Whilst sales of new homes have slumped in recent months due to the fact that buyers found foreclosed homes more affordable, research has shown that buyers prefer ‘green’ homes to luxury features.
An astounding forty nine percent of potential home buyers preferred energy saving devices such as solar energy panels to luxury features, which were preferred by only thirty one percent of people interviewed.
A safe neighborhood is also a very important factor. New homes should preferably be in low crime areas and should also be close to their workplace. A mere 6% of interviewees are willing to sacrifice their close access to shopping facilities, whilst only 3% of them are willing to sacrifice the proximity to public transport.
A high number of people would be prepared to sacrifice on personal comforts in order to buy new homes.
Despite the financial difficulty a new home purchase would bring, 81 percent of people interviewed still want to purchase new homes. After the elections in the US, researchers predict a hike in the property industry.
Many people are looking to acquire a new home in the years leading up to 2014 and since the recession is over; now is the time to do that.
It is an amazing feeling when you buy your first home. Buying ‘off the plans’ is better still as you get to choose from so many options, from designs, to colors, tiles and fixtures.
New home developers hire real estate agents that are paid to represent the developer and builder. Due to the high volume of new home developments, real estate agents that sell new developments earn a lower percentage commission than for a normal sale and therefore many of them use high-pressure tactics to try and persuade you to sign the offer to purchase or sales contract. Therefore it is a wise idea to hire your own agent who will be more reasonable.
Developers’ agents are less likely to disclose the drawbacks of the development they represent, whereas your own agent acts as your fiduciary and will be required to point out the positives and negatives of a home to you.
The developer may also want to use his or her own lender for financing, as this allows the developer to stay informed as to the progress of your loan application. Your lender should be reputable and you should feel at ease around him or her.
‘Green’ homes are preferable to many. Select a real estate agent interested in green issues and the environment. This will ensure that your green home will be perfect for you.
Be sure to find a house of the right size for your family, as green homes are generally smaller than conventional homes.
Green homes make use of solar power in order to generate energy and they use low flow toilets which save water. Double paned windows keep the homes ventilated. The other building materials used for green homes are made from materials that promote environmental friendliness and have no negative effects on the ecosystem.
Buying a new residence is an investment in your family’s future.
Buying a new house is often a convenient reason for relocation. As such, prospective buyers may be interested in finding a Guelph home or a Kitchener new home.