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New Home Construction Helps Existing Home Sales in Macomb County Michigan

Right Now! We are Seeing New Home Construction Helping Existing Home Sales

 
 
How much new construction has helped price on your home www.mymihomevalue.com
How much new construction has helped price on your home www.mymihomevalue.com
PRLog - Jun. 12, 2014 - CHESTERFIELD TWP, Mich. -- In Northern Macomb County today, new construction is booming for the residential real estate market. Most of the Northern Macomb County communities have had an increase all spring of residential building permits. In turn, these booms in construction pose challenges to homeowners hoping to sell their pre-owned homes. Even though there are challenges, there are also several downsides to buying new construction. The key is to appeal to buyers through your pricing and charm of your existing home.

New Home Construction Helps Existing Home Sales
Although it seems like new home construction would take first place in the northern Macomb County home sales market, it is actually great news for sellers of existing homes. According to the Macomb Daily, new home building permits are still only a fraction of what they were in the years 2004 through 2006. The numbers say new home construction is in the midst of recovering as opposed to a construction boom. This activity is also delivering jobs and paying consumers. Still, for sellers of resale homes, the perceived competition is frustrating when home sales are just getting back on their feet.

Advantages of Resale Homes
An existing home is preferred by many home buyers over new construction. Home sellers have success by promoting the qualities of resale homes that cannot be matched by newly constructed homes such as established landscaping, proximity to malls and shopping and pricing.

Established neighborhoods are more inviting. The mature trees in both public and private areas provide shade and beauty.
Resale homes are sometimes more move-in ready. Landscaping, window coverings, patios and fencing are in place and ready to be enjoyed. Brand new homes often require a wait time before you can move-in or the neighborhoods still have quite some time before the landscaping matures.
There is a higher chance of established homes to be in closer proximity to amenities or near parks and schools that are sometimes in walking distance.
There are no unexpected costs from upgrades or add-ons throughout the building process.

The Best Real Estate Agent for a Resale Home
Experienced real estate professionals sell more existing homes than new homes because there are many more resale homes available almost everywhere. Macomb County is known for friendly neighborhood communities with happy long-time residents. It is not unusual for Macomb County home buyers to be on the watch for “for sale” signs in familiar communities that they want to live in or near. The most important thing to keep in mind when choosing an agent for your home is that they are an expert in your area and your neighborhood and how many years that they have practiced real estate full time. Those agents with proven track records and recent sales numbers are more reliable than those who are recommended by friends, but working outside of their expertise.

For more information about marketing and selling your home in the Northern Macomb County Area, you’ll want to contact Rick Giese associate broker at RE/MAX Advisors, Rick can be reached on his private line at 586-242-3100 or by eMail: rick@rickgiese.com


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***@rickgiese.com
Source:Rick Giese RE/MAX Advisors
City/Town:Chesterfield Twp - Michigan - United States
Industry:Family, Real Estate
Tags:Home prices increase, michigan, Real Estate, good time to sell, re max
Shortcut:prlog.org/12336133
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