Is Now the Right Time to Buy a Home? Here’s Why New Construction May Be Your Best Option

With mortgage rates on the higher end and housing inventory tight, many buyers are wondering: Is now the right time to buy a home? The answer depends on your goals, but if you're looking for less competition, better incentives, and a smoother buying process, new construction homes may be the best choice!

Why New Construction May Be a Smarter Choice in Today’s Market

1. Builders Help Cover Costs (Including Agent Commissions!)

One major advantage of buying a new construction home is that many builders will cover all or part of the buyer’s agent commission—something that’s becoming less common in resale transactions since the new NAR lawsuit and ruling. This means you get expert representation without additional out-of-pocket costs.

Plus, builders often offer incentives such as:
✔️ Closing cost assistance if you use their preferred Lender
✔️ Discounted interest rates (builder rate buydowns)
✔️ Upgraded features at little to no cost

These benefits can save you thousands compared to buying a resale home where you may have to negotiate everything and let's not talk about having a Seller who does not want to budge.

2. No Bidding Wars or Buyer Fatigue

One of the biggest frustrations buyers face in the resale market is competing with multiple offers and getting outbid. With new construction, you don’t have to worry about that! Builders typically release multiple homes in phases, meaning there’s less pressure and more opportunity to find a home that fits your needs.

3. Inventory Will Be Available for Over a Year

Unlike resale homes that can be snatched up in days, new home communities are planned developments with homes being built in phases. Depending on the size of the subdivision, builders will have inventory available for a year or more, giving you time to:
✅ Plan your move
✅ Customize your home’s finishes
✅ Take advantage of builder incentives as new phases open

4. Move-In Ready & Energy Efficient

New construction homes come with modern layouts, energy-efficient features, and brand-new appliances—saving you money on maintenance and utility bills. Plus, most new homes come with a builder’s warranty, giving you peace of mind that you won’t face costly repairs right after moving in.

Find Your New Construction Home Today!

If you're considering buying a home in Richmond, Henrico, Chesterfield, Short Pump, Ashland, or surrounding areas, now is the perfect time to explore new construction options. Check out the latest available homes here:

🌐  Search New Construction Homes Here!

📞 Call/Text: 877-961-4JOY (4569)
📧 Email: Realtor@ShaundaJoyHowerton.com

Skip the bidding wars, avoid unnecessary stress, and get the home you truly want with the benefits builders offer! Let’s find your perfect home today!