Less new homes have been sold in the last year or so, due to home buyers finding foreclosed homes more affordable in light of the recent recession. Research in the property market has however established that buyers now prefer \’green\’ homes to luxury homes with non-green additions.
An astounding forty nine percent of potential home buyers preferred energy saving devices such as solar energy panels to luxury features, which were preferred by only thirty one percent of people interviewed.
A safe neighborhood is also a very important factor. New homes should preferably be in low crime areas and should also be close to their workplace. A mere 6% of interviewees are willing to sacrifice their close access to shopping facilities, whilst only 3% of them are willing to sacrifice the proximity to public transport.
A significant amount of respondents, as compared to prior surveys would sacrifice their personal comforts to enable themselves to purchase new homes.
Despite the fact that 81 percent of interviewees will face significant financial difficulty when they purchase new homes, a positive change is predicted in the property market after the US elections.
Many respondents wish to buy a new home in the next 5 years and with the recession coming to an end; it may now be time to do just that
It is an amazing feeling when you buy your first home. Buying \’off the plans\’ is better still as you get to choose from so many options, from designs, to colors, tiles and fixtures.
Developers specializing in new homes hire their own real estate agents that are paid a commission to represent them. The high volume of new home developments means that real estate agents who sell for new developments earn a significantly lower percentage of commission on new homes than on normal home sales which means that some use high-pressure tactics to try persuade prospective buyers to sign the sales contract. It is therefore a wise move to choose your own real estate agent who will have your interests at heart and therefore tell you about drawbacks associated with the sale of this property.
A developer\’s agent may be less likely to disclose some of the negative aspects to you.
Developers often prefer their own lender, as they will keep the developer fully informed of your personal progress. Be sure to find a reputable lender who you feel comfortable with.
\’Green\’ homes are preferable to many. Select a real estate agent interested in green issues and the environment. This will ensure that your green home will be perfect for you.
Be sure to find a house of the right size for your family, as green homes are generally smaller than conventional homes.
Green homes make use of solar power in order to generate energy and they use low flow toilets which save water. Double paned windows keep the homes ventilated. The other building materials used for green homes are made from materials that promote environmental friendliness and have no negative effects on the ecosystem.
Go ahead and buy your new residence – it will be an investment in your future and that of your family\’s.
Buying a new house is often a convenient reason for relocation. As such, prospective buyers may be interested in finding a Guelph home or a Kitchener new home.
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