Where Did Buyers Purchase New Homes in Placer County During 2012?
Posted by Patrick Hake on
A side effect of the tight inventory of resale homes in Placer County in 2012 was a marked increase in the number of new homes be constructed and sold.
As home buyers found it ever harder to find an elusive resale home to buy, many turned to the new home builders.
They found the process of purchasing a new home preferable to the often tedious task of battling it out for existing resale inventory with multiple offers, drawn out short sale processing periods and other unknowns.
Purchasing a new home allowed them to walk into a model, find what they like, sign a contract, pick their upgrades, set a move in date and then move in after a few short months.
While buying a new home may not always get you the steep discount that may be available on some…
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