Listing Inventory is way down, would you consider building new if prices were similar to a pre-owned home?

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Evelyn Johnston, The People You Know, Like and Trust! (Friends & Neighbors Real Estate)

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Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning Evelyn. If there is strong demand and inventory is extremely low, yes I would.

Jan 18, 2016 05:01 PM

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Mary Yonkers

Erie, PA
Nina Hollander, Broker

Charlotte, NC

Rainmaker
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Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

Sure, if I had the time. I've built two homes in the past 14 years.

Jan 18, 2016 08:03 PM

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John McCormack, CRS

Albuquerque, NM

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Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

That doesn't seem possible. Good luck.

Jan 18, 2016 05:35 PM

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John McCormack, CRS

Albuquerque, NM

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Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

I personally would not. It's really challenging here because of limited acreage for sale and the high costs of land. You really have to have patience, and do your due diligence. But for the right situation and person, it could be worth it

Jan 18, 2016 12:43 PM

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Nina Hollander, Broker

Charlotte, NC

Rainmaker
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Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

Absolutely, that is highest and best.

Jan 18, 2016 11:31 AM

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Nina Hollander, Broker

Charlotte, NC

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Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

sure.

Jan 18, 2016 11:21 AM

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Nina Hollander, Broker

Charlotte, NC

Rainmaker
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Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

Absolutely!!

Jan 18, 2016 11:07 AM

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Nina Hollander, Broker

Charlotte, NC

Rainmaker
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Captain Wayne - Rowlett Real Estate School

Rowlett Real Estate School - Panama City, FL

Rowlett Real Estate School / Owner and Instructor

Absolutely

Jan 18, 2016 11:04 AM

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Nina Hollander, Broker

Charlotte, NC

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Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

Of course!

Jan 18, 2016 10:59 AM

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Nina Hollander, Broker

Charlotte, NC

Rainer
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Melissa Jackson REALTOR

Trinity Premier Properties - Azle, TX

Helping You Make The Right Move

Yes, I believe new construction is very attainable for many more now then in the past.

Jan 18, 2016 10:57 AM

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Nina Hollander, Broker

Charlotte, NC

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Noah Seidenberg

Coldwell Banker - Evanston, IL

Chicagoland and Suburbs (800) 858-7917

New construction is making a big comeback these days.

Jan 18, 2016 10:56 AM

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Nina Hollander, Broker

Charlotte, NC

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Candice A. Donofrio

Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ

928-201-4BHC (4242) call/text

I much prefer a new build.

Jan 18, 2016 10:53 AM

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Nina Hollander, Broker

Charlotte, NC

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Sybil Campbell

Fernandina Beach, FL

Referral Agent Amelia Island Florida

I would if it was the only way I could get what I want.

Jan 18, 2016 10:49 AM

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Nina Hollander, Broker

Charlotte, NC

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Troy Erickson AZ Realtor (602) 295-6807

HomeSmart - Chandler, AZ

Your Chandler, Ahwatukee, and East Valley Realtor

Evelyn - I believe most people would prefer a brand new home if given the choice, and all other things being equal.

Jan 20, 2016 02:18 AM

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

I would probably just stick with what i had if the home I was looking for was not available at a good price.

Jan 19, 2016 09:08 AM

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Rainmaker
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David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation

Colorado Real Estate Advisers LLC - Colorado Springs, CO

Relocation, Luxury & Lifestyle residential

Evelyn,
Here, new home construction is always more per square foot than buying resale. And new is out on the edge of town.

Jan 19, 2016 02:57 AM

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Rainmaker
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Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

Buyers in my market will consider new first if it is in their price range. I would too.

Jan 19, 2016 01:52 AM

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Rainer
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LUXURYSOCALREALTY COMPASS La Jolla

Compass - La Jolla, CA

San Diego Partner - The Private Client Network

Hi Evelyn absolutely. Then you can get everything just right

Jan 19, 2016 01:00 AM

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Rainmaker
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John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

Honesty, Integrity, Results, Experienced. HIRE Me!

Yes I would and Debbie would be all over it!

Jan 19, 2016 12:11 AM

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Rainmaker
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Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

One of the most satisfying experiences is either building new or buying new

Jan 18, 2016 10:32 PM

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Rainmaker
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Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

Sure - in fact - sometimes that's the case here...

Jan 18, 2016 10:12 PM

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Roy Kelley

Retired - Gaithersburg, MD

Only if I had Debbie Reynolds as my agent.

Jan 18, 2016 10:11 PM

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Michael Thacker - Re/Max Real Estate Center - Louisville

Re/Max Real Estate Center - The Thacker Group - Louisville, KY

Your best friend who just happens to be a Realtor

Land is the culprit here. You can build new, but the land in the areas that people want to live is very expensive, so the home is once completed.

For the cheaper land, you have to have too much of it (acreage), and too far out of Louisville in many clients eyes.

Jan 18, 2016 10:09 PM

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Rainmaker
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Mary Yonkers

Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA

Erie/PA Real Estate Instructor

Personally, NO. Professionally I would definitely give my buyers the option. It is their decision

Jan 18, 2016 09:08 PM

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Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

Even our new construction is down with how long it takes for approvals to build

Jan 18, 2016 09:02 PM

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Brenda Mayette

Miranda Real Estate Group, Inc. - Glenville, NY

Getting results w/ knowledge & know-how!

Yup!

Jan 18, 2016 08:38 PM

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TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

Good morning Evelyn Johnston . The trouble with newer homes is that they are thrown up like a cat throws up a furball. They are almost the same consistency.

Jan 18, 2016 06:06 PM

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Rainmaker
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Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

Evelyn Johnston - to build the inventory, check Buffini & Company 's Instant Inventory! You can create one in your market....

Good Luck.

Jan 18, 2016 03:19 PM

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Good morning Evelyn. If there is strong demand and inventory is extremely low, yes I would.
Sure, if I had the time. I've built two homes in the past 14 years.
I personally would not. It's really challenging here because of limited acreage for sale and the high costs of land. You really have to have patience, and do your due diligence. But for the right situation and person, it could be worth it
Yes, I believe new construction is very attainable for many more now then in the past.
Evelyn - I believe most people would prefer a brand new home if given the choice, and all other things being equal.
I would probably just stick with what i had if the home I was looking for was not available at a good price.
Evelyn,
Here, new home construction is always more per square foot than buying resale. And new is out on the edge of town.
Buyers in my market will consider new first if it is in their price range. I would too.
Hi Evelyn absolutely. Then you can get everything just right
One of the most satisfying experiences is either building new or buying new
Land is the culprit here. You can build new, but the land in the areas that people want to live is very expensive, so the home is once completed.

For the cheaper land, you have to have too much of it (acreage), and too far out of Louisville in many clients eyes.
Personally, NO. Professionally I would definitely give my buyers the option. It is their decision
Even our new construction is down with how long it takes for approvals to build
Good morning Evelyn Johnston . The trouble with newer homes is that they are thrown up like a cat throws up a furball. They are almost the same consistency.
Evelyn Johnston - to build the inventory, check Buffini & Company 's Instant Inventory! You can create one in your market....

Good Luck.