Is this truly a Buyers Market?
New Construction Homes for Sale in Newburgh NY
Buyers are happy that the weather has been warm here in the Hudson Valley. Our days have more sunshine, and the temperature has not been so cold. The weather is keeping us out of our homes and looking to spend more time outdoors. No snow has been such a plus for showing houses here. Although there are statistics of buying homes, there is really no such report that tells us just how many times the homes have been shown during a specific time frame.
I list and show new construction homes all the time. Snow is not something that helps when we are building new homes. It complicates access as there is snow, mud, ice and the general mess of a new construction home. Add all that together with the general winter blahs, and less showings would be the trend. Yay for January of 2012! No snow and not such cold temperatures has more people out looking. I am having a remarkable amount of traffic on the homes that I am listing right now in all of our new construction sites. I have been telling the builders that they should start with more building permits as we are in need of inventory.
Currently listed for Newburgh NY are 34 New Construction Homes for sale in the GHVMLS. Only 13 of these homes are actually under construction. The rest are ”to be built” and have not yet obtained building permits.
This week alone I had two offers. Another one went under contract for a home that is not yet started! We already had one closing earlier this month.
People are out there looking at new homes. The current inventory of new homes does not show an enormous amount that are up and ready to go. Spring will be here shortly and what is left to choose from is small right now. The homes we are building are not lingering on the market once completed. Are the buyers in the drivers seat here? Well, offers have been turned down, and prices certainly have not dropped much. What I am seeing is that the homes are now turnkey! The builders are including so many features that compared to resales they are miles apart in value! Brand new is just that much nicer than a resale. 
Looking to purchase a home in Newburgh NY? Look and see what great value our new homes have here. So you may ask if this is a Buyers Market, but what I see are buyers scooping up some really great deals in new construction homes here in the Hudson Valley, in Newburgh NY.
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