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Noel Veitia

NMLS ID 277729

305-851-5225 nveitia@dgpinnacle.com

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Blog Image: The 2 Surprising Things Homebuyers Really Want

The 2 Surprising Things Homebuyers Really Want

In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’s a look at the two surprising things buyers seem to be searching for in today’s market, and how they’re impacting new home builds. Homebuyers Are Not Giving Up Their Garages The National Association of Home Builders (NAHB) recently released ...

January 21st, 2020 | For Sellers, New Construction, The 2 Surprising Things Homebuyers Really Want

Blog Image: Planning on Buying a Home? Be Sure You Know Your Options.

Planning on Buying a Home? Be Sure You Know Your Options.

When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building the home of their dreams. According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), “The second half of 2019 has seen steady gains in single-family construction,...

November 5th, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction, Planning on Buying a Home? Be Sure You Know Your Options.

Blog Image: ¿Planeando comprar una casa? Asegúrese de conocer sus opciones

¿Planeando comprar una casa? Asegúrese de conocer sus opciones

Cuando esté listo para comprar, tendrá de determinar si usted prefiere el encanto de una casa existente o el aspecto y como se siente en una casa recién construida. Con un inventario limitado de casas existentes disponibles hoy, especialmente en el mercado de iniciación y medio nivel, muchos compradores están considerando una casa que fue construida recientemente o están construyendo la casa de sus sueños.   Según Robert Dietz, economista principal de la Asociación nacional de constructores de vi...

November 5th, 2019 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction, ¿Planeando comprar una casa? Asegúrese de conocer sus opciones

Blog Image: Housing Supply Not Keeping Up with Population Increase

Housing Supply Not Keeping Up with Population Increase

Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in 1990 to a pre-recession peak of 2.16 million in 2005). According to Apartment List, “From 1990 to 2005, the number of single-family permits issued more than doubled, while the number of multi-family permits grew by 49 percent.” When the h...

August 20th, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Housing Supply Not Keeping Up with Population Increase

Blog Image: Do You Prefer the Charm of an Existing Home?

Do You Prefer the Charm of an Existing Home?

When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams? According to a recent survey by Zillow, of the 38% of total buyers that added new construction to their list, only 11% ultimately purchased a newly constructed home! They added that 71% of these buyers are repeat buyers who are financially secure, with 45% using the money from the sale of their previous homes to make a pur...

January 28th, 2019 | New Construction, For Buyers, For Sellers, Move-Up Buyers, Do You Prefer the Charm of an Existing Home?

Blog Image: New Home Sales Up 12.7% From Last Year

New Home Sales Up 12.7% From Last Year

According to the latest New Residential Sales Report from the Census Bureau, new construction sales in August were up 3.5% from July and 12.7% from last year! This marks the second consecutive month with double-digit year-over-year growth (12.8% in July). The report also showed that builders have ramped up construction with an increase in new construction starts and completions. The summer months are often a busy time for builders as they capitalize on the warmer weather to be able to finish projects. Below is a table showing the change in starts, completions, and sales fr...

October 19th, 2018 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, New Construction, New Home Sales Up 12.7% From Last Year