Believe it or not, builders are still building through out Tampa, Brandon, Land O' Lakes and Wesley Chapel. Not only are they still building spec homes but there are buyers that are having homes built from the ground up! Why would a buyer possibly what to have a home built rather than buy a "used" home on the market? There are plenty of reasons, some personal and some financially driven.
On the personal side, some people just like the idea that they can add their own little touches such as tile/carpet color, cabinet style, etc and even pick which lot the home will be built on. Some buyers also like the thought that they are the first ones to live in the home.
Financially speaking, the builders are offering killer incentives here in the Tampa Bay area. They are offering things such as pricing incentives, appliance packages, design center upgrades and even free pools. Some buyers are asking themselves, "why should I buy a pre-foreclosure that needs repairs when I could buy new for just a little more?". Also, with the $8,000 tax credit it's getting too late to buy some of the pre-foreclosure properties. The tax credit deadline could expire before the home closes.
Whether to buy new or save a little and buy a resale home is a personal preference that each buyer has to decide for themselves. Once you do make that decision be sure to find a good REALTOR that knows the area and can help you determine which community would work best for you. With so many builders and opportunities throughout Tampa Bay you also want to ensure that you're getting the best incentives on the market. It doesn't cost you any more to bring a REALTOR with you, it could actually cost you less.
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