Property details Now available is this beautiful 1970's Harper Creek ranch! This well-maintained property offers 3 bedrooms, 1.5 bathrooms, an attached two car garage, and a large yard. You will also find a natural fireplace in the living room, a spacious covered patio, and main floor and basement laundry hookups. Some other great features are a brand-new furnace in 2023, a newer roof, and a full house Generac generator. Call or text Zachary Callender for a private tour!
Economy:
The housing shortage is so bad older homes are almost as expensive as brand-new ones
Introducing new construction homes
Skip the renovations—enjoy the luxury of a DIY-free move with these new construction homes.
About this home plan
Our 55+ active community in Battle Creek, Michigan features The Cedar. When you step into this 3 bedroom, 2 bath house, the airy, inviting open floor plan will take our breath away.
The Cedar features a spacious living room that harmoniously blends into the contemporary kitchen and dining space, equipped with brand-new energy-efficient appliances, ample counter space, and a pantry. This living space is perfect for cooking your favorite meal, entertaining friends and family, or simply relaxing in an open, tranquil space. Retreat to your hideaway master suite, boasting a walk-in closet and deluxe ensuite bathroom with a spacious shower and double sink.
The airy second bedroom accompanies a large closet for extra storage, and the third bedroom is perfect for accommodating a small den or office space.
The main bathroom includes a tub/shower combination and vanity with additional storage. The laundry room neighbors the kitchen space and is a great bonus to have. Finally, park your favorite vehicles in an attached two-car garage that provides additional storage and workspace. Combine all of that with countless on-site activities and amenities and you'll be proud to call Glenmoor Village home.
If you're looking for a deal in the homebuying market, you might want to ditch the fixer-upper and spring for a brand-new home.
For the last half-century, newly-built homes in the US have sold for much more, on average, than older homes. But these days, new homes for sale are less expensive per square foot than existing homes. Overall, newly constructed homes are selling for just 3% more than older homes, down from an average of 16% more since 1968, The Wall Street Journal reported.
Prices for existing homes have risen as fewer of them are on the market. The inventory of existing homes being resold has fallen significantly in recent years. As of March 2024, the number of existing homes for sale had fallen to 1.1 million from 1.7 million in 2019, and sales of existing homes hit a near 30-year low last year, a Harvard report found earlier this year.
New construction homes are playing a bigger role in the housing market
Mortgage rates have been falling in recent weeks, but a high near 8% last month took a bite out of new home sales, according to the latest figures from the Commerce Department. Sales of new single family homes fell 5.6% in October — more than expected. But they’re still up, almost 18% over last year.
In fact, newly constructed homes are playing a much bigger role in the housing market today than they have in at least four decades.
High mortgage rates are gonna put a damper on home sales no matter what, said Anirban Basu, an economist and CEO of Sage Policy Group. But in today’s housing market new construction has some advantages for buyers, namely, it’s what’s available to them, Basu said.
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