While mortgage rates are at an all-time low, people looking to buy their first home - particularly millennials, who accounted for half of all new home loans in 2019 - have a limited and aging stock of houses to choose from. ![]() The process is so fraught with complexity that it can be more attractive to find a house that’s ready for move-in, even if it doesn’t check all the boxes.īut, even then, today’s homebuyers aren’t spoiled for choice. ![]() Some things in life are so complicated that it’s easier to say, “Screw it - I’m not going to do this at all.” That’s what building a new home is like for most people.
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