Archive for June, 2011

Is This The Best Time To Buy A New Home? Yes!

Posted by Mitch on June 23, 2011
National Home Builders / No Comments

by gardener41 via Flickr

Back in 2009, when the housing market seemed to really take a tumble, many analysts said that they believed the housing market would be in bad shape through the end of 2011. That sounded pretty bad, and even now that still sounds pretty bad since we’re halfway through the year.

Unfortunately, overall things haven’t improved all that much. Some states are showing a bit of recovery from problems, like California, but others are still struggling, and even those markets that weren’t affected as much by the housing distress are now having issues as their sales are fairly flat.

It begs this question; is this really the best time to buy a new home? That answer is “yes”, emphatically, and I’m going to give 4 reasons why.

1. Interest rates are very low. In many states mortgage lenders have rates as low as 3.99%; that’s phenomenal! Sure, many of them have tightened standards for giving out loans based off the crisis but if you can qualify for one you’ll be sitting pretty.

2. Even though 51% of all home sales nationally are of foreclosed homes, that’s not really such a bad thing. Some of the foreclosed homes were never lived in, while some of them were lived in for only a short period of time. Also, it means that in many states home sales are starting to outpace the rate of foreclosures, and that means that there will be a bigger demand for new homes at some point.

3. Home builders are still building new communities. We’ve read about homes being built in Texas, New York, California and many other states with the expectation that there will be buyers for those homes, and there seems to be. Those buyers that qualify for the low mortgage rates are finding that they’re able to get great deals on new homes as opposed to buying pre-existing homes, as well as negotiate for options and amenities that might have cost too much in the past.

4. Home builders are also offering deals you’ve never imagined before. For instance, Toll Brothers is offering up to $4,000 in airfare and vacation accommodations if you purchase a home in one of their communities in Florida. Other home builders are offering major discounts and free upgrades as enticements. Frankly, this is probably one of the best times in history for a buyer to feel special.

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New Tradition Homes – “We Build Anywhere”

Posted by Mitch on June 10, 2011
Home Builders in Washington / No Comments

New Tradition Homes is a home builder based in Vancouver, WA, that builds homes throughout both Washington state and Oregon. Their motto is “we build anywhere”, and that means that they’re not concerned with building their own home communities, but customizing and building homes wherever a potential homeowner wishes to live.

This is a family owned home building business, in existence since 1987. It’s one of the largest home builders in Washington, while establishing themselves in Oregon as well. They have built homes in dozens of neighborhoods while also owning a realty company that will sell homes built by other. They also partner with many different companies to help keep costs down and verifies the bonafides of each of these companies.

Even though they have plenty of floor plans already available they will also build customized homes for those who request them. Otherwise they have 32 preexisting floor plans ranging from 2 to 4 bedrooms and 2 to 4 bathrooms and square footage ranging from as low as just over 1,000 to around 3,100.

What they’re also known for are their customer service initiatives. They have numerous testimonials on their site, including many compliments about their Energy Star and “Built Green” homes as well as the quality amenities and extras they can offer.

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