Buying Tip

When buying a property, find out how much new construction will be built in your neighborhood. Market prices for homes are based on the old law of Supply and Demand.

For example, if you are buying a home in an area where the builder will continue to build new homes over the next 5 years you have to realize that the builder then will be your competition if have to sell in that time period.

And Builders use a lot of marketing strategies to sell their homes which you as an individual seller can not offer.

So, make sure to do your research when buying a new home in a new neighborhood or close to new construction.