31 Jul 2026
By RESCO Realty

How to Decide Whether a New Construction Home Is Right for You

Real Estate Tips, ,
Buying a newly built home can be an exciting option for many buyers. From modern floor plans to energy-efficient features, new construction offers benefits that existing homes may not. At the same time, purchasing a brand-new home comes with its own considerations. Understanding both the advantages and potential tradeoffs can help you determine whether a new construction home is the right fit for your lifestyle and long-term goals. Consider the Benefits of New ConstructionOne of the biggest advantages of a newly built home is that everything is brand new. Major systems, appliances, roofing, and mechanical equipment typically require less maintenance…
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30 Nov 2020
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – November 30, 2020

Financial Reports, ,
Last week’s economic reporting included readings on Case-Shiller Home Price Indices, new home sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. No readings were released on Thursday or Friday due to the Thanksgiving holiday. Case-Shiller Reports Highest Pace Of Home Price Growth Since 2014 Case-Shiller reported higher home price growth in September with national home price growth of 7.00 percent on a seasonally adjusted annual basis. August’s national home price growth pace was 5.80 percent. Housing markets in many areas are seeing increased activity due to higher demand for homes. While higher home…
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10 Sep 2020
By RESCO Realty

New Home Construction Orders Lead To A Boom For Contractors

Real Estate, ,
During the past few months, the housing market has been through a lot of changes. One of the biggest changes that have taken place involves new home construction demands. While there are plenty of homes that have already been built and are ready to be sold, there are plenty of people who are deciding to build new homes instead of buy existing ones. Now, the demands for new home construction are at heights that have not been seen in close to 15 years. This has led to a business boom for local contractors. While building a new home is a…
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