Saturday, November 10, 2007

Now Can Be the Best Time to Buy a New Home

With the housing market crazier than ever, people are wondering if it's the right time to buy a new home. Well, it all depends on what you are looking for and when are you planning on moving into a new home.

Builders are shaving prices to unload inventory. Every time you see an advertisement for a new home or new community opening up, you will see the prices getting lower and lower. What does this mean? Before the market skyrocketed in Arizona 7 years ago, you could find homes for sale as low as $99,000. In today's market you can also find homes that low.

Where are you going to find these homes and builders that are cutting their prices so low? Some still use their local newspaper while most others go to the Internet. With many local newspapers losing the amount of subscribers they have in circulation; advertisers are pulling out. Where are they moving to? I have done some research to find out that most advertising is moving to the Internet. However, Internet advertising is a little different than advertising in the newspaper.

Home builders are advertising with websites that use MLS listings. Many of these websites require you to sign up and then have a Realtor call you about a day later. On these websites you search through homes and communities that meet your needs.

So what about the simple ads that tell you what upgrades builders are offering? Or, what kinds of incentives and deals are these builders willing to offering?

The best time to buy is really anytime. There is always a special offer out in the market every week by one or more home builders. They regularly do seasonal specials such as, Halloween specials or holiday savings.

I have found that you can find these specials at one website that is constantly updating the best deals in the market. There are many online real estate sites but only a select few online really show weekly and monthly specials. On this website I have found newspaper-style ads, showing homes as low as $100,000.

As I said before now is really good time to buy, just go online and find great homes with great prices from one of the many websites in the changing real estate market.

Paul is a principal of NewHomesSection.com. Search New Homes Arizona, Arizona Home Builders and Arizona Real Estate today!




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