The New Year marks a time for new beginnings and excitement about the coming year. As the calendar turns over, some have more on their mind than resolutions. It’s also a time for major life changes – and buying a new home is often at the top of the list.
Spring is a popular time to go home shopping, but there are many compelling reasons why buying a new home may be the perfect New Year’s resolution.
1. A Fresh Start for the New Year
There’s something refreshing about beginning a new chapter in a new space. The New Year is all about fresh starts, and what better way to embrace that than a new home and community that aligns with your ambitions and lifestyle.
2. Fewer Buyers in the Market
Less people tend to look for a home during the winter months. This means there’s less competition from other buyers. If you want less stress and more negotiating power, the New Year may be the perfect time to go home shopping.
3. Financial Benefits
If you close on your home before the end of the year, you can potentially deduct for mortgage interest, property taxes or other interest expenses. These deductions can be substantial, particularly in the early years of your loan as you pay off interest. Plus, with historically low mortgage rates, now is a great time to buy a home.
4. More Inventory
There’s often a surge in housing inventory at the start of the year. This gives buyers greater selection, and sellers must stay competitive so their homes will stand out. That’s why the New Year is a great time for buyers to get into the market. With more options, there’s a better chance of finding a home that suits your needs.
5. Seasonal Buyer Incentives
There’s always a push to close on new homes and meet quotas at the end of the year. Builders may provide incentives like upgrades or savings on closing costs. Take advantage of any end-of-year sales and get the best home for you and your needs at an incredible value.
6. Owning a Lennar Home
We all know the benefits of owning a home, like consistent payments and building equity. When you choose a Lennar home, you get all this and much more.
Lennar’s Everything’s Included® program means that every home comes standard with the most sought-after details, including brand-new appliances, energy-conscious features and modern interiors and exteriors. We have a team of affiliates here to help you at every stage of your homebuying journey. Lennar builds homes for any lifestyle, whether you’re a growing family, active adult or young professional, with a variety of designs including single-family plans, townhomes and condos.
A home is more than just brick and mortar. It’s a place to call your own. Buying a home during the new year offers positivity, new opportunities and the promise of a fresh start. With so much to gain, the New Year may be the perfect time to make the leap into homeownership.
If you’re in the market for a new home, Lennar builds modern communities in some of the most desirable cities in the country. Find what’s waiting for you by contacting a trusted New Home Consultant.
Current offers and promotions vary by homesite and community. See a New Home Consultant for additional information. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2024 Lennar Corporation and Lennar Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Lennar Mortgage and the Lennar Mortgage logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Arizona – Lennar Sales Corp.; HSP Arizona, Inc. ROC 242267B-2; ROC 138431B; ROC 144869A; Lennar Arizona Construction, Inc. ROC 228129B; Lennar Arizona, Inc. d/b/a Lennar Homes ROC 232731B; Lennar Communities Development, Inc. ROC 137295KA / California – CalAtlantic Group, Inc. (Responsible Broker: Joanna Duke) #02058246; BMR Construction, Inc. 830955; Lennar Sales Corp. (Responsible Broker: Joanna Duke) #01252753; CalAtlantic Group, Inc. 1037780; Lennar Communities, Inc. 66241; Lennar Homes of California, Inc. 728102 / Florida – Lennar Realty, Inc.; Lennar Homes, LLC CBC038894; CGC062343, CGC1518166, CBC1257529, CGC1523282, CBC1260831, CGC1526578, CBC051237; Standard Pacific of Florida GP, Inc. CGC1506052, CGC1517342; U.S. Home Corporation CGC1518911; WCI Communities, LLC CGC031523 / Maryland – CalAtlantic Group, Inc. MHBR No. 128; U.S. Home Corporation MHBR No. 316 / Minnesota – Lennar Sales Corp.; CalAtlantic Group, Inc. BC736565; BC700385; U.S. Home Corporation BC001413 / Nevada – Lennar Sales Corp.; Greystone Nevada, LLC 48844; Ryland Homes Nevada, LLC; Lennar Reno, LLC 64226; Ryland Homes Nevada, LLC 56652 / New Jersey – Lennar Sales Corp. / North Carolina – Lennar Sales Corp. / Oregon – Lennar Sales Corp. #201206464; Lennar Northwest, Inc. CCB #195307 / Pennsylvania – Lennar Sales Corp. / South Carolina – Lennar Carolinas, LLC / Tennessee – Lennar Sales Corp. ph. 615-465-4328 / Utah – Lennar Homes of Utah, Inc. / Washington – Lennar Sales Corp.; CalAtlantic Homes of Washington, Inc. CALATHW836LR; Lennar Northwest, Inc.LENNAN1893QG / West Virginia – US Home Corporation d/b/a Lennar; #WV060106. Date 10/24
Sources:
https://www.greenwoodhomes.com/blog/new-year-new-home-5-reasons-to-buy-new-in-the-new-year
https://therealtyfirms.com/8-benefits-buying-house-end-year/
https://collinshoy.com/why-is-january-a-good-time-to-move/
https://christywalker.com/blog/reasons-to-buy-a-home-before-the-end-of-the-year
