Low interest rates, coupled with optimism relating to the vaccine rollout and rising energy prices, led to new infills having their best month in almost 5 years.
Single-family new infills posted a phenomenal 44 sales during the month of February, up over 46% from an already impressive 30 sales recorded last month, and up over 33% from the 33 sales...
New infills performed exceptionally well during the month of January, with sales activity well above historical averages.
Single-family new infills posted an impressive 30 sales last month, up 25% from a healthy 24 sales recorded in December, and up 100% from the (more typical) 15 sales recorded in January of last year.
As we close the chapter on 2020, new infill sales finished the year on a high note, once again posting another strong month, and showing signs of improved confidence following a rather turbulent year.
Single family new infills posted 24 sales during the month of December, down slightly from the 25 sales recorded last month, and up from the 21 sales...
Buyers familiar with mortgage applications for pre-existing properties may find the process of financing custom constructions surprisingly complex – even daunting. While certainly more involved, the experience need not be intimidating. With a basic grasp of the steps to expect, buyers can move forward with confidence.
The process of building an infill is a very exciting one and as with any real estate development project, you need to ensure that you understand the costs associated before you get started.
Understanding the costs ahead of time will allow you to budget accordingly and ensure that your custom-built infill home is a sound investment for when you go t...