New Home Builder Confidence Highest Since 2005

5.0.2
The National Association of Home Builders/Wells Fargo Housing Market Index released its statistics for September 2014 and reports builder confidence in the U.S. market for newly built, single-family homes rose for the 4th consecutive month. The gain for new construction is the highest rating since November 2005.

The monthly survey index gauges the builder’s perception of home sales for the next six months and rating prospective buying traffic. Read more about this topic here.

Interested in building a new home? Look at Sibcy Cline’s builders and developments here.

New Construction Coming Back to Greater Cincinnati and Dayton, Ohio

Construction

New homes are coming back to the market once again. See these statistics on new home starts in Cincinnati and Dayton, Ohio:

Cincinnati, Ohio
Home-building permits for Southwest Ohio (including Hamilton, Butler, Warren and Clermont Counties) increased 41% for the first quarter of 2013 as compared to the same time in 2012. Read the article by Tom Demeropolis of the Business Couirer here.

Dayton, Ohio
In March 2013, local builders had 167 permits (up from 139 in March 2012). Look at the Dayton Region Residential Building Permits report here.

Interested in a new home or condominium?
See Sibcy Cline’s Builders and Developments here.

It's Homearama Time!

Homearama 2011 in Foxborough

Summer is almost here and a huge tradition for June is back on track with Homearama. This year’s home show is located in Foxborough in West Chester Township.

The show runs from June 11-26, 2011 and features five newly built homes priced from $672,000 to $1,000,000+.  Three homes have already sold leaving two available for purchase.

Have you ever considered building a new home? As a REALTOR®, we offer valuable guidance on this multi-faceted type of purchase.

Many people do not realize how a cooperative effort between a new home buyer, the REALTOR® and the builder benefits everyone involved in the construction process.  By working with a REALTOR®, you have a central resource about dozens of new home communities and access to information about those new homes and their builders.

There is a common misconception that be eliminating a REALTOR® from the transaction that a buyer can save the equivalent of that agent’s commission on a new home. In fact, many of our area builders value the well-qualified buyers brought to them by REALTORS® so much so that sales agent commissions are considered part of the builder’s promotional budget rather than a negotiable component of a home’s purchase price. The bottom line is that buyers probably will not receive any discount on the purchase of a new home by not working with an agent.

Even more important, new home buyers with agent representation will have an experienced real estate professional representing them and negotiating on their behalf. These professional services save buyers time, supplying them with more complete market information and allow them to find new homes at the best price with less hassle.

From understanding complicated issues to conducting negotiations, having a trained real estate professional on your side can make all the difference in owning a newly built home.

We hope you attend Homearama this year and see the show! Sibcy Cline Realtors also represents many fine builders throughout the area at many price points and home styles.