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New home inventory is up in the Houston area; that means good deals!

Real Estate Agent with David Tracy Real Estate License # 0577361

Avalon in FriendswoodNew-construction inventory in Houston is getting better, so you know what that means… there are good deals to be made!

According to Stewart Title Chief Economist Ted Jones, there are now an estimated 470,000 unsold new homes under all states of construction in the United States. This is up 21% over last year, and it is the largest inventory seen since March of 2008.

In our area, most builders have a lot of unsold homes under construction or ready to move into, compared to a year ago when there were hardly any inventory homes available.

This is great news for Houston area buyers. But, if you are thinking about purchasing a new-construction home, there is something important you should know. You NEED to use a Realtor to help you with the purchase!

Please don’t visit the model home without checking with your Realtor first!

As YOUR Realtor, I will explain the new-home purchasing process, step-by-step, and help you negotiate the best possible price. I will also help you obtain the best incentives, such as closing cost assistance, or additional upgrades.

New Homes in AvalonI will be there with you to help you understand the builder’s contract and other papers you have to sign. I will also help in scheduling inspections throughout the building process, and assist with final walk-throughs.

The salespeople in the model homes work for the builder. They do not represent you or your best interest. They might offer you some incentives, but generally I can help you negotiate more.

I personally visit model homes in the area regularly to meet with the new home sales reps and find out what they have to offer. Fortunately, I have great relationships with many of the sales reps, and they will often share their best deals with me ahead of time, knowing that I will bring them qualified buyers. They send me inventory lists each week, so I am always informed about what is available in new-home communities.

The best part of taking me with you when you want to purchase a brand-new home is that my service is FREE to you! The builder pays the Realtor commission, which is already built into the price of the home.

If you are thinking about purchasing a new construction home this year, please reach out to me! I want to help you get one of those good new-home deals!

Posted by

Rose King 

Serving you in Friendswood, Pearland, Alvin, Manvel, Rosharon, League City, Webster, Clear Lake, South Belt, and the Houston Bay Area

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Comments (3)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Best to see the market thriving in the particular areas of the country that they are. It’s apretty positive twist :)

Jan 31, 2023 10:33 PM
Rose King

Thanks for the comment, Laura! There has been a slow-down in number of sales in Houston, so the new home builders are once again offering great incentives to agents and to buyers. Great time to get a new-construction home here!

Jan 31, 2023 11:15 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Feb 01, 2023 03:19 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Rose. The commission is built into the price whether the builder has to pay it or not. Experienced advice is free, why not use it? Enjoy your day!

Feb 01, 2023 04:37 AM