How Older Homes Beat New Homes
Tuesday Apr 4th, 2017
ShareFor a society that likes shiny new things, the latest research could foreshadow a surprising trend -- homebuyers choosing older homes over new construction. Why? The prices and operating costs can vary widely. In August 2014, the median sales price of new homes sold was $275,600, while the median price of older homes was $219,000. Taxes and insurance may cost less for an older home. People are often wowed when they go into a builder's model and see how beautiful it is. It has the... [read more]