As for the types of homes and real estate you'll find in South East Calgary, higher - end newer
construction homes tend to catch the eye of most home buyers considering the area, with some reaching and even exceeding $ 2 million.
Not exact matches
Portland homeowners
tend to like renovated older
homes with character, he added, not new
construction, and they stick to certain neighborhoods.
However, absent restrictions on housing supply, competition among developers
tends to maintain average metropolitan
home prices tethered to the cost of
construction.
The prime rate
tends to move in lock step with the federal funds rate and so affects the rates on certain products like
Home Equity Lines of Credit (HELOCs), residential
construction loans, some credit cards and things like business loans.
Homes made with high quality materials and the best
construction techniques
tend to last longer and require fewer repairs and less maintenance than
homes constructed with inferior building materials and shoddy workmanship.
Because mobile, manufactured and modular
homes are all different from traditional
home construction, they
tend to have different insurance options.
Mobile
homes tend to cost as much or more to insure as site - built houses because the light materials used in
construction make manufactured
homes more vulnerable to storm and fire.
Municipal inspectors looking at new
homes aren't always qualified and
tend to be overworked, allegedly leading to under - reporting of new -
home construction defects, the New Jersey Commission of Investigation says.
New
home construction hasn't recovered and the
homes that are being built
tend to be expensive, not in the entry - level price range that first - time buyers can afford.
The larger investors, such as Blackstone Group, Colony Capital and American Homes 4 Rent,
tend to seek newer, single - family
construction in areas such as Arizona, California, Florida and Georgia, spending about $ 150,000 for each
home, said Daren Blomquist, vice president of RealtyTrac.
Rich: What I
tend to do with clients in new
construction is not only have the
home inspection and the final walkthrough, but I like to do a preliminary final walkthrough about a week before the closing to go through that punch list.