If you're in the market for a new construction home in Dallas, now is a great time to buy.
Builders are struggling to sell homes due to rising interest rates, which presents a unique opportunity for buyers. In this blog post, we'll discuss why now is a great time to buy a new construction home in Dallas and how you can take advantage of the current market conditions.
As you may know, interest rates on mortgages have been on the rise lately. This has caused problems for home builders, who are struggling to sell homes that had already been under contract. Buyers are backing out of their contracts because they can't qualify for the higher interest rates and there aren't as many new buyers that do qualify. This has put some builders in a tough spot and created an opportunity for savvy buyers to get a great deal on a new construction home.
With all of the unbelievable incentives builders are offering, now is the time to buy new construction in Dallas!
Builders are offering fantastic incentives like paying buyers’ closing costs and paying down their interest rates. Some builders are offering free refinances for when interest rates go down. They will happily consider types of financing that are difficult to use in a competitive market. Buyers who have been unsuccessful in the past are not only getting their offers accepted, they’re also getting fantastic deals!
In conclusion, now is not the time to wait if you’re hoping for new construction in the DFW area
Builders are struggling to sell homes due to rising interest rates, which presents a unique opportunity for buyers. If you're interested in taking advantage of the current market conditions, call us today! We'll help you find the perfect new construction home - at a price you can afford.