You probably know by now that our real estate market is still in a bit of a slump. This has affected all corners of the real estate industry, particularly Illinois new construction. Because many developers work on building a product that may not be complete for 6 months, many builders are being forced to predict future market trends in order to plan out future inventory. Many builders have been forced to offer increasing incentives to get rid of existing inventory and create interest. This has been great news for Fox Valley home buyers that have often been able to score lots of upgrades, special financing options or low prices when choosing new construction. Despite the difficulties, there doesn’t seem to be any shortage of new subdivisions going up in the communities surrounding the Fox Valley area. If you are Relocating to the Fox Valley from out of state, new construction may be a great option. You should continue to find deep discounts and incentives throughout the year as builders continue to try to stimulate buyer activity and get rid of existing spec homes.

#1 Visitor271 - 18 September, 10:28 AM
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