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June is National Homeownership Month

Wednesday, June 5, 2013   /   by Teresa Dipeso

June is National Homeownership Month

June is National Homeownership Month, giving you an excuse to purchase a new beach home or find ways to revive it!What advice would you share with young buyers on purchasing a home? What do you wish you had known when you purchased your home?


Home BuyerAccording to the National Association of Home Builders (NAHB), builders have begun recognizing the need to design and construct homes around younger buyers these days. “As the economy recovers and young people who had to live at home with their parents move forward with their lives and achieve their dreams of homeownership,” reports NAHB Chairman Rick Judson, “home builders are delivering homes that cater to the floor plans, features and affordability that this generation desires.”


That means that energy efficient homes, tankless water heaters and ENERGY STAR-rated appliances top the list and that doors, windows and insulation are a focus, as well. In large part these options are requested due to the longer term annual savings over the life of the home. A recent NAHB study found that older homes (constructed prior to 1960) can expect maintenance costs of $564 a year, while homes constructed after 2008 averaged only $241 annually.


With that in mind Judson stresses that now is the time for young professionals to buy homes. “There are outstanding opportunities in the current market," Judson explained. "With near record low interest rates, competitive prices and new homes being built that include open layouts, energy efficient components and other features that cater to young buyers.”


To learn more about current building trends, check the NAHB website or visit NAHB on Pinterest to get project ideas for updating your home.


To find your new home at The Jersey Shore visit www.jerseyshorerealtygroup.com or call our team 609-780-1434 today !

Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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