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    Search for New Homes and Learn More About New Home Communities

    Whether you are thinking of buying a move-in ready new home or you are designing and building a custom home, you come to the right place to start your new home search.  

    Buying new construction is a bit different from buying a previously-owned home. For one, because there is no previous homeowner, you don't have to deal with a seller's emotional tie to the property, which typically influences the negotiating process. New home builders provide a one year general warranty, a two years mechanical and systems warranty, and a ten year structural warranty. This provide a peace of mind to home buyers.  Please keep in mind the year built shown on these new homes is the year the permit was submitted to the city and not when then house was completed.    

    Home Builder Confidence Hits All-Time Record entering Fall 2020

    Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations for the next six months, as well as the traffic of prospective buyers of new homes.

    As the following chart shows, confidence dropped dramatically when stay-in-place orders were originally mandated earlier this year. Since then, it has soared back.

    Home Builder Index

    Looking at the three-month moving averages for HMI scores, confidence increased in every region of the country:

    ·        The Northeast increased 11 points to 76

    ·        The Midwest jumped 9 points to 72

    ·        The South rose 8 points to 79

    ·        The West increased 7 points to 85

    Confidence Is Validated by the Numbers

    This confidence is definitely warranted. According to a recent NAHB report, single-family housing starts increased 4.1% to a 1.02 million annual rate, and single-family permits increased 6% to a 1.04 million unit rate, meaning newly constructed homes are on the rise.

    A separate report from the Mortgage Bankers Association (MBA) shows mortgage applications for new home purchases increased by 33.3% compared to a year ago. Joel Kan, Associate Vice President of Economic and Industry Forecasting at MBA, commented on the numbers:

    “The housing market continued to exceed expectations in August, as housing demand for new homes stayed strong and the job market continued to recover…The new home market has maintained its path of recovery throughout the summer, and record-low mortgage rates and households seeking more space will likely continue to drive demand into the fall.”

    Bottom Line

    If you’re thinking about putting your house on the market but are afraid you may not find a home to buy, let’s connect to discuss new construction opportunities in our area.

    Click on the builder logo of your choice to see their Move-In ready homes for sale. Please contact me if you have additional questions 915-494-0949.

    Classic American Homes

     

    New Home Construction - All Builders

    13601 Beobridge  Avenue, El Paso image
    13601 Beobridge Avenue, El Paso $192,950

    This is our Model Home.Our Model Homes are open but with restrictions. Please ring doorbell, and only one customer inside per showing. Everyone must wear a mask while vie...

    • 3 Beds
    • 3 Baths
    • 1,732 SqFt.
    • 2018 Year Built
    • 79928 Zip Code
    • 839107 MLS
    • ACTIVE Status
    13542 Harbottle  Street, El Paso image
    13542 Harbottle Street, El Paso $193,950 ▲

    None

    • 4 Beds
    • 2 Baths
    • 1,240 SqFt.
    • 2021 Year Built
    • 79928 Zip Code
    • 837969 MLS
    • ACTIVE Status
    10000 Hueco Junction  Road, Socorro image
    10000 Hueco Junction Road, Socorro $210,950

    PALO VERDE HOMES DESERT PAINT BRUSH: A Spanish inspired design featuring the best in living with granite counter tops in all kitchens/baths, ceramic tile, custom plantati...

    • 3 Beds
    • 2 Baths
    • 1,642 SqFt.
    • 2020 Year Built
    • 79927 Zip Code
    • 834288 MLS
    • ACTIVE Status
    14360 Chris Zingo  Lane, El Paso image
    14360 Chris Zingo Lane, El Paso $211,950 ▲

    Come and bring your clients to see this jewel of a home. 4bd,2ba, 2 detached garages. Kitchen upgraded with granite counter tops and backsplash, all appliances included (...

    • 3 Beds
    • 2 Baths
    • 1,417 SqFt.
    • 2020 Year Built
    • 79928 Zip Code
    • 839995 MLS
    • ACTIVE Status
    12901 Nidd  Avenue, El Paso image
    12901 Nidd Avenue, El Paso $256,950 ▲

    This beautiful home is located in the beautiful growing community of Tierra Del Este-81. Enjoy of nearby community park, amazing shopping, restaurants and entertainment!!...

    • 4 Beds
    • 3 Baths
    • 1,978 SqFt.
    • 2020 Year Built
    • 79928 Zip Code
    • 828606 MLS
    • ACTIVE Status
    545 Lanner  Street, Horizon City image
    545 Lanner Street, Horizon City $284,950 ▲

    Welcome to Ithaca Custom Homes! this is a four bedroom, three bath, two car garage, two story home. First floor is a nice great room and spacious kitchen with Island. Th...

    • 4 Beds
    • 3 Baths
    • 2,173 SqFt.
    • 2019 Year Built
    • 79928 Zip Code
    • 826117 MLS
    • ACTIVE Status
    252 Emerald Day  Place, El Paso image
    252 Emerald Day Place, El Paso $324,950 ▲

    Located in the new Subdivision at Emerald Park 4.Exit Horizon Blvd, straight on Horizon Blvd past turn left on Ashford.Cullers Homes Ocotillo 2018 is a modern concept wit...

    • 4 Beds
    • 3 Baths
    • 2,018 SqFt.
    • 2019 Year Built
    • 79928 Zip Code
    • 839560 MLS
    • ACTIVE Status
    12562 New Dawn  Drive, El Paso image
    12562 New Dawn Drive, El Paso $338,950

    This beautiful home is located in the beautiful growing community of Gateway Estates. Enjoy of nearby community park, amazing shopping, restaurants and entertainment!! Be...

    • 3 Beds
    • 4 Baths
    • 2,434 SqFt.
    • 2020 Year Built
    • 79928 Zip Code
    • 840724 MLS
    • ACTIVE Status
    12572 Barbaro  Way, El Paso image
    12572 Barbaro Way, El Paso $355,950

    This beautiful home is located in the beautiful growing community of Gateway Estates. Enjoy of nearby community park, amazing shopping, restaurants and entertainment!! Be...

    • 4 Beds
    • 4 Baths
    • 2,556 SqFt.
    • 2020 Year Built
    • 79928 Zip Code
    • 840761 MLS
    • ACTIVE Status
    2409 Tierra Murcia, El Paso image
    2409 Tierra Murcia, El Paso $474,000 ▲

    Sanderson's Farm Home! A must see, a different spin on Custom! Home is being used as a model home at the moment, the builder will accept an offer that can close after Apr...

    • 4 Beds
    • 3 Baths
    • 2,630 SqFt.
    • 2020 Year Built
    • 79938 Zip Code
    • 822413 MLS
    • ACTIVE Status
    925 Thunderbird  Drive, El Paso image
    925 Thunderbird Drive, El Paso $612,000

    Stunning state of the art, contemporary and brand new home in the established Coronado Country Club area, now available for sale! 4 bedrooms and 4 full bathrooms. 3 spaci...

    • 4 Beds
    • 4 Baths
    • 2,855 SqFt.
    • 2021 Year Built
    • 79912 Zip Code
    • 840971 MLS
    • ACTIVE Status
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    Alberto Serrano, CRS, GRI, e-PRO, TAHS, REALTOR®

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