The real estate market is bouncing back. But, still home inventory is still tight and home prices are rising. With lower new home inventory, buyers are finding that they may have to compromise in order to buy a new home. Not only that, but they may also have to pay for those homes they are compromising on in the first place. Building a new modular home allows homebuyers to pay the right price for exactly what they want without the compromise. And, modular home construction is completed much faster than traditional construction.
Real estate agents say that buyers are “willing to pay more” to find a home and that buyers are more “flexible on features,” and have “lower expectations” on how much house they are going to get for their money. They also reported that homebuyers are more “prepared to waive contingencies” in order to win a bid. As a new home buyer, does this sound like the recipe for buying your dream home? Low home inventory means choices are tight. Those who are in the market for a new home should look to modular home construction if they want a new home without compromising.
Real estate agents cite “limited inventory” as the biggest challenge that homebuyers face right now. If you want to buy a home you should not compromise on such a huge financial commitment. Custom designed modular homes give you the option to live in the home you love, for the price you want. And modular construction promises you a high quality home that will stand up better through time and weather than traditionally built homes.
If you are tired of the home search and want more information on building a modular home, contact Tidewater Custom Modular Homes.
Excerpts - RealtorMag