New Home or Existing? Homebuyers Weigh Pros and Cons for the Best Deal

May 15, 2015

Deciding whether buying a new home or an existing home is better is a complicated task for today’s buyers, Investor’s Business Daily reports.

Upfront costs are tend to be higher for new homes because of the premium and the short supply. But competition is tight for buyers looking at existing homes, and competitors include investors who want to buy houses for rental property.

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