Why Investing in a Show Home in these Difficult Times is a Smart Decision
In these tough economic times, who'd think of buying a house? Just how wise it is to buy a property now, despite the economic climate. You’d be forgiven to think the sky is about to fall in and the world end with the way some talk.
We all have recurring expenses like rent, utilities, and expenses to cover. The usual cycle of bills we are all familiar with, such as putting food on the table and a roof over our heads. In this case, yes, a roof. However, one has options beyond simply renting, such as putting the money toward a brighter future by purchasing a home. And much like life in general - the best time to have started was yesterday. The next best….today!
Crisis after crisis, whether from a pandemic or an inflationary wave, these events have a significant effect on the real estate market.
CoreLogic, a provider of real estate data and analytics, claims that in the first quarter of 2022, a record-high 28 percent of all single-family houses were purchased by investors for the express purpose of house flipping or residential real estate investment. It's not all gloom and doom.
Still, the bigger picture is that housing is essential for everyone, whether a crisis is local or global - we all still need a place to live - And it is better to control your destiny, than pay the mortgage of a landlord - no matter how lovely they are!
Whangarei, with its abundant natural beauty and relatively moderate housing costs, has become increasingly attractive to retirees looking to settle down and of city homebuyers as the trend of remote work continues to grow. This shift in housing preferences is likely an indicator that buying a home is not entirely in decline.
We reckon now is an excellent time to plan out the house of your dreams.
Is a new house purchase in your near future? If so, visiting show homes is a fantastic method to get acquainted with the work of a reputable homebuilders and to narrow down the list of desirable homebuilding features that are most important to you.
Visiting Whangarei show homes is a great way to kick off your home construction project and get ideas for the type of interior design you like. Better yet, looking at the best model homes in Whangarei can make you feel at ease because they appeal to our natural instinct to nest.
However, before moving further, it's important to assess how much you're ready to spend on your ideal home. This should give you a good indication of how much money you'll need to buy the house, and how much time you have to save up for the purchase.
In Whangarei, we have two of our current best designed show homes ready to view
Over the past four decades, Homeworld has been a major player in the Whangarei home building scene. We proudly take on the projects that are simply too hard for other home builders, as our attention to detail is second to none.
Constructing a house is difficult at any time, but now more than ever you should contact us if you want to maximize the value of your home's design investment. Got questions on Whangarei homebuilding -contact us through phone at 0800 86 89 86 or online at our website or social media.
If you're on Instagram, you can find us at @homeworlddesignbuild.
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