Category Archives: New Home News

Should I Buy Now or Rent?

Q: I’m a first-time home buyer. Is it best to wait, keep renting, and hope that prices will get even lower?

A: If you continue to wait, you may never be able to afford to get into the housing market. Even as home prices are currently moderating or falling, depending on where you live, rents continue to climb. When you buy a home, you are also purchasing price stability, knowing that you will pay the same monthly payment for the life of your 30-year, fixed-rate mortgage.

Once you become a home owner, you are able to take advantage of the tax deductions that homeownership offers, and you begin to build equity in your property.

With so many homes on the market to choose from, your best strategy may be to scale back expectations for your dream starter-home. After a few years, you can use those equity gains to sell your starter home and move into a bigger house. The sooner you make the jump from renter to home owner, the quicker you begin to create and build up wealth for your family.

Sale of a Lifetime at John Wieland Homes and Neighborhoods

For 10 short days, award-winning new homebuilder John Wieland Homes and Neighborhoods presents the “Sale of a Lifetime,” an unprecented offering of a lifetime structural warranty and up to $100,000 in savings on new homes in Charlotte and Raleigh, N.C. and Charleston, S.C., as well as Atlanta and Nashville, Tenn.

Friday, Jan. 25 through Sunday, Feb. 3, buyers can receive the lifetime structural warranty as well as $10,000 to $100,000 in bonus dollars on every John Wieland home. Continue reading →

Home Appreciation Continues in Charlotte, NC

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The Standard & Poor’s/Case-Shiller home price index reports that home prices fell in October for the 10th consecutive month — with several exceptions — Charlotte, North Carolina) Portland,Oregon and Seattle, Washington. These areas posted year-over-year home price appreciation in October. Charlotte posted the largest gains at 4.3 percent.

The Charlotte Chamber of Commerce attributes the strength of the Charlotte housing market to the area’s strong economy and exceptional job growth. Preliminary numbers show that more than 14,000 jobs were created in the Charlotte area in 2007.

Charlotte – a growing city, a great place to raise a family and a great place to live.

Top Reasons to Buy a New Home – NOW

Here are the top reasons you should not wait to buy a new home. There are many beautiful, affordable homes on the market in the Carolinas. Take advantage of time off during the holidays and look for homes to buy now.

1. UNBEATABLE INVESTMENT.
Even in down markets, over the long term home prices still appreciate more than the stock market.

2. LOW INTEREST RATES.
Rates remain at near-record lows; you can lock in a payment that fits your budget.

3. AVAILABLE LOANS.
Lenders are still eager to make loans to borrowers with good credit.

4. GREAT SELECTION.
With so many homes on the market, you can get the features you want!

5. ENERGY EFFICIENCY.
New homes have the latest environmentally-friendly, cost-saving, advanced technology materials and appliances.

6. IT’S YOUR HOME.
It’s more than a house—it’s a place to raise your family, make memories and call your own.