Boom Time In The New Homes Market
It’s difficult to remember a time when there was so much activity in the New Homes market; pretty much every village or town in Warwickshire are having their housing numbers boosted by the introduction of new dwellings, and for homebuyers this will be extremely good news.
There is a danger of over supply particularly in places like south Leamington Spa and Wellesbourne, however we believe that this over supply will be fairly temporary due to the extremely low numbers of new homes constructed over the last 20 years.
That being said there are some wonderful deals for the canny buyer, and if you get the timing right you can bag yourself a bargain. In recent weeks a well-known plc builder was offering over £50,000 worth of discounts and incentives for buyers willing to complete before the end of 2016, and it seems that the plc builders rather than the regionals are moving prices down aggressively early to clear out built, or soon to be built, stock.
The premium regional builders continue to sell better than the competition due to better product, smaller sites and more thoughtful design.