Why Buy New & Now?
Why Buy New & Now?
July 20, 2022
With over 35 years of experience in building incredible new homes and highly sought-after communities across the great states of North Carolina, South Carolina and Georgia—Logan Homes understands that buying new can sometimes sound intimidating to potential buyers, especially with the headlines about the current market conditions and interest rates. Although the concept of renting may appear as a better deal on the surface level, the advantages of new homebuying heavily outweigh any other options in the industry. To guide your decision in buying new and now, we’ve compiled an expert list of top reasons why buying a new home, especially from Logan Homes, is the best option by far.
Invest your money
Although mortgage interest rates have increased in the past few months, they’re still considerably low compared to historical records—and buying a home right now makes for an extremely smart investment compared to renting. According to credible.com, the current mortgage rates—which are around 5%—are still well below where they’ve been at any point before 2009. In the 1990s, rates ranged between 7% and 9%, and in the 2000s, they typically fell between 5% and 7%. With this in mind, and the fact that the price of rent is drastically increasing throughout the nation, buying a new home—even in the current market—offers a plethora of benefits for both the present and future.
When you choose to buy a new home rather than rent, you’re investing in your future by increasing your financial stability—specifically in the categories of building wealth and equity, as well as better tax benefits and an overall thoughtful decision for your financial future. Eliminate the high risk of increased rent payments and the financial limitations of renting by choosing to buy a new home with Logan Homes—which can only benefit you in the long run.
Ease your worries
When you're buying a new construction home, you're the very first person to make the property your own—meaning the creativity is in your hands as soon as you sign the closing papers. Our move-in ready homes provide a great blank slate that allows you to settle in right away, and you can decorate and design your interior how you’ve always envisioned to make it uniquely yours. Rental properties often impose restrictions on personalizations, and oftentimes, you can’t even paint a wall or hang decor without consequences—and even resale homes can present a number of issues in the categories of repairs and maintenance. Although the cost to buy previously-owned homes may appear to be lower, there are so many factors that are unaccounted for, and the majority of resale homebuyers face the high risk of paying thousands of dollars for repairs, updates and maintenance—so help yourself save money, time and energy in the long run by buying new with Logan Homes.
Buying a brand-new home means you’re the first to park in the garage, to step foot on the floors, and to cook in the kitchen. The new appliances and systems allow for a significant amount of energy efficiency compared to older rental properties or resale homes, and our forward-thinking practices guarantee convenience and durability. Enjoy the infinite possibilities and benefits of owning your own Logan home—including the captivating exteriors, phenomenal interiors and sizable layouts for you and your family to grow and thrive in for years to come.
Buy new from Logan Homes
From the financial benefits to the ability to make your home uniquely yours, buying new is more significant now than ever before—and Logan Homes is ready to help you start your journey today. With over 3 decades of experience in building remarkable new homes, there’s no one better to trust with the process of buying your brand-new home than us. With the amazing advantages of buying new, we can’t wait to help you achieve the home you’ve always envisioned for you and your family. If you’re ready to explore your options for buying a new home, give us a call at (910) 507 - 2115 or fill out our online form to inquire about our one-of-a-kind homes throughout our sought-after communities across the great states of North Carolina, South Carolina and Georgia.