Going, Going, Gone- How to Buy a New Home in 2013 While You Can

New construction hasn't always been a hot commodity, but times have changed. Anyone wanting to buy a new home in 2013 faces a challenging road without help from a real estate professional. Recent findings show new home prices are increasing, property availability is decreasing and even land prices are rising. Homebuyers may have to pay higher prices, especially when increased costs of building materials and labor are factored in, says AnnaMaria Andriotis in her article entitled Surprise Shortage Boosts New Home Prices.

When you're ready to buy a new home in Virginia Beach or the greater Hampton Roads area, builders may or may not have available inventory. This part of the buying process will revolve around the timing of your move and the immediate needs of your household. During the economic downturn, some area builders had many newly constructed properties ready for purchase. But buyers cannot count on this scenario as the norm anymore. Builders are building and buyers are buying, so there may not be any move-in ready homes available except models and closeouts. And this is where our new home specialists come into play.

Our agents specialize in new construction homes. These experts stay up-to-date on local market trends, so they can successfully assist their clients. Our team has a unique relationship with reputable builders of Hampton Roads. If you want to know if a desirable development has any available building lots left, chances are that one of our agents will whip that information right out for you on the spot. Don't let the opportunity to buy a new home in 2013 pass you by; we won't let dwindling inventory deter us from finding you the right home.

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Categories: Home Buying Real Estate Market Regional

Cities: Virginia Beach Chesapeake Norfolk Williamsburg Newport News Hampton Suffolk Yorktown Richmond

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