New doesn’t mean flawless—and a warranty won’t always save you. Here’s the hard truth: new construction homes are not immune to mistakes. In fact, many have defects that go unnoticed until well after closing. These aren’t minor cosmetic blemishes—they’re foundational, mechanical, and structural issues that can cost you dearly down the road.
While the layoffs at Tesla are undoubtedly challenging for those directly impacted, the broader perspective is that Austin’s economy, bolstered by the economic strength of Texas, remains strong and well-positioned for the future. This event, though noteworthy, is just a minor ripple in Austin’s thriving economic pond.
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash.
On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around.
Finding the right home is one of the biggest challenges for potential buyers today.
![Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]](https://adamtimothy.com/wp-content/uploads/2024/01/202401-1.webp)
![Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240125/202401-1.PNG)
Home affordability depends on three factors: mortgage rates, home prices, and wages.