10 + New Home Communities and Builders in Atlanta
KNOWAtlanta offers a great list of builders and new home communities to choose from when looking for your new home in Atlanta read more
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The end of the year is right around the corner, and while you may not realize it, this could be the perfect time to find the home of your dreams. For starters, metro Atlanta is enjoying a buzzing residential housing market, with new home construction on the rise. In fact, according to Metrostudy, which gathers data on the housing and residential construction industry, single-family new home construction in the metro area was up in the second quarter of 2018, increasing to 8.3 percent, or 7,081 units. Additionally, closings on new home construction was up to 13 percent, or 6,634 new homes sold in 2Q18 versus 5,864 in 2Q17. And builders are continuing to seek out new location opportunities, reaching into such counties as DeKalb, South Fulton, Paulding and Hall, which have a higher number of available lots and a strong demand for new homes.
Of course, the growing demand for new homes doesn’t mean that you can’t find a good deal. Actually, many builders look to November and December as the ideal time to entice buyers with incentives, helping these companies finish out the year on a good note. As both Money-Zine.com and Realtor.com reveal, common builder incentives you can expect to see include, but are not limited to, the following possibilities.
Typically, the incentives offered are based on the amount of inventory a builder has available and the state of the market at the time of the purchase. Also, buyers often must meet certain qualifications to receive builder incentives, including using the builder’s preferred lender or in-house financing. Therefore, it’s key to understand all of the stipulations associated with the incentives being offered by your builder.
If you currently are house hunting and have your heart set on new construction, be sure to contact some of Atlanta’s most prominent homebuilders and local communities and ask about end-of-year incentives that may help you finish out 2018 in a brand new residence.
KNOWAtlanta offers a great list of builders and new home communities to choose from when looking for your new home in Atlanta read more
If you’re new to having a new home built, then you may not know what to expect as the process progresses. So, we asked a number of local homebuilders what you should anticipate during the homebuilding process. read more