Metro Detroit

NEWSLETTER: MAY 2021

May 19, 2021
NHE

LIST PRICE

(RE: STARTING POINT)

We can confirm – all the stories you’re hearing about the insanity in the resale market (the bidding wars, people overpaying for already overpriced homes, etc), is all accurate. Even your beloved New Home Experts®, who get pulled into the resale market on occasion, are experiencing the madness.

In Novi, a showing we scheduled last month went from $439K to $479K overnight, after one day on the market; they had 111 showings confirmed and needed to thin the herd to accommodate “serious” buyers (like, who is out there just kicking tires for funsies right now?!?).

Both of those clients are now looking at new construction; neither thought building would be within their price ranges, but when the resale market forced their budgets upwards, they decided building makes more sense.

Sure, the increase in material costs hasn’t helped keep new construction prices from climbing as well, but you aren’t dealing with crazy bidding wars where people are throwing dumb amounts of money at houses that probably don’t check many (any?) of their boxes. A new home allows you to personalize the layout and add finishes to your taste, minus the competition.

Frustrated with the current state of the market? Us too! Let’s chat about building instead…

FYI – the kitchen pictured above could be your new kitchen in Berkley (scroll down to see our new listing)…


CURRENT LISTINGS

OUR NEW CONSTRUCTION COLLECTION

$724,900

2371 STANFORD | BERKLEY

Our new listing in Berkley offers all the things we love: a commute-friendly location, excellent schools, and Mark Adler.

Featuring 4 bed/2.5 bath and over 2,400 sqft, some of the highlights of this brand-new floor plan by Mark Adler Homes include an open loft space upstairs, a 2nd floor laundry, a mudroom with a bench/drop zone + USB connectivity, a spectacular front-porch that wraps around the den, and a generous deck/landscaping/irrigation package.

And of course, the superior construction, high-quality finishes, and energy-efficiency Mark is known for.

This home is listed exclusively with The New Home Experts® so connect with us for the details and to get started while you can still choose ALL of your selections!

$464,900

LOT 63 | STONEGATE SOUTH

Brick is on! Siding is up! Drywall is hung (take our word)… things are moving along on OUR FINAL HOME in Stonegate South; meaning this is also your last chance to own a home in Stonegate South where the toilets have never been used and come on that alone should be enough.

This 4 bed/2.5 bath/2,760+ sqft colonial by Strathdale Development (near the commute-friendly intersection of Dutton & Squirrel), features a partial daylight basement (which is great if you’re partial to daylight), and is loaded with design enhancements like quartz countertops, upgraded cabinets, hardwood floors, extensive trim, and more! Connect with us for the details; this home should be completed within the next two months!

$689,900

24847 DINSER | NOVI

Construction is set to commence on what will eventually look like the gorgeous home pictured above, in an established neighborhood adjacent to the Island Lake subdivision near 10 Mile & Wixom.

Built by Kensington Family Homes, this Augusta floor plan features 4 bed/3.5 bath, a home office, and 3-car side entry garage, along with all the high-end finishes you’ve come to expect from Kensington.

This home also features one of our favorite features, the deck-eliminating (or at least, deck-delaying) built-in rear porch. Fancy!

And of course, you get award-winning/award-accepting Novi Schools.

Connect with Lou and Jeff (if you’re already working with us), or reach out to Julie & Jennifer directly for the details.


OUR NOT NEW BUT NEW TO YOU COLLECTION

All of our current re-sale listings are under contract – YAY!


IN OTHER REAL ESTATE NEWS…

Fuhrmann Woods | Sterling Heights

It appears Pulte has picked up the second phase of Fuhrmann Woods because of course they did, so expect some of your favorite Pulte plans to be offered from the low $300s in Sterling Heights. While some might prefer the consistency of one builder throughout a neighborhood, we like seeing things getting switched up; it provides a little variety and keeps things from looking too regimented. Clearview Homes breezed through the first phase, but they do have a couple lots left – so if you want a Clearview-built home in Fuhrmann, it’s now or never. As for the Pulte phase, pre-sales are expected to start… soon. [read more]

Orchard Crossing | Lyon Twp

In other non-related builder swapping news, re-development plans the former site of Erwin Orchards seem to be making progress. After Pinnacle/MI Homes submitted what we thought was a solid proposal that was quickly rejected by the township and it’s citizenry, our friends at Lombardo Homes have stepped up to the plate with an excellent plan of their own that has township officials raving. Details of the project, to be called Orchard Crossing, include 120 single family homes, 40 duplex units, a cider mill + apple orchard, a tasting room + full-service restaurant, event venue + outdoor gathering space, and a massive amount of open space… [read more]


BUILDERS: DON’T JUST LIST YOUR HOMES…

GET THEM IN FRONT OF THE RIGHT BUYERS!

Our website caters exclusively to new-home-specific buyers, so in addition to the usual audiences found on the MLS, Zillow, etc., we also bring you local buyers searching specifically for new homes, by creating original, organic content, and pairing it with a social media strategy that guides prospects directly to your listing; and we do it for less than what resale agents charge.

Get in touch to find out how we can sell your homes AND save you money in the process.


CONTACT US

Questions about your new home search? Call or email us today – we look forward to hearing from you! Not ready for that kind of commitment? Check out our new-home-specific-search and email us incognito. Use a name like Anita Bath. We’ll never know it’s you…

Lou Bitove & Jeff Bortnick, owners of The New Home Experts®, have more than 35 years combined experience in real estate, much of that with builders like Pulte & Toll Brothers.  They also provide market research for area builders, developers and national firms.  If you’re considering a new home, remember: the builders rep represents the builder, not you.  Work with the only local agents in Metro Detroit to specialize in new homes, and save money in the process – ask us how!

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