Real estate is a rapidly evolving industry impacted by a wide range of dynamic influences from federal interest rate hikes, to buyer-seller demand and inventory.
This quarter, NewBuilt.RealEstate offers a better way for savvy homebuyers to find and purchase new construction homes, offering an innovative platform and process that perfectly melds technology with value-driven opportunities and incentives that make buying new construction an attractive proposition in 2023 and beyond.
NewBuilt.RealEstate Brings Incredible Value to the New Construction Market
Customization
New construction homes through NewBuilt provide an opportunity to customize floor plans, choose unique finishes, tailor fixtures, and other design choices.
Rather than having to make compromises with an existing home, each new home can be outfitted to meet each client’s specific needs and preferences. Buyers can choose the number of rooms, sizes and layouts and customize their flooring, cabinetry, countertops, and many other features.
Energy Efficiency
New construction is built with the latest and best advancements in energy-efficiency standards. This means each home is designed to consume less energy while providing enhanced comfort, saving buyers big on utility bills. Energy-efficient features may include high-efficiency heating and cooling systems, energy-efficient appliances, and energy-efficient windows, among other features.
Lower Maintenance Costs
Because of the new and more durable systems and materials used in new construction – new homes typically require less maintenance and repairs than do older homes. Being built to be more energy efficient, increase efficiently, and reduce wear and tear on the homes systems translates to lower maintenance and utility costs.
Modern Amenities
New construction homes often feature modern amenities and technologies that may not be available in older homes. This can include smart home technology, advanced security, and modern energy efficient appliances and systems. These amenities can make your home more convenient, comfortable, and safer to live in.
Appreciation
Since new homes are more desirable to buyers and can command a higher price when it comes time to resell- they often appreciate in value more quickly than older homes. Additionally, as neighborhoods and communities around the home develop, the value of the home can also appreciate.
Helping Clients Make Better Home Buying Decisions
How it Works
- Schedule a Call with a NewBuilt Ambassador™
- Compare, Builders, Communities, and Homes
- Tour Communities and Model Homes
- Pick the Perfect Home in the Perfect Community
- Move-In and Live Life
Affordability and Buying Power In Today’s Challenging Market
When it comes to purchasing a home, affordability, and buying power are key considerations for many buyers. Interest rates and buying power are factors that everyone tends to pay close attention to, and NewBuilt.RealEstate knows that education is key to helping buyers make the best decision about their next home purchase.
Incentives to Offset Rates
Builders today offer a wide range of incentives to attract buyers, from property upgrades, paid closing costs, and free options for refinancing in the future when interest rates drop. These incentives can offset the impact of higher interest rates and make it easier for buyers to afford their new home. Additionally, there are various loan programs available to buyers such as 3-2 or 2-1 buydowns, adjustable-rate mortgages, and more that can help alleviate concerns about rising interest rates.
Adjustable-Rate Mortgages (ARMS) – a valuable tool in 2023
Adjustable-rate mortgages, or ARMS, are a great loan option for many buyers, but they have a controversial reputation, particularly among older generations who remember the 2008 housing market crash.
The fact is, today’s ARM loans are vastly different from those of the past, but misconceptions and fears about them persist. While many builders may promote 3-2 or 2-1 buydowns as an attractive option, these loans can be similar to ARMs in terms of the benefits they offer.
A 2-1 buydown may secure a reduced rate for 1-2 years with the hope to refinance before year 2 or 3, which can reduce the monthly payment.
An ARM, on the other hand, locks in the payment for 7-10 years and typically requires less money upfront. This can be a great option for those who want to secure a low rate for a longer period of time and have less cash on hand.
About NewBuilt.RealEstate
New Built Real Estate provides a simpler way for buyers to find newly constructed homes and builders. The company offers a wide range of services including concierge services, chauffeur services, 100% virtual property tours, and more to facilitate the home shopping experience.
Built on relationships and powered by technology, NewBuilt.RealEstate empowers buyers with the resources, education, and knowledge to make the right investment for their families.
Those interested in learning more about the company or its platform are encouraged to reach out via the official website for more information.
Media Contact
Company Name: NewBuilt.RealEstate
Contact Person: Roberto Navarro Jr
Email: Send Email
Phone: (214) 380-3444
Address:2001 Ross Ave. Ste. 700-128
City: Dallas
State: Texas
Country: United States
Website: https://newbuilt.realestate/