New construction is up in New England and nationwide. Here are some reasons why:
1. The improved economy has driven more builders to re-enter the home building market.
2. There is now a shortage of existing homes for sale in most price ranges.
3. Bidding wars often occur on existing properties but new construction may free buyers from this uncertainty and give them more control over their destiny!
4. New homes are more green! New homes are amazingly more energy efficient and less expensive to own than older homes.
5. Building allows a buyer to choose the features they really want: cabinets, flooring, appliances, colors – everything!
6. Many mortgage lenders, including Bookend LendingMortgage Company, have begun offering attractive financing packages again on to-be-built homes. Whether it’s a construction loan or extended rate lock, we have options for you!
If I can help you or someone you know with new construction, let me know! I’m building relationships one referral at a time!