A real buyer's opportunity
A real financial opportunity
A real pricing opportunity
A real choice opportunity
A real quality opportunity
A real local opportunity
A real limited opportunity

A Real Buyer's Opportunity

We are in a buyer's market today in part because there's a surplus of new homes available. Why? "Investors drove prices to new heights in the first half of the decade, so they could flip purchases for profit," says Maya Roney in an article at BusinessWeek.com. Builders started more and more new homes to meet the increasing demand. Then, as investors found it more difficult to turn an instant profit by "flipping" new homes, they began leaving the market. The result is excess inventory. Once that inventory is absorbed, the market is expected to return to normal - which for Central Florida means strong but sustainable.

But what about those surplus homes?

Builders would like to sell them before they pick up the pace of new construction. That's why now is the perfect time to buy a new home. Builders are currently offering unprecedented opportunities to buyers by discounting homes, giving away options and upgrade packages, adopting creative financing plans, paying closings costs, fees and taxes and much more.

While the surplus certainly plays a large role in today's buyer's market, there are several additional reasons why this is a uniquely advantageous time to buy a new home.

Related Articles

Q & A Housing Market Myth Versus Reality

Separate the myth from the reality of the housing market.

What's stopping you from buying a new home?

If you're like a lot of people, you may be having trouble parting with — or selling — your current home. Without the proceeds from the sale, you can't swing the new purchase.

Economists predict that next year will be tough

Some metros will hold up nicely and the future may not be as gloomy as some fear.