Builders Celebrating New Homes Month This April
This April is New Home Months and a time when NAHB is drawing attention to the economic, financial and personal benefits of owning a new home.
“Seeing an upward trend in mortgage interest rates, fence-sitters are moving into the housing market, creating a lot of excitement as more people take advantage of today’s outstanding opportunity to buy a new home,” said NAHB President Dave Wilson. “Consumers know that buying a new home remains an excellent investment.”
During New Homes Month and throughout the year, consumers can visit NAHB’s Web site at www.nahb.org to learn more about the benefits of purchasing a new home. The site also offers resources and advice to guide consumers through the home-buying process — from selecting a builder and financing a home to undertaking basic home maintenance and managing the move.
“New homes today offer buyers more features and amenities, like three-car garages, custom kitchen and bathroom fixtures and flexible floor plans, allowing home owners to tailor a new home to meet their unique family needs and tastes,” added Wilson.
A crucial factor behind the health of the nation’s economy and the financial security of individual families, new home construction and remodeling provide millions of jobs and generate billions of dollars in wages and tax revenues each year. Homeownership also is a key component of building personal wealth, accounting for the largest portion of total household wealth in the United States.
For more information, e-mail Kym Kilbourne at NAHB, or call her at 800-368-5242 x8447.