Renters Consider New Homes

In a recent home builder survey results reported that 60% of people currently renting want to buy a home in the future. Additionally 61% of those surveyed said they want to buy a home within the next two years.

The results mirrored PulteGroup’s on-the-ground anecdotal information. "We are seeing a renewed sense of optimism, especially from young professionals and young families visiting our communities nationwide," Deborah Meyer, PulteGroup senior vice president, said in a news release of the results. "In fact, in the first quarter of this year, sales and traffic for our Centex homes, which cater to the value-conscious and first-time buyer, saw a significant improvement over last year—yet another sign of an improving housing market.”

In the Phoenix metro area, we are seeing a big boost in the number of new home permits and activity in new home communities. The new home construction market is back - and its a great alternative for home buyers who have been beat out by cash investors or for those who simply do not want to inherit the property conditions a resale home may have. If you are considering a home new, please take a moment to visit me online - with a few clicks of your mouse, you can search any new home community in the Valley. Click here now.