HomeSmart Corporate Headquarters
8388 East Hartford Drive, Suite 100
Scottsdale, AZ 85255
8388 East Hartford Drive, Suite 100
Scottsdale, AZ 85255
Sonji Muhammad's Blog
Existing Home vs. New Build
Posted On: July 8th, 2020 5:47PM
As of July, 2020 mortgage rates were at a record low rate (as low as 3% on 30 year loan). This will enable Buyers to get more home for their money.
On the other side its a Seller's market. Many Seller are holding on to their properties so inventory is low. This is a good time to look into a new build.
Check out this article from Forbes on the pros and cons of buying a new building home.
