Why do people buy new homes? Main Idaho Real Estate Insights
If you watch the news or read economic forecasts regarding Idaho Real Estate you would think no is buy a home, much less a new home.

What the news does not tell you, nor ecomnomic forecasts, is that life goes on. We have new additions to the family, whether it is our parents moving in with us, we with them or we a baby magically appears. It may also be that someone finally got that raise or a bonus and can now afford to stop renting or get a better place. Life Happens.

IDaho Real EstateDoesn't everyone want a better place, including downsizing if that is your need? Additionally, let's face it new homes are better. Why buy a used home? One of the things that most people do not realize is that all homes are based on market value. Builders do not set the price of the home, the market does. And it has to cost less to build than what they can sell it for! Additionally, new homes must be a better value than exisitng (used) homes. Of course with a new home comes new roof, fresh paint, brand new carpet and hardwood floors plus most home builders include a warrranty.

Posted by tlangford at 8/25/2010 1:56:00 PM
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Michelle Penick, Boise Idaho Real Estate Agent

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