{"id":270,"date":"2019-11-06T01:52:10","date_gmt":"2019-11-06T01:52:10","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=270"},"modified":"2019-11-06T01:52:12","modified_gmt":"2019-11-06T01:52:12","slug":"planning-on-buying-a-home-be-sure-you-know-your-options","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/planning-on-buying-a-home-be-sure-you-know-your-options\/","title":{"rendered":"Planning on Buying a Home? Be Sure You Know Your Options."},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"750\" height=\"410\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/11\/20191105-KCM-Share.jpg\" alt=\"\" class=\"wp-image-271\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/11\/20191105-KCM-Share.jpg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/11\/20191105-KCM-Share-300x164.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><figcaption>Couple hugging and holding keys in new home<\/figcaption><\/figure>\n\n\n\n<p>When you\u2019re ready to buy, you\u2019ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/10\/29\/thinking-of-selling-your-home-the-waiting-is-the-hardest-part\/\">existing home inventory<\/a>&nbsp;available today, especially in the starter and middle-level markets, many buyers are considering a new home that\u2019s recently been constructed, or they\u2019re building the home of their dreams.<\/p>\n\n\n\n<p>According to Robert Dietz,&nbsp;<em>Chief Economist<\/em>&nbsp;at the&nbsp;<a href=\"https:\/\/www.nahb.org\/news-and-publications\/press-releases\/2019\/10\/builder-confidence-hits-20-month-high.aspx\" target=\"_blank\" rel=\"noreferrer noopener\"><em>National Association of Home Builders<\/em><\/a><em>&nbsp;(NAHB)<\/em>,<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><em>\u201cThe second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<p>This is great news for homebuyers because it means there is additional&nbsp;<a href=\"https:\/\/www.nahb.org\/news-and-publications\/press-releases\/2019\/10\/new-home-sales-remain-stable-in-september.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">inventory<\/a>&nbsp;coming to the market, giving buyers more choices. The most recent data from NAHB shows,<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><em>\u201cThe inventory of new homes for sale was 321,000 in September, representing a 5.5 months\u2019 supply. The median sales price was $299,400. The median price of a new home sale a year earlier was $328,300.\u201d<\/em><\/p><\/blockquote>\n\n\n\n<p>Another added bonus is that builders are very aware of buyer demand in this segment, so they\u2019re now building in a price range where there are more interested buyers ($299,400 instead of $328,300). With a reduced sales price and low-interest rates, today\u2019s buyers have strong&nbsp;<a href=\"https:\/\/www.mykcm.com\/2018\/07\/12\/house-buying-power-at-near-historic-levels\/\">purchasing power<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h3>\n\n\n\n<p>If you\u2019re thinking of buying a home, you may want to consider a new build to meet your family\u2019s needs. Let\u2019s get together to discuss the process and review what\u2019s available in our area.<\/p>\n\n\n\n<p>Contact us:<br><a href=\"https:\/\/phphouses.com\/\">PHP Houses<\/a><br>142 W Lakeview Ave<br>Unit 1030<br>Lake Mary, FL 32746<br>Ph: (407) 519-0719<br>Fax: (407) 205-1951<br>email: <a href=\"https:\/\/phphouses.com\/contact.html\">info@phphouses.com<\/a><\/p>\n\n\n\n<p>Let&#8217;s Connect:<br><a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br><a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-71b2422a\/\">Linkedin<\/a><br><a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br><a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you\u2019re ready to buy, you\u2019ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited&nbsp;existing home inventory&nbsp;available today, especially in the starter and middle-level markets, many buyers are considering a new home that\u2019s recently been constructed, or they\u2019re building the home&hellip; <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/planning-on-buying-a-home-be-sure-you-know-your-options\/\">Finish Reading<span> Planning on Buying a Home? Be Sure You Know Your Options.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[38,15,18,27,57,52,9,49,40,20,24,48,13,28,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/270"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=270"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/270\/revisions"}],"predecessor-version":[{"id":272,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/270\/revisions\/272"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}