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7 Reasons Why 2017 is a Good Time to Buy a New Home

7 Reasons Why It's A Good Time To Buy A New Home
After a resurgence in our new home sales success in 2016 in several of our East West communities in the Hampton Roads area of Virginia, many are predicting a banner year for the real estate industry in 2017. The pent up demand has been building for years, but there are also multiple reasons people are looking to make their move now. Here are my Top 7 Reasons to Buy a New Home Today:
1. New homes offer more value today. Builders are offering more quality and creative value extras than ever before. Builders and developers are working closely together to bring the best value to the new homebuyer today. Homebuyers in East West Communities are discovering more custom built-ins, larger kitchens, covered back porches, top-of-the-line appliances, and better overall design, as evident in the recent surge in new home sales at Founders Pointe.
  
2. Interest rates are still at historic lows.  Even with the slight increase in the past month, mortgage interest rates are still hovering in the 4% range, which is phenomenal when you consider the average mortgage rate over the last 45 years has been 8.5%! It make sense to take advantage of the low fixed rate mortgages while you ... more

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