The new-home market is a lot like the stock market. The demand for homes is growing at the fast-food and fast-casual restaurant level as people are becoming more health conscious.
And of course, demand for houses is rising as well. What’s great about the new-home market is that if you can get a house for $1.2 million, you can get a bigger house for less than $200,000. In most cases that means you can afford to upgrade your living room to an ocean view or your kitchen to a poolside. And if you’re good at construction, you can make the house look like a luxury hotel.
We’re not sure if this is a good thing or a bad thing, but the trend is a little too clear to ignore. From remodeling to construction, you can be on the cutting edge of design and have a chance to make a nice, comfortable home as easily as you can eat out. As people who have bought homes in the last few years are finding out, you can have the best of both worlds.
The good news is that not a lot of people have bought or remodeled in the last few years. The bad news is that the trend is real. There are a lot of people looking to sell their homes, and a lot of them are looking to buy new ones. The number of homes going on backorder has gone from just a few in the last few years to a high of 200,000 homes a year in 2015. Of these, a quarter are under contract.
The reason it takes so long is because the majority of homes that go back into contract are in places that are still affordable and in decent shape. The real problem is that the people who are not buying new homes are in places where it is still difficult to find a good price, and are therefore putting off buying a new home. The good news is, however, that there are good reasons why many people are putting off buying a new home.
For one, it is very difficult to sell a home that you had planned to buy for years, especially if it is still in good shape or not under contract. For another, many people are putting off buying new homes because they feel (wrongly) that they have spent too much money on remodeling their current home prior to buying a new one.
For many people, a new home is a good investment because it is the most economical area of the home to have a large yard and a lot of rooms.
This is a fact. Even with the best of intentions, things can be just a bit tricky, especially when you are buying a home.
The big problem with buying a new home is that you are spending a lot of money on it. Most people don’t have the cash to make an instant $100k move in and move the majority of the furniture and other personal items out of their current home. The good news is that you can still get a lot of the items you need without even buying a new home. This is called a “backorder.
A backorder is when you have items sitting in a closet that you have had for months, but which you need for the next few months. I know, it sounds ridiculous. It is. It is also a fact.
