I’m sure it’s no surprise to you that Atlanta is continuing to grow rapidly. Georgia was among the Top 10 fastest growing states in 2017. In 2018, job and population growth are expected to increase even more than last year. (Could you imagine the increase if we got Amazon HQ2?!).
So with the lack of inventory in the housing market, average 2.6 month supply, where will all of these new and current home seekers find a home? Recently, home builders have taken notice to the influx of new residents and new construction homes are expected to grow by 16%. WOW!
New construction is great, but did you know that you should still be represented by a Buyers Specialist for your transaction? Some buyers think it’s easy to walk in the model homes, choose the floor plan you like, sign papers and Voilà your home appears! Occasionally that works, but the majority of the time you will need some advice along the way. Buyer Specialists have a lot of tips and strategies to make your new construction home purchase much smoother. We will even be able to negotiate some items that you were not aware could be negotiated.
We have helped our clients find and move into new construction homes numerous times and would love to help you find a new construction home this year. So while the resale housing inventory is down, let’s go find something new! Call us today and we’ll partner you with a great Buyers Specialist to help you with your search.
Written by Brennan Ballard, Buyer Specialist, The Peters Company