Let the incentives begin!....well, continue. New home builders just reported that the new housing starts were the lowest in 17 years....yikes! However, this is good news for the prospective new home buyer.
I'm aware of one builder now offering a free rec room in the basement PLUS a free, equipped Media Room...screen and all! Another is offering free upgrapes on multi-sided brick, upgraded landscaping packages and more. Of course, granite, hardwood floors and a few other things that used to be "options" tend to now be standard. The standard options are better than ever in communities in Leesburg & Ashburn such as Lansdowne, Belmont Country Club and River Creek. Further West, in Purcellville & Hamilton, values abound in Heather Knolls, Hamilton Ridge and even Wright Farm Estates.
So, whereas I wish new home sales were higher (first, because that would mean move-up buyers would be selling their resale home....and second, the affected industries and work forces in construction, mortgages, appraisal, etc would have more stability), I envious of those buyer who are considering new homes right now.
This is a perfect time to buy if you're relocating to Loudoun County, or sold your property already, or trying to drive down the cost of an entry-level new single family home, townhouse or condo.
Remember to have a seasoned agent negotiating on your behalf to make sure every party in your transaction is not cutting corners as we ask them to cut prices! I'd be glad to personally assist you in any way.