Builder Incentives: Your Key to a Brand New Home

Tired of the home search? Feeling like you've seen it all before? Don't give up! While the market has more homes for sale, finding the perfect one at the perfect price can still be a challenge. But what if the perfect home for you hasn't been lived in yet?

We're talking about new construction! And right now, there’s an amazing opportunity for buyers looking for a fresh start. Today, many builders have completed homes that are ready to move into, and they are highly motivated to sell. This means they are offering some of the best incentives we've seen in years!

As Lance Lambert, Co-Founder of ResiClub, explains: "In housing markets where unsold completed inventory has built up, many homebuilders have pulled back on their spec builds—and many are doing bigger incentives or outright price cuts to move unsold inventory."

This Is the Time to Buy New!

According to the National Association of Home Builders (NAHB), a staggering 66% of builders offered sales incentives in August. That's the highest number in five years! That's right—two out of every three builders are ready to make a deal. And a common incentive is a price reduction.

In fact, almost 40% of builders are offering outright price cuts, with an average of 5% off the purchase price! Think about that: a 5% savings on a $500,000 home is a massive $25,000 in your pocket.

But the deals don't stop there. As Realtor.com notes, builders are also offering:

• Rate buydowns to lower your mortgage interest rate and monthly payments

• Closing cost assistance to reduce your upfront expenses

• Free upgrades like smarter appliances, premium finishes, and more!

 Why a New Home Could Be Your Dream Home

New homes offer so many things that older homes just can't, including:

• Modern Layouts: Think open kitchens and spacious living areas perfect for entertaining.

• Energy Efficiency: Save money on your utility bills from day one with modern insulation and efficient systems.

• Less Maintenance: Enjoy peace of mind with a new home and a builder's warranty. Say goodbye to surprise repairs!

Don't Go at It Alone!

This is where having a trusted professional on your side becomes crucial. While builder reps are friendly and helpful, their job is to protect the builder's bottom line. You need someone who is looking out for your best interests.

That’s where we come in! As your real estate pros, we will:

• Analyze the numbers to see which incentives are truly a win for you.

• Negotiate on your behalf to get you the best possible price and terms.

• Make sure you understand the fine print on all contracts.

Builders are ready to make deals. Are you ready to get the home you've been dreaming of?

Ready to see what builders are offering in our area? Let's connect and find your perfect new home!

Ken or Susan Rosengren 360.609.0226 KenRosengren@LucidoGlobal.com

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