According to Lawrence Yun of the National Association of Realtors, it’s likely that the sale of new homes will rise to a 13-year high in 2020, jumping 11 percent. This jump is significant even when compared with an anticipated 3.7 percent increase in existing home sales by 2020.
Read MoreAs of May 2019, the housing inventory in the Seattle market was just shy of two months. Fewer choices means it will become more difficult finding that perfect home that fits your needs. When you account for older homes on the market that may need updates, eccentric houses that were designed for a specific style, price points, and other factors, this leaves a small pool of homes to adapt to your lifestyle. It’s in these markets that new construction homes become even more of an enticing option for buyers.
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