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What is the cost of waiting to buy a new home?

Categories: Blog, Home Ownership, Local Events, Purchasing a New Home | Posted: August 7, 2018

Housing affordability is a hot topic lately and buyers in the market are feeling the pinch. What does the affordability factor really mean to today’s homebuyers? In simple terms, it is how the rise in home prices and interest rates affects how much home a buyer can buy compared to say a year ago. These two factors will slowly eat away at ones’ buying power. Waiting can cost a home buyer thousands of dollars.

Home Prices

Prices have been on a steady rise in 2018 largely due to the cost of goods increases, raw development cost, and the construction labor shortage. All three have a huge impact on new home prices.

Interest Rates

“Over the past 16 months, we’ve added 1% (or more) to the average 30 year fixed mortgage rate. For example, on a $300,000 home, that means a buyer has lost 10% of their buying power or has to pay an additional $50,000 of interest over the life of the loan for the same home today. All signs point to the fact that this upward trend will slowly continue.” (Source: The Affordability Puzzle is Evolving. Are You?) 

Ivey Homes wants to help get your affordability and mortgage questions answered! Our Preferred Lenders will be on site at all model homes on Saturday, August 11th and Sunday, August 12th from 2:00pm-4:00pm. We have partnered with the best of the best in the mortgage business and they are ready to help you take the next step in home ownership. Make plans to attend! Ivey Communities

housing affordability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ivey Homes is a leading new home builder in Evans, Grovetown and Augusta, GA and Aiken, SC, with home pricing ranging from the low $100,000’s to Custom. For more information about living in or building a new home in Columbia County, Richmond County or Aiken County, visit iveyhomes.com! Connect with us on our  Facebook page and Text: IVEY to: 77848 for convenient updates.

How to Get the Most Out of a Model Home Visit

Categories: Available Homes, Blog, Purchasing a New Home | Posted: August 1, 2018

moving

It’s Saturday morning and your considering changing your address to a new home, great! What’s next? The family is excited and you say, let’s ride over to <insert Ivey Community name>. You happen upon the Model Home and Sales Center and eagerly walk in! Now what…

 

 

We’ve put together a cheat sheet on how to make the most out of your visit.

  • Give some thought about the new home you see yourself in.
  • Do some research.
  • What are you looking for that your current home doesn’t offer?
  • Ask questions.
  • Give the Sales Associate good information, they are there to help you.
  • If you are working with a Realtor, register them on your first visit.
  • Complete the Guest Registration card. This helps to stay up to date on specials and new offerings in a community.
  • Take the Model Home Tour. It gives good insight into the builders quality and process, community amenities and available homes.

Building a home or making a move doesn’t have to be stressful or scary, we have made the process easy and fun! The Ivey experience is customer-focused and we offer a dedicated on-site sales team 7 days a week to guide you through the process. Model Homes are open Monday – Saturday 11am – 6pm and Sunday 1pm – 6pm.

Ivey Homes is a leading new home builder in Evans, Grovetown and Augusta, GA and Aiken, SC, with home pricing ranging from the low $100,000’s to Custom. For more information about living in or building a new home in Columbia County, Richmond County or Aiken County, visit iveyhomes.com! Connect with us on our Facebook page and Text: IVEY to: 77848 for convenient updates.

 

 

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