Call Lorraine Santirosa at 619-248-5484. http://www.BestChulaVistaHomefinder.com SAN DIEGO MILITARY HOME BUYER SPECIALIST
Chula Vista new homes are popular with San Diego VA buyers - Homes in Zipcodes 91913, 91914 and 91915 are seeing an uptick in military home buyers.
The low inventory challenge in the San Diego area is causing home buyers to look closely at new home sales. Military home buyers who are tired of waiting or being rejected in multiple offer situations on resale homes are taking advantage of new construction.
While mello roos (special tax) and HOA fees are adding to the monthly costs of owning a home in the Chula Vista area, many buyers are comfortable paying the extra to own a home.
So what's driving these VA buyers to new home sales? According to Pete, an E5 in the Navy, "It's a no brainer, when you compare what I'm paying in rent to what I can afford in mortgage payments using my BAH. The numbers make more sense to buy vs rent." The lower home prices compared to a few years ago coupled with historic low interest rates create a recipe of increased affordability.
Military home buyers who make up approximately 40% of monthly residential real estate transactions are the ones experiencing the buying power advantage in this current housing market. To sweeten the deal, most sales offices offer a builder concession on average about $10,000 to the buyer for closing costs or upgrades if they use their partnered lender. I recommend reading my blog "Not so fast Navy Federal Credit Union" before considering NFCU or USAA for a VA loan.
New homes are currently priced from the mid $200's and up in the Chula Vista area. Most popular Chula Vista new home communities are Mosaic, Terraza, Villas, Jacaranda, Indigo, Clover, Tapestry, San Miguel Ranch, Winding Walk, Bella Lago, Summit and Coastal Hills.
The highly anticipated New Haven community is set to begin sales in mid November and is expected to very appealing to those looking in mid $300's for a detached home with a nice size court yard.
Chula Vista new home builders include Shea, McMillan, Pacific Communities, Van Daele, Heritage Building and KB homes.
Call 619-248-5484 to get more information on new home sale in Chula Vista, VA loan pre-approval and buying process.
Lorraine Santirosa is a San Diego real estate agent that has built a solid reputation working with VA or military home buyers.