Deciding Whether or Not to Build a Home or Buy One? Here Are Things to Think About

San antonio realtor

Whether you are buying your first home or building a home to be sold on the market later, you’ll certainly be concerned with choosing a realtor who inherently understands your goals and will work hard to realize them. When it comes to building vs buying a home, it may be a better buyers’ market than a seller’s market at this point.

This is the case in part because after the housing bubble collapsed, the value of American homes has been reduced by about $6.3 billion. This helps lead to more reasonable housing prices and greater accessibility when it comes to purchasing a home.

As an example, the Texas city of San Antonio has seen the sale of houses rise by about 27% between the months of June and July of this year. This is made even more significant by the fact that as the third largest Texas city and the 24th largest nationally, San Antonio has a population of about 1.3 million, as reported by the United States Census Bureau.

All that said, the housing market is showing signs of promise for those who are thinking about selling a home. While year’s end in 2012 witnessed homes being sold for prices significantly below their original list prices, 2013 has seen the difference between list price and selling price lessening, which indicates that the market as a whole is becoming more stable.

If you have further questions, comments, or recommendations to others who are weighing options regarding building vs buying a home, feel free to share your thoughts in the forum below. Visit here for more information.

Leave a Reply