7 Things That Should Be In Every New Homeowner’s Manual
I had lived in my first home for almost one and a half years before I knew furnaces had filters that needed to be changed on the regular. Here’s how that discovery went down: My mom was at a hardware store, and she texted me about filters being on sale! Did I want her to pick me up some? I Googled: “How often do furnace filters need to be changed?” Google responded: “Check them once every month.
Oct 5, 2018
How Student Loans Couldn’t Stop Me from Buying a Home at 25
My husband and I are “recession kids.” We were just starting high school when the Great Recession brought the most significant economic downturn in the United States since the Great Depression. We watched our parents, neighbors, and family friends struggle with unemployment and the housing market crash. Foreclosures surged throughout the country, and home values plummeted following the housing bubble.
Sep 30, 2018
Experts Reveal the 10 Big Mistakes First-Time Homebuyers Make
You’ve been squirreling away dollar after dollar and finally have a pile big enough to consider buying your first home. That’s the good news. The not-so-great news: First-time buyers are prone to making some pretty big mistakes. “Home sales have gone up and many first-time homebuyers are coming down with a case of home-buying FOMO,” says Tanya Hobson-Williams, an attorney in Jamaica Estates, New York.
Sep 29, 2018
3 Things You Should Never Do During Your Inspection Period
Read over these missteps, as well as what you ought to do instead, so that you can handle your inspections with a sense of confidence.
Sep 26, 2018
What’s the Difference Between Agents, Brokers, and Realtors?
As a renter or a buyer, you’ve probably heard the words agents, brokers, and Realtors used to describe the same person who is helping you buy, rent, or sell your house or apartment. There’s even a chance you’ve used these three terms interchangeably. While an agent, a broker, and a Realtor will all help you buy or sell a home, these terms are not synonyms and do mean different things.
Sep 22, 2018
The Most Realistic HGTV Shows, According to Real Estate Pros
While none of the shows are totally accurate, some are more lifelike than others
Sep 21, 2018
8 People You Need When Buying a Home, According to Experts
Whether you’re starting the process of buying your first home or want to sell the home you’re in to upgrade or change neighborhoods, the process of buying a new home can seem daunting. From finding a great real estate agent, working with a lender, acquiring a real estate lawyer, and getting a home inspector—all on a short deadline—buying a home can often feel like writing the most overwhelming and emotional college research paper.
Sep 20, 2018
3 Things You Can’t Forget to Do on Your Final Walk-Through
Your final walk-through is the last hurdle before going to closing and becoming a homeowner. Since it’s so close to the finish line, many first-time buyers have a tendency to try and rush this appointment or not take it as seriously as they should. Unfortunately, this can lead to unintended consequences. With that in mind, we’ve created a guide on how to handle your walk-through the right way.
Sep 19, 2018
The Real Answer to “Does This Come With the House?”
If you’ve ever looked at a house for sale and thought to yourself, “That is an incredible washer/dryer set, fridge, piece of artwork, etc.” then you’ll be pleased to know that if you play your cards right, you actually can get it with the house. It just needs to be in your inclusions/exclusions list.
Sep 12, 2018
5 Signs You Can Save Money on Your Dream Home
After toiling through an endless trail of listings and showings, you’ve found your dream home. The only problem? The price tag that’s out of your budget. But that doesn’t mean you have to give up your dream of home ownership; if you’re willing to put the research and effort in, you can often move the price point down significantly (within reason, of course).
Sep 11, 2018
5 Ways Tiny Homes Don’t Actually Save Money in the Long Run
Sure, you already know a tiny home is likely to be a fraction of the cost (and size) of a traditional starter home. But you may be curious how the two home types compare when it comes down to day-to-day living costs—and which one shakes out to be a better investment in the long run. While expenses (often unexpected ones) are a common denominator in ownership for both home types, the things that will siphon money from your savings account can differ dramatically between the two.
Sep 8, 2018
9 Easy Ways to Save Money When Buying a Home
They say that your home is your biggest investment–meaning you’re going to sink a good chunk of change into your new abode, both at the outset and over the years. With that kind of money on the table, it’s crucial to save some dollars wherever you can. With that in mind, I picked the brains of three real estate professionals to determine the easiest ways to save money when buying a home.
Sep 7, 2018
Want A Big Yard? Move Here
If there’s one home amenity that frequently tops a house hunter’s wish list, it’s a big yard. And though you might have had a mammoth half-acre backyard to play in, your kids (and pets) will have less room to grow—especially if you’re buying a newly-built home. According to a new analysis from the National Association of Home Builders (NAHB), via data from the U.S. Census Bureau’s annual Survey of Construction, yards are growing smaller and smaller every year.
Sep 6, 2018
What’s the Difference Between Pre-Qualified and Pre-Approved?
The terms pre-qualified and pre-approved almost sound like they could be synonyms. But when it comes to home financing, there’s actually quite a big difference between the two—and securing pre-approval for a loan is actually what brings you closer to the closing table. Think of it this way: Getting pre-qualified is like taking baby steps towards getting approved for a mortgage. You call up a lender, self-report your credit score, and relay information about your income.
Sep 2, 2018
3 Reasons Your Rent-vs-Buy Math Might Be Wrong
It’s common knowledge that owning a home is cheaper than renting (at least in the long term), but anyone who has ever sat down to try and figure out the numbers knows that finding out how much you’ll save is harder than it looks. There are so many factors to consider. To try and help you come as close to the real number as possible, we’ve outlined three ways your rent-vs-buy math might be wrong — and how to straighten things out to give you the best picture possible.
Aug 30, 2018
This Is When the Housing Market Will Favor Buyers
If you haven’t been furiously refreshing Zillow for the past couple of months, here’s a bit of news for you: It’s a seller’s market right now. Even if you’re not pining over a dream home currently, you might know that, well, because the thought of buying a home hasn’t even popped into your head anytime recently.
Aug 29, 2018
One Person You’re Forgetting to Talk to While House Hunting
Before I put an offer in on my house, I already knew all the neighborhood quirks I would encounter once I moved in. I knew I’d be able to faintly hear a train at 10:05 p.m. most nights, that I’d be living along the high school homecoming parade route, and that one of my elderly neighbors recently had a stroke and would love to have help walking his dog. Surprisingly, I didn’t get this intel from my real estate agent or even the current owners.
Aug 28, 2018
How Much You Should Save Each Month for a Down Payment, By State
When it comes to buying a house, the financials can be overwhelming. That’s why a little bit of preparation or saving goes a long way—and a lot of preparation and saving goes even further. If you’re thinking about buying a home, one of the biggest costs you’ll be hit with is the down payment.
Aug 28, 2018
Experts On: What NOT to Do When You’re Trying to Get a Mortgage
While buying a home is one of the most exciting and rewarding things you’ll do in your life, it can also undoubtedly be one of the most stressful. This is due in no small part to the mortgage approval process which, at its best, is tricky and, at its worst, downright perplexing. When I purchased my first home, I felt like I had sufficiently done my research.
Aug 28, 2018
7 Things Experts Say Never to Put in Your Offer Letter
In a hot real estate market, where sellers are receiving multiple offers close in price, a well-written offer letter can be the ace in your pocket. “A letter can make you feel more like a person to the sellers rather than an offer and number,” says Lauren McKinney, broker and realtor with Gold Leaf Realty and Development and marketing director for Judd Builders. With that said, buyers’ letters should be short and heartfelt, says McKinney, whose based in North Carolina.
Aug 26, 2018
Buying a Home Can Really Make You Cry, Says New Study
How many times did you burst into tears when buying your first home? Tears are apparently very normal—a new survey from Homes.com found that one in three Americans ended up crying during the home buying process. In fact, of the 2,000 home buyers surveyed, 13 percent of respondents cried “a lot.” Why is the process so difficult? The survey points to a few key reasons that adults may be overwhelmed by the search.
Aug 25, 2018
What I Wish I Had Realized Before Looking to Buy a Foreclosure
In 2012, my husband and I decided to take the next big step together—investing in a starter home in Atlanta, Georgia. We had been married a little over five years, and my husband’s above-average credit score of 780 meant we would easily be approved for a mortgage. We sought a home in the $250,000 range with a mortgage of $1,200 per month that we could repay in 30 years. We decided to only look at foreclosed homes since they were the most affordable option.
Aug 24, 2018
How I Planned on Winning a Million Dollars for My New Home
My fiancé and I found ourselves approaching the end of 2013 with two goals in mind: 1. Make it through the wedding planning process and 2. Buy our first home. For a 26-year-old, these were both two exceptionally expensive activities—especially in northern New Jersey where we lived. But we’d been living at home and saving since graduating from college and our parents were very generous in their contributions to our wedding, so these two expenses were somewhat doable.
Aug 24, 2018
This Is The Salary You Really Need to Buy in the Bay Area
It’s not news that increased capital flowing into the San Francisco Bay Area has made the area’s housing market absurdly competitive. But it’s still shocking to see the already high numbers get even higher—and so quickly. Case in point: Zillow recently released a study stating that, by June 2019, a whopping nine cities in the Bay Area will likely have median home values of more than $1 million.
Aug 23, 2018
The Worst Cities for Millennial First-Time Homebuyers
If your interest on this site is any indication, buying your first home is a milestone you’d like to achieve in your future. But for many millennials in the United States, the American Dream has been postponed by towering student loan debt, stagnant wage growth, and exorbitant rental costs. All that being said, millennials are still buying homes more than other generations and in 2017, 38 percent of single-family home purchases were made by first-time homebuyers.
Aug 20, 2018
5 Things Your Real Estate Agent Is Probably Keeping from You
Buying a home—especially for the first time—can be an overwhelming and confusing ordeal, and your real estate agent is your guide through that complicated process. So it’s only natural that you look to them for guidance and trust their advice and expertise on matters big and small.
Aug 18, 2018
My Husband Didn’t Want a House—So I Bought One Without Him
Our apartment sits on one of the busiest thoroughfares in New England. Working from home, we hear traffic, sirens, neighbors, the train, people shouting outside, our maintenance crew or the city’s department of public works taking on some project. I hate noise—and communal washing machines, sharing a bathroom, summer heat without central air conditioning, washing dishes by hand, living in three rooms with inadequate storage, and parking three floors down.
Aug 17, 2018
The 7 Things You Absolutely Must Do When Moving Into a Co-Op
Before you pack one box in anticipation of your move to a co-op, you want to be sure you know everything about the building itself, whether it’s quirky rules, upcoming construction, or ongoing squabbles. This will go a long way to easing your move-in process. This will give you a sense of the issues facing co-op owners in the building and give you a heads-up about potential problems upon move in—and how they’ve been handled.
Aug 12, 2018
What Does a “Second Mortgage” Really Mean?
You’ll often hear the term “second mortgage” come up when watching a movie or TV show when a character isn’t in a great financial standing. “They had to take out a second mortgage on their house,” a gossipy character will whisper, describing how their frenemy has fallen on bad times. But second mortgages get a bad rap—though risky, they’re often a great tool to solve financial problems or even wisely get ahead.
Aug 11, 2018
How I Saved $40K in 5 Years for a Down Payment
I purchased a newly constructed three-bedroom, three-bathroom townhome for just under $200,000 in Westminster, Colorado.
Aug 10, 2018
This Bargain Find Saved Me During the Home Buying Process
To say I was a bit stressed out while hunting for and purchasing my first home would be a gross understatement. You see, I’m a planner. I like to know what to expect in any given situation, and having to trust our real estate agent to guide us through the whole process—without having a road map detailing each step of that process—made me a nervous wreck. There seemed to be so many moving parts that it made my head spin.
Aug 6, 2018
5 Staging Moves Real Estate Agents Will Do to Every Home (No Matter How Pretty It Already Is)
Just as you might primp before a first date, it makes sense to glam up your home before introducing it to potential buyers.
Aug 5, 2018
7 Warning Signs Your Real Estate Agent Is a Bad Fit
The market is flooded with real estate agents looking to get your business. So how do you determine which ones to trust and which to kick to the curb?
Aug 3, 2018
The Top 3 Reasons People Don’t Pay Their Mortgage on Time
Even the shiniest silver spoon and the very best intentions aren’t enough to guarantee immunity from financial problems, because, well, sh*t happens. And while you can’t control all the variables that can lead to hard times, you can have command over your response, which, ideally, should look more like a plan than panic.
Aug 2, 2018
Commuter Solutions: The Best Suburbs Close to Los Angeles
With all the Brooklynites flocking to Silver Lake, Echo Park, or Los Feliz, you might be feeling the itch to get out of Central Los Angeles once and for all. Whether you’re looking for lower rents (the average rent across all of Los Angeles’s 272 neighborhoods is $2,251 a month, according to Rentcafé), homeownership opportunities (18 percent of homes in L.A. sell for over a million, according to Curbed), or just more space, there are a glut of nearby options.
Aug 2, 2018
I Was “Househacking” to Pay My Mortgage—Then Things Fell Apart
Essentially we decided to buy the home, rent out the parts we weren't using, and cover our mortgage with the income. But then it got hard.
Aug 1, 2018
Study Says: It’s Easy to Get a Mortgage Again
For many, the path to becoming a first-time homeowner is an uphill climb. Student debt, low wages, high housing prices, and massive down payments can mean putting home-owning dreams on the back burner. But a new report provides a flicker of light for wannabe home buyers: It’s getting pretty easy to land a mortgage again, regardless of these hurdles.
Aug 1, 2018
This Salt Lake City Bungalow Is Full of Modern Touches
The Yale Avenue home might be simple from the outside, but the interior is chock-full of impressive updates. 118 Yale Avenue Located in Salt Lake City, Utah $279,000 1 bedroom, 1 bathroom To be perfectly honest, this house on Yale Avenue isn’t the most glamorous from the outside. The 1925 bungalow is cute enough—with a solid brick exterior and a pretty porch—but it’s the inside that truly impresses.
Jul 30, 2018
The 10 Commandments of House Hunting
Anyone who has gone through the stress of house hunting knows that it can be a challenge of biblical proportions. Though no home buying experience is the same, Maureen Burns with @Properties in Chicago, Illinois, says the right preparation and mindset can help you find the best property with relatively little stress. From not getting hung up on easily-fixed cosmetic features to researching your desired neighborhoods ahead of time, this list of rules is a good guide for house hunters everywhere.
Jul 25, 2018
An Intro to Architecture Styles (Explained Through The Zodiac Signs Because It’s 2018)
When it comes to architecture, there seems to be endless styles to choose from. Have you ever wondered which type is right for you? Interested in your horoscope? Well, what could be more fun than meshing the two? Here, 12 types of homes and their corresponding star match, for millennials’ sake. The free-spirited, unconventional Aquarius would mesh with a Key West-style home.
Jul 22, 2018
3 Signs You Should Check In On Your Neighbor
Maybe you hear seemingly constant fighting and crying through the walls. Or someone is hollering upstairs for a concerningly long time. Or the guy across the hall has suddenly gone radio silent and his mailbox is overflowing. Now, the big question: Are you overthinking or does your neighbor really need help?
Jul 17, 2018
This Is How Long It Takes Most Americans to Save For a Down Payment
It doesn’t matter how much you smash that piggy bank—your first home is going to be really expensive and it’s going to take a long time to save up for that down payment on your own. According to a new study from HotPads, most renters will spend nearly six and a half years saving to put a down payment on a home. Since the median home price in the United States is $216,000, the average 20-percent down payment comes out to $43,200.
Jul 14, 2018
3 Packing Mistakes Professionals See Over and Over
You’ve chosen your moving company and booked the movers, but there’s one thing that still needs to be done before the big day: packing up your belongings. Before you get too excited and begin stuffing your boxes with all your stuff, make sure that you’re setting yourself up for a smooth and efficient move.
Jul 11, 2018
How I Aggressively Paid Off Two Mortgages in Only 15 Years
After watching our parents retire and still have to make mortgage payments on a fixed income, my husband and I decided we would do whatever to prevent that for ourselves. So we approached our mortgages with aggressive and out-of-the-box steps that aren’t for everyone, but definitely worked for us.
Jul 11, 2018
I Lived With My Mom Until I Could Afford My Own House—Here’s What I Didn’t Realize
I worked two jobs for four long years, coming home at the end of the day to the house I grew up in, saving up some cash for a down payment on a house of my own.
Jul 10, 2018
This Is Why I Bought My First Home Sight Unseen
In 2017, 35 percent of people who bought homes did so sight unseen. In 2018, I was one of them. In the midst of purging, packing, and organizing all our things, my husband and I put in an offer on a house in Indianapolis, Indiana—1,500 miles away from our apartment in Denver. We’d been house hunting for a few weeks and always said we’d wait until we moved to put in an offer. So what changed?
Jul 10, 2018
Did You Know These 4 Things Can Affect Your Home’s Value?
From location and lot size to curb appeal and area schools, most people know the most common factors that can affect a home’s property value. However, the list doesn’t quite end there. “Surprisingly, there are many out-of-the-box factors which may not be quite obvious that affect property value either positively or negatively,” says Marlene De Cespedes, director of luxury sales at Douglas Elliman in Miami, Florida.
Jul 7, 2018
5 Signs Your Real Estate Agent Really Knows What You’re Looking for
You’ve heard this piece of home-buying advice time and time again: When it comes to buying property, you should work with a qualified real estate agent. While it may be tempting to go it alone, real estate agents do this for a living and their professional expertise can make a difference. However, you’ve probably also heard horror stories about subpar real estate agents who made the home buying process more of a nightmare than a dream.
Jul 6, 2018
12 Things Good Neighbors Always Do
In a perfect world, your neighbors would be as lovable as Joey and Chandler, as kooky as Kramer, or as beloved as Fred and Ethel. But, in reality, you don’t have to be BFFs to establish great relationships with the folks living next door or down the hall.
Jul 5, 2018
You Might Pay $5K More for a Home With This Seasonal Feature
A new study from Zillow shows that most Americans are willing to pay for this amenity.
Jul 4, 2018
10 Creative Ways You Can Save Money While Moving
You just bought a new home or signed the lease for an apartment you’ve been coveting. Spending your discretionary dollars on a great piece of art or furniture sounds a lot more fun than blowing money on boring moving boxes and tape, right? If only it were that easy: Moving can be a pricey endeavor once you layer in all of the costs associated with professional movers, rented trucks, housing deposits, and miscellaneous fees.
Jul 3, 2018
What Does “Starter Home” Really Mean?
Looking to purchase your first home? Find out what this popular real estate term really means, and how to pick the best one for your needs.
Jun 29, 2018
11 Things You Should Never Ever Do at an Open House
Open houses can be exciting, no matter whether you’re actively house-hunting or just a nosy Nellie. These events offer a pressure-free (okay, mostly pressure-free) way to scout out any homes on your radar—and maybe even find your dream space. But staying on your best behavior at an open house is paramount: After all, the seller’s agent is right there. Act like a loon and they’ll pass on the memo to their client, who may decide not to accept your offer.
Jun 29, 2018
What a 2020 Recession Would Mean for Your Home Buying Dreams
We spoke with real estate and home financing experts to get the full picture.
Jun 28, 2018
What “Move-In Ready” Actually Means
According to the following four real estate professionals, there are several acceptable interpretations of this phrase.
Jun 27, 2018
The 10 Questions Everyone Forgets to Ask at an Open House
The open house circuit can feel stressful and intimidating. You’re filing in and out of strangers’ homes and apartments, hoping this one might be the one. But how can you know? Luckily, those agents—you know, the ones manning the cookie tables, holding piles of business cards—can answer all your burning questions. You just need to know which ones to ask. Here, the top 10 questions to ask at an open house to help determine whether or not the space is right for you.
Jun 26, 2018
What Does “Open Concept” Really Mean?
One of the most sought-after features in real estate today is “open concept.” But, like many popular buzzwords, people seem to mean different things when they use it. So we decided to talk with some real estate professionals to break down what open concept really means, how it originated, and why it’s so appealing.
Jun 24, 2018
You Can Score a NYC Apartment for Under $300,000—Really!
Good news first: It’s actually possible to purchase an apartment in Manhattan for under $300,000 or so. (Yes, an actual apartment—not a closet! And yes, purchase to own, not rent!) Every so often, a Housing Development Fund Corporation (HDFC) co-op unit hits the market, providing a rare, affordable option for prospective homebuyers. But the discouraging news?
Jun 24, 2018
What Everyone Gets Wrong About Millennials Buying Houses
Who had it worse when buying homes: the Boomers or Millennials? It might be a topic that makes Thanksgiving dinner tenuous, but now the argument has an answer. Well, sort of. According to a new report, home-ownership is technically cheaper than it was in the 1980s, but today it’s currently harder than ever to afford a home.
Jun 21, 2018
Is It Better to Pay Down Your Mortgage Faster or Invest?
A couple of weeks ago, we suggested “3 Totally Doable Mortgage Hacks That Could Save You Thousands,” which delved into the money you can save on interest by spending a little bit more money towards your principal over the scope of your home loan.
Jun 21, 2018
This Game Will Make Your Fixer-Upper Dreams Come True
If your standard reaction to watching HGTV is, “I want to do that, too,” but renovating a fixer-upper is out of your budget (and your skill set), there’s a new virtual way you can satisfy that renovation itch—without having to take out a mortgage or hire a contractor.
Jun 20, 2018
Commuter Solutions: The Best Suburbs Close to San Francisco
When you think of San Francisco, your first thoughts may be of cable cars and rows of houses on inclined streets. However, with one of the highest costs of living in the country, San Francisco housing prices can be as steep as its slanted streets. The average small apartment goes for more than $3,000 a month and median home prices top $1.5 million.
Jun 19, 2018
6 Repairs Longtime Homeowners Wish They Did Sooner
You’ve just moved into your home and you have a to-do list a mile long. So should you take on each and every project that eventually needs to be done right now, or is ok to let some simmer on the back burner? We asked longtime homeowners to share the home fix-ups they regret not conquering right away—before life got in the way.
Jun 18, 2018
What Rising Federal Interest Rates Mean for Your Home
On Wednesday, the Federal Reserve raised its benchmark interest rate for the seventh time in two years, signaling continued economic growth and a low unemployment rate. While that might just sound like financial mumbo-jumbo, it could have serious effects on what you pay for your home in the near-future. The benchmark interest, or prime, rate is basically the minimum rate that non-Treasury lenders (a.k.a.
Jun 16, 2018
The 6 Things You Should Do in Your New Kitchen Before You Unpack a Single Thing
Packing up to move is the worst—and the kitchen just may be the trickiest space of your whole house because of all those small, fragile items you have to carefully wrap and contain. On the flip side of that: Unpacking in your new-to-you kitchen (as long as nothing’s broken) is just about the best. I know, because we just moved into a new house and we got to start all over—yay! Starting fresh in a new place is an opportunity to really make that space work for you.
Jun 14, 2018
Want a Tiny Home? Call Your Local High School
Today’s high school shop classes have come a long way from when you were a teen. No longer are you graded on how functional your shelf is or how feathered friends receive your birdhouse. Instead, your big end-of-the-year project is building an entire house: A tiny house, that is. Students in high schools across the country are gleaning marketable skills and giving back to their communities by building real tiny homes in their shop classes.
Jun 14, 2018
8 Key Mortgage Questions Every Buyer Should Ask Their Lender
Buying a house is stressful enough, but when you add in the unfamiliar lingo and mounds of paperwork, it can be overwhelming.
Jun 13, 2018
3 Hidden Things You Must Clean After You Move In
It’s your move-in day and, while it may be more fun to plan all the vintage items you’re going to put in your living room, the reality is that there are certain parts of your new place that need to be cleaned—stat. Even if the past owner hired a professional to deep-clean after they moved, there are some sneaky, behind-the-scenes spaces that should be checked out.
Jun 13, 2018
5 Smart Home Habits You Should Steal from the Best Landlords
If you’ve ever rented before, you know that all landlords are not created equal. While some do the absolute minimum to get your monthly rent check, others do an incredible job at maintaining clean buildings and keeping their tenants’ best interests in mind. Recently, Brick Underground released a list of these amazing landlords. It got me thinking: Who better than a great landlord to give maintenance tips?
Jun 11, 2018
The 5 Best Sources for Prefab Homes
Want to build your dream home from scratch? Don’t want to wait forever and drain your savings? A prefabricated—or prefab—home is the way to go. They’re built in a factory and transported section-by-section to be assembled almost wherever you please—almost like the IKEA furniture of homes. There are many pro and cons to buying prefab homes, and many ways to go about it.
Jun 9, 2018
The Money-Wasting Mortgage Mistake You’re Likely to Make
Property taxes, homeowners insurance, interest, HOA fees—when it comes to your monthly mortgage payment, your loan’s principal doesn’t lack company. Still, few of these additional costs and expenses draw as much ire from a homeowner than private mortgage insurance (PMI.) If you’re begrudgingly shelling out extra cash for a PMI premium, then private mortgage insurance needs no introduction.
Jun 4, 2018
Is It Better to Build a New House or Buy an Existing One?
Should you buy an existing home, or a brand new one? Depending on where you’re looking or what your budget is, you may not have much choice in the matter, as we’ll see below. But what are the pros and cons of each? New homes accounted for just 10% of home sales in 2017, but the majority of home buyers say they would prefer a new construction house to an existing one if given the choice, according to a survey by the (admittedly partial) National Association of Home Builders.
Jun 2, 2018