Tips to buying a new home in the current market

I have worked for a few different home builders in the Houston market and there are a few tricks to get the best prices new home builds. The number one most important thing is to know when their year ends (for publicly traded companies). For many of them their fiscal year ends in December, but that’s not the case for some of them like Lennar who’s year ends in November. Completed homes cost a ton to maintain for builders. If there is a home that is already finished, or nearly finished you can get deep discounts, especially if the fiscal year is almost up. Right now builders are very open to compensating for closing costs etc, you just need to ask. If it’s a newly finished home,ask for some small upgrades that would be easy to do, like blinds, etc. it’s slowly turning Into a buyers market where you can get quite a bit more for your money.