New Construction Can Be a Good Choice for Homebuyers in South Carolina

Are you delaying your plans to sell due to concerns about finding the right home for your move? It might be the perfect time to explore the option of a newly built home, especially with the assistance of AgentOwned Realty, your local real estate expert in South Carolina and the best brokerage in Charleston, SC, known for its top-rated real estate agents.

Record Percentage of New Home Inventory: Newly built homes are gaining prominence in today's housing market, accounting for 31% of total homes available for sale in November, well above the historical average of approximately 12%. This surge in new homes offers an excellent opportunity for homebuyers.

Rise in Housing Starts and Completions: Recent data from the Census indicates an increase in housing starts and completions, showcasing the growing trend of new construction. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), emphasizes the need for even more home construction to address the persistent housing shortage in most markets.

Benefits for Homebuyers: With the supply of existing homes still limited, the surge in new-home construction provides more options for your home search. Imagine moving into a home that is brand new, with modern appliances, fresh paint, and minimal maintenance needs. Some builders are even offering mortgage rate buy-downs, making your dream home more affordable.

Expert Guidance: Partnering with a trusted real estate agent from AgentOwned Realty is crucial when buying from a builder. They understand the local market, ensuring a smooth process from coordinating with the builder to reviewing contracts.

Bottom Line: If you're struggling to find the ideal home and are considering selling, connect with AgentOwned Realty. As your local expert, we'll help you explore all options, including the newly built homes available in South Carolina, providing you with the guidance needed for a successful move.