{"id":7883,"date":"2022-05-15T15:07:05","date_gmt":"2022-05-15T15:07:05","guid":{"rendered":"https:\/\/lifestylehomebuilders.com\/?p=7883"},"modified":"2022-05-15T15:07:05","modified_gmt":"2022-05-15T15:07:05","slug":"reasons-to-buy-a-home-this-spring","status":"publish","type":"post","link":"https:\/\/lifestylehomebuilders.com\/reasons-to-buy-a-home-this-spring\/","title":{"rendered":"Reasons to Buy a Home This Spring"},"content":{"rendered":"

For the past few years, we\u2019ve seen an interesting situation of a seller\u2019s market combined with low interest rates. While there have been fewer homes on the market, they\u2019ve gone up in price, but the low mortgage interest rates helped counter that. Now, we\u2019re starting to see more homes on the market, but mortgage interest rates are going up. Thus, if you\u2019re seriously interested in purchasing one of the homes in Chesterfield VA<\/a>, this spring is the time to act while rates are still affordable.<\/p>\n

Ultimately, buying is still cheaper than renting and you get an eventual return on your investment if you stay in your home long enough. Usually within 5-10 years, you can hope to see a significant benefit from owning your home if you choose to then sell.<\/p>\n

Mortgage rates are starting to rise but they\u2019re still low compared to past rates and you want to lock in a rate now before they get any higher. They\u2019re unlikely to drop to the near record lows of the past year or two, so you really don\u2019t want to wait and ultimately get less house for your money.<\/p>\n

There was a drop in the number of homes available for quite a while, leading to homes selling at much higher prices than normal. Now, as more homes are coming on the market again \u2013 both pre-owned and new home construction \u2013 the prices of homes are starting to stabilize and are becoming more affordable. However, the demand is still there from people who have been looking for a while and have often been beaten to the purchase by another buyer. There\u2019s still some challenge out there.<\/p>\n

A number of new home builders currently have move-in ready homes available and even if they\u2019re not exactly what you would have chosen in terms of finishes if you\u2019d built from scratch, you\u2019re still getting a brand new home that is built to a higher standard and is typically more energy efficient, saving you more money over time. Plus, you don\u2019t have to wait to move in, or you may find a home that is nearing completion but lets you still choose some of the colors and finishes, which allows you to personalize the home more.<\/p>\n

These are just some of the reasons why now is the perfect time to purchase one of the homes in Chesterfield VA<\/a>. The number of move-in ready or almost-ready homes has increased, but they\u2019re still likely to get snapped up quickly, as with pre-owned homes, so don\u2019t delay. Contact us today to see about our various options and how you could potentially have your own new home by the end of spring.<\/p>\n","protected":false},"excerpt":{"rendered":"For the past few years, we\u2019ve seen an interesting situation of a seller\u2019s market combined with low interest rates. While there have been fewer homes on the market, they\u2019ve gone up in price, but the low mortgage interest rates helped counter that. Now, we\u2019re starting to see more homes on the market, but mortgage interest… <\/p>

Read More<\/a>","protected":false},"author":1,"featured_media":7739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,28,16,160,8],"tags":[3,4],"class_list":["post-7883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chestefield-va-info","category-design-tips","category-featured-community","category-reasons-to-buy-a-home-this-spring","category-things-to-do","tag-homebuilder-chesterfield-va","tag-homes-for-sale-chesterfield-va"],"yoast_head":"\nReasons to Buy a Home This Spring | Lifestyle Home Builders<\/title>\n<meta name=\"description\" content=\"Read our latest blog post, Reasons to Buy a Home This Spring! 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