What Happens to the Value of a New Home
Buying a brand-new home is exciting – everything is pristine, up-to-date, and built just for you. Over the long run, real estate tends to appreciate in value. However, many real estate professionals observe that homeowners who try to resell a new home within a year or two often struggle to turn a profit (or even break even). Is this just anecdotal, or does data back it up? Below we explore what happen...