When you build with us, weβll discuss…β why new construction in this housing economy πΎ the steps to new construction, π² the financing of new construction projects, ππ½ββοΈ and what it takes to get started and π‘ the options you have to start building with Gimini Development.
New home sales traditionally account for about 10% to 12% of the market for single-family homes but recently have comprised more than 30%.Β βThe shortage of existing homes For Sale has opened up the possibility of new-home construction to more buyers who may not have once considered it,β says Danielle Hale, chief economist at realtor.com
Forty percent of home buyers say the top reason they considered buying new was to βavoid renovations or problems,β followed by a lack of existing inventory (25%) and the ability to choose and customize their homeβs design (25%),
As a home builder, you can solve all three of these issues for home buyers and make an impressive profit helping new home buyers.
New Construction is an avenue through which you can grow your cash-flow by owner financing, sell to other investors, sell to end-buyer, or keep for your own rental property portfolio.