives please give me a call.  I'll help you find the best deal

Ian McPherson Coldwell Banker 941-320-0999


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