Buying a New Construction
Home vs. Existing Home
DFW real estate is currently in a seller’s market, with very competitive conditions due to an influx of buyers moving to Dallas Fort-Worth in recent years. In a coveted suburban city like Little Elm, which is experiencing explosive population growth and increased demand for homes, there is limited existing home inventory.
All of these factors make buying a pre-owned home difficult, to say the least. From selling an existing home, timing the market, moving from out of state, and completing the school enrollment process, and you have a situation that can be extremely difficult to navigate. Simply put, the process for buying a new construction home is much easier and less stressful than a pre-owned home. Find out more differences below and discuss the following with your real estate agent.