Is it time to buy a Kingsland, GA or St. Marys, GA New Construction Home?

Although the unsustainably hot housing market of the past few years has slowed down to “real time,” it remains a great time to buy a new construction home. And with the breakthrough technology available to home builders, new homes offer safety, amenities, energy efficiency and lifestyle like never before.

“Buying a new home remains an excellent investment,” said Brian Catalde, NAHB president and a builder from Playa del Rey, Calif. “Compared with investing in stocks and bonds, buying a new home still has the greatest financial impact due to its leveraging power. And in the current slower-paced market, there’s more room for negotiation. Coupled with today’s historically low mortgage rates and the great advances made in new home construction, buying a new home today just makes good sense.”

Granted the media continues to drive fear into the minds of home buyers and sellers but much of the fear is based on other markets in the country.  The entire Kings Bay area remains healthy from a real estate perspective with recent statistics for Camden County (Kingsland and St. Marys are the primary cities) reflecting 3.1 months of new home (new construction homes) inventory.  This inventory is considered a very healthy number of new homes currently for sale on the market.

Following the boom levels of the previous two years, 2006 was a year of decline for many housing markets across the country. According to NAHB’s Regional Housing Starts Forecast, 2007 was expected to be a year of transition, with growth emerging in many areas.  New home statistics reflect Kingsland and St. Marys markets emerged as the healthiest Coastal Georgia real estate markets.

Buying a new home (or new construction home) makes even more sense when you take into account uncertainty about the real estate market, which has many potential buyers waiting to see if housing prices fall. But if consumers try to wait and time the bottom of the market, they are likely to lose out, and could end up literally waiting for years before opportunity knocks again.

What is certain is the value of investing in a new home. First, there’s the leveraging power of owning a home. And unlike any profits from other financial assets, capital gains from owning a house are virtually certain to be tax-free (up to $500,000 for jointly-filing couples, up to $250,000 for single filers). Then there is the functional value of owning a home, whether in a flat or surging market. You can’t live in a bank account or a stock portfolio. But your house will both shelter you and your family, and help build you a nest egg that grows and grows over time.

In addition to the financial benefits of owning a home, new home construction bring a level of safety, efficiency and lifestyle unseen in years past. Technological advances mean that new homes are safer, because new homes take advantage of breakthroughs in building science such as new fire-resistant construction materials, tempered glass and hard-wired and interconnected smoke alarms. Builders nationwide have been embracing new green building techniques and materials, such as high-tech insulation and energy efficient appliances, and incorporating them in new construction. This results in new homes being more resource-efficient while saving homeowners money. And with the abundance and variety of features that new homes offer, home owners can create the home of their dreams—down to the knobs on their kitchen cabinets.

For more information on new homes in the Kingsland, GA Real Estate Market and the St. Marys, GA Real Estate Market please feel free to contact us.  We specialize in residential sales and have vast experience in the new construction arena.  Royal-Skies Realty agents have helped buyers become proud owners of new homes built by Regency (The Meadows), Soncel (The Lakes), Baytown (Creekside, Victoria’s Landing, Sugarmill), W.H. Gross (Osprey Cove, Brighton Lakes, Winding River), Sawyer and Associates (Laurel Island) and other premiere builders in the St. Marys and Kingsland, GA communities.

For more information on the area or on existing Homes For Sale follow the links: Kingsland, GA Homes For Sale, St. Marys, GA Homes For Sale, Kingsland, GA Real Estate, or St. Marys, GA Real Estate.  Don't forget to come back to this page (or simply read to the bottom now) to learn why you should use a real estate professional when purchasing a new construction home.

Is it beneficial to use a real estate agent when buying a new construction home in the Kingsland, GA or St. Marys, GA real estate markets?

This is a very serious question and has a very serious and beneficial answer to the new home buyer.  Many consumers take the “I’ll go it alone” approach when buying a new home.  This is very unfortunate considering the way most of the established new home builders operate.  If you are looking to buy a new construction home and you walk into the new home builder’s sales office you will get quoted an established price on a new home.  This price accounts for the cost of a real estate agent (3-7%) and the real estate sales agent’s commission will NOT be removed if you are “going it alone.”  The builder simply makes 3-7% more profit on a new home where the home buyer was unrepresented.

The prudent thing for a new home buyer to do is find a real estate agent (preferably a Realtor) to represent them.  The new home price will not change but you (the home buyer) gain the experience, expertise and guidance of a professional real estate agent.  It’s like getting free representation to educate you on the new home process and someone that will bolster your confidence as you purchase your new home.  In addition, you will be developing a relationship with a professional that will be available to answer real estate related questions for years to come...well beyond the purchase of your new home.

If you decide to use a Royal-Skies Realty agent (and we hope you will) make sure to ask them about a new refrigerator for your home.  For some reason it has become an established market practice for builders to NOT provide a refrigerator with newly constructed homes.  This is a non-negotiable item with the builders (unless you want to pay twice the store price) but depending on the builder's established sales commission (that 3-7% mentioned above) our real estate agents are often willing to buy you a refrigerator from their sales earnings.  This only allowed by Royal-Skies, Inc's Corporate policy if you inform them before writing the sales contract on the new home and it is only allowed on homes where the builder's sales commission is at the 6-7% level (there are many homes and builders that match this requirement).