Home shopping: Should you buy new?

Posted by Bonnie Martin Designated Broker on Thursday, March 14th, 2013 at 9:49am.

money.cnn.com - It's official: After years of little activity, homebuilders are dusting off their jackhammers.

Last year housing permits hit their highest level since 2008, according to the Census Bureau, and new-home sales grew 20% from the prior year.

An untouched abode offers advantages, of course, such as a sleek modern layout and few repairs. Buying an existing home, however, may allow you to seal the deal faster and can offer better short-term price appreciation.

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