Have you been looking at resale homes and trying to make an offer just to be drawn into a bidding war? Why not buy new? There are many advantages to buying a new home including the builders warranty, new appliances new flooring and more. Not to mention that the mortgage rates are still extremely low.
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at a couple of key components that are shaping this unprecedented market.