Buying new construction? 5 costly mistakes to avoid
Home shoppers can’t help but feel the heat these days, with the inventory of existing homes hitting an all-time low in late 2021. That limited inventory, coupled with high demand, has sent home prices soaring. If you can’t find a suitable resale or you just want to start fresh, new construction can be an appealing option.
Brand-new homes offer enhanced energy efficiency, amenities and layouts more suited to modern lifestyles, plus the potential to customize spaces that you don’t get with a resale. But if you’re not careful, costs and expectations can spiral out of control.
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https://www.bankrate.com/real-estate/buying-new-construction-avoid-these-mistakes/