New home inventory is up in the Houston area; that means good deals!
By Rose King, Friendswood / Pearland / Houston Bay Area
(David Tracy Real Estate)
New-construction inventory in Houston is getting better, so you know what that means… there are good deals to be made!According to Stewart Title Chief Economist Ted Jones, there are now an estimated 470,000 unsold new homes under all states of construction in the United States. This is up 21% over last year, and it is the largest inventory seen since March of 2008.In our area, most builders have a lot of unsold homes under construction or ready to move into, compared to a year ago when there were hardly any inventory homes available.This is great news for Houston area buyers. But, if you are thinking about purchasing a new-construction home, there is something important you should know. You NEED to use a Realtor to help you with the purchase!Please don’t visit the model home without che...
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