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Compared to 2014, 2015 has certainly seen a rise in new construction. We have huge gains in new builds, and there are many new developments coming online as well. Those developments are going up primarily on the west side of town.
When considering new construction, it's very important to have a real estate agent who is well-versed in the industry. There are so many things that go into building; thousands of parts go into a new home. From lots and developments to different builders and the home itself, it's important to have an adviser who protects your interests.
Financing is also a huge consideration. There are products you can get that lock in your rate when you start the home building process. That way, you know what your payments will be, and you know what the interest rate will be.
If you have any questions about today's topic, or about real estate in general, please give me a call or shoot me an email. We'd love to hear from you!