Buying New Bloomfield Hills Real Estate? You’re Not Alone!

Posted in Bloomfield Hills Real Estate by Michigan Real Estate Expert on August 27th, 2012

If you are considering buying new Bloomfield Hills real estate, you may have more fellow buyers than you might think. According to the census report released in May, over the last year, sales of new, single-family homes have increased by 19.8%!

This positive sign for the housing market, and its economic ripples into other sectors, are signs of life for a reviving economy. As such, this means investing in new Bloomfield Hills real estate right now could be a wise investment.

Buying new construction over existing homes has advantages you may not have considered:

  1. You choose the options: Depending on the builder of your new home, and how far along he is in the construction process, you may be able to change floor plans and interior design options that you would have to live with in existing homes.
  2. Flexible closing dates: Because you are negotiating with the builder, and not the current homeowner, you may find more flexibility in setting a closing date that works for your schedule.
  3. Energy Savings: New home construction often uses more energy-efficient approaches to building and newer, more efficient appliances. If your home is Energy Star certified, it could be up to 30% more energy efficient than an older home.
  4. Fewer Repairs: The odds are that a new home will need substantially fewer repairs to its structure, appliances, HVAC, roof and other big ticket items than a 20-year-old home will need.

If you’re looking for more information on new Bloomfield Hills real estate, I can help. Give me a call today at 248-514-2640 or email me at info@NorthWoodwardHomes.com.

Lee Morof
Associate Broker/Certified Distressed Property Expert/Attorney
RE/MAX Showcase Homes, Birmingham, Michigan
www.NorthWoodwardHomes.com

Leave a Comment