Millennial Home Buying Trends

Posted by Melissa Lynn Galland on Feb 8, 2018 6:59:17 AM

Topics: Build a Custom Home, Lifestyle, Homebuilding Process

A couple years ago, millennials surpassed baby boomers to become the largest living generation. Now that this generation is solidly in their 20s and 30s, they have become a major influence in many markets, including real estate, as they now also represent the largest share of home buyers. The National Association of Realtors compiled a report that outlines the trends that are impacting the industry and the housing market as a whole.

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Advantages of Building Custom: 5 Reasons to Build Instead of Buy

Posted by Melissa Lynn Galland on Jan 31, 2018 9:00:00 AM

Topics: Build a Custom Home, Homebuilding Process

Over the next several years, the dream of building a home will be within reach for many Americans. In fact, research by Zillow recently found that nearly 70 percent of U.S. households earn enough, in theory, to purchase a newly-built home that costs around $300,000. That’s exciting news if you’re looking to upgrade to a new home in 2018.

Several forces are guiding this trend. First, the economy in many parts of the country has rebounded from the recession, which is strengthening people’s purchasing power. Meanwhile, affordable yet high-quality home builders like Adair help to make the dream of building a new home more achievable than it was for previous generations.

But how does building a new custom home compare to buying a pre-built one? If you’re like most homeowners, you want to make sure that your next choice is a smart investment. Let’s take a look at some of the advantages of building a custom home so you can decide if it is right for you.

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Local Home Shows: Tough Questions to Ask Your Builder

Posted by Melissa Lynn Galland on Jan 30, 2018 7:21:35 AM

Topics: Custom Home Builder, Homebuilding Process

If you plan to attend local home shows in the Treasure Valley or Inland Northwest areas, be prepared with questions to ask prospective builders. In addition to finding the right floor plan and choosing the features that best suit your lifestyle, it’s also important to ensure your builder's experience and expertise in delivering a quality home on time and on budget.  

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Pro Team: Who You'll Work With During the Homebuying Process

Posted by Melissa Lynn Galland on Jan 25, 2018 7:43:54 AM

Topics: Custom Home Builder, Homebuilding Process

When you build a new home with Adair Homes, you get the benefit of a specialized and experienced team that is dedicated to delivering on time and on budget. The journey starts with meeting a Home Ownership Counselor and ends with keys in your hand. Along the way, you’ll work with a variety of experts who are committed to helping you build your dream home.

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What's The Difference? Custom vs. Manufactured Homes

Posted by Melissa Lynn Galland on Jan 9, 2018 6:45:23 AM

Topics: Build a Custom Home, Homebuilding Process

When it comes time to buy your next home, is it best to opt for new construction or pre-built? Custom, manufactured or “stick-built”? These days, there are so many options available to home buyers, it can be challenging to find the best path.

In our area, buyers’ preferences tend to be fairly evenly split when it comes to newly built versus pre-built homes. Recent research shows that home buyers in the western half of the United States are the most likely to consider purchasing a new home. In fact, 27 percent of all new homes sold in July 2017 were in the West, up from 24 percent a year prior. This trend holds true in and around the Pacific Northwest, where home buyers are increasingly drawn to newly built homes.

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How to Look Through Reviews When Choosing a Home Builder

Posted by Melissa Lynn Galland on Dec 28, 2017 6:51:52 AM

Topics: Custom Home Builder, Homebuilding Process

Choosing a builder is a major decision. You already know this if you’ve seen the countless options when you search for a local builder. The company you select will be responsible for creating the home that you will live in for years to come. You want to be sure that you get the right balance of cost, speed, and quality so that the project is completed within budget, on time, and to the standards you expect.

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Red Flags to Watch For When Working with Homebuilders

Posted by Melissa Lynn Galland on Dec 11, 2017 8:00:00 AM

Topics: Custom Home Builder, Homebuilding Process

Decisions around home buying are a huge deal for most Americans. Consider the fact that total housing costs—including your rent or mortgage, home insurance, interest, and upkeep—will on average eat up about 30 percent of your gross income throughout your lifetime. Clearly, an investment in a new home should be made with eyes wide open.

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4 Things to Talk to Your Realtor About When Buying a House

Posted by Melissa Lynn Galland on Nov 20, 2017 7:26:19 AM

Topics: Homebuilding Tips, Homebuilding Process, Finding Land

Since the advent of websites like Zillow and RedFin, you might suspect that fewer homebuyers are using Realtors to find and purchase their homes. However, research shows that nearly 90 percent of all buyers still partner with a real estate agent—proof that even in our digital age, Realtors are extremely valuable to individuals looking for their next home.

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In Depth Look: Costs You Can Encounter During Custom Homebuilding

Posted by Melissa Lynn Galland on Nov 7, 2017 8:30:00 AM

Topics: Floor Plans, Financing, Homebuilding Process

Affordability is consistently ranked as the top concern for people shopping for a new home. It’s no surprise that homebuyers like you want to ensure that they are getting a good deal, regardless of whether you’re a first-time buyer or a more seasoned homeowner who is looking for your dream home.

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Discover How the Custom Homebuilding Process Works

Posted by Melissa Lynn Galland on Aug 17, 2017 8:40:31 AM

Topics: Build a Custom Home, Homebuilding Process

Every year, more than a half-million single-family homes are sold in the United States, and you can bet that every sale comes with its own set of “lessons learned” for the customer. Think back to when you were buying your current home: It’s likely that you learned a lot throughout the process—even if it wasn’t your first home purchase—and you might even do things differently the next time around.

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