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Build New or Buy Resale?


Q. I can't decide if I should build new or buy an existing home. Can you help?


A.  A recent industry poll showed 9 out of 10 buyers would build if given the choice.  But with new homes taking a year on average to be completed, do you have the time to wait?  Add in the market uncertainty we are forecasting for 2020, you need to weigh the pros and cons of waiting.  There are some great deals on re-sale in our community so look around and you may find prices for resale are more competitive than new construction. Do your homework before you sign on the dotted line. Good luck.


Have a real estate question or need some sound advice?  Call or text Phyllis Staines at (904) 476-7653 or email pstaines@aol.com. Every question will receive a response and may be chosen to appear in Saturday's Times Union newspaper.

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Phyllis Staines, RE/MAX Coastal Real Estate License #BK660013

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