Why It May Be Time to Add Newly Built Homes to Your Search
If you’ve paused your home search because you weren’t sure where you’d go after selling your current home, now might be the perfect time to jump back in. The housing market is shifting, and if you’re open to considering newly built homes, there are more options—and bigger incentives—than you might realize.
Recently, I helped one of my clients secure an incredible lot on a new build. We negotiated no lot premium, and by using the builder’s preferred lender, they locked in a 5.75% interest rate instead of 8%. That’s a huge win in today’s market—and a great example of the kinds of opportunities available right now.
According to the National Association of Home Builders (NAHB), the number of buyers searching for new construction homes is climbing. Their Housing Trends Report notes that “the popularity of new construction homes is continuing to rebound.”
Let’s break down why more buyers are turning to new homes—and why you might want to as well.
1. More Options and Potential Builder Incentives
When you’re house hunting, you typically have two choices: existing homes or newly constructed homes.
While inventory of existing homes has risen this year, it’s still below what’s considered a balanced market. The National Association of Realtors (NAR) reports a 4.2-month supply of homes for sale, whereas six months is considered balanced.
On the other hand, new construction inventory is growing much faster. According to NAHB data, there’s now a 9.2-month supply of newly built homes—well above normal levels.
What This Means for You
Builders don’t want to sit on excess inventory. To move homes quickly, many are offering incredible incentives, from interest rate buydowns to closing cost credits and even price reductions.
As Fannie Mae’s Chief Economist explains, the number of completed new homes is at its highest level since mid-2020. That’s leading builders to offer more aggressive discounts to keep inventory moving.
If you’re wondering what incentives are currently available in the Las Vegas area (or wherever you’re searching), reach out to me—I can help you explore builder promotions and find the best deals available right now.
2. The Benefits of Buying a Newly Built Home
Beyond financial perks, new construction homes offer lifestyle advantages that appeal to many buyers today:
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Low maintenance: Everything is brand new, so you can skip the weekend repair list. No leaky faucets, outdated wiring, or worn-out roofing to worry about.
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Energy efficiency: Modern homes are built with the latest materials, insulation, and technology—helping lower your monthly energy bills.
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Customization: Depending on the builder, you might be able to choose your finishes, floor plan, and design features to fit your exact taste.
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Smart home technology: Many builders now include integrated systems for security, lighting, and temperature control, giving you a modern, connected lifestyle.
As one builder puts it:
“For some, it’s the lure of something new and modern. For others, it’s the move-in ready experience. And now there’s another factor to consider—technology.”
3. Why Now Might Be the Right Time
With more inventory available and builders eager to sell, buyers have more negotiating power than we’ve seen in years. Whether it’s rate buydowns, closing cost assistance, or design upgrades, there’s real value in exploring what’s out there.
If you’ve been on the fence about re-entering the market, adding newly built homes to your search could open doors you didn’t know existed.
Bottom Line
The new construction market is offering more options, more incentives, and more opportunities than ever before. If you want to see what’s available and explore how builder incentives could work in your favor, let’s connect. I can help you navigate the process, negotiate the best terms, and find your perfect new home.
