2018 Homebuyer’s Forecast
The coming year in real estate is shaping up to be quite a ride for today’s homebuyers! While the market continues to evolve, one thing remains certain—planning, preparation, and partnering with the right builder can help you secure the home that fits your family’s needs sooner than you might expect.
Several economic factors continue to push more buyers toward new construction. Strong job growth, rising consumer confidence, and steady demand for housing have led many families to explore newly built homes as their first choice. As a result, the market for new construction has become increasingly competitive nationwide.
Builders across the country—including here in the Southeast—are working diligently to meet buyer demand. Historically, new home inventory trends upward year over year, especially in the mid-range and upper-range price points. Home values also tend to appreciate steadily, making new construction a strong long-term investment for many buyers.
How is all of this shaping buyer behavior?
- Buyers are reallocating their budgets. Many are choosing to invest more in housing, even if it means making lifestyle adjustments such as cooking at home more often or postponing nonessential purchases.
- More buyers are exploring suburban and exurban areas. These locations often offer greater affordability, more space, and excellent community amenities—all strong incentives for growing families.
- Multi-generational living continues to rise. Families caring for aging parents, as well as young adults living at home longer, are seeking floor plans that allow for blended households with flexible space.
- Demand for smaller, efficient homes remains strong. Many builders now design thoughtful floor plans with three or four bedrooms to meet the needs of first-time buyers and downsizers alike.
Of course, financial and tax considerations continue to influence the real estate market. While legislative changes may affect buyers differently based on income and location, many financial experts recommend speaking with a trusted professional to understand how current policy impacts your personal homebuying strategy.
At Ernest Homes, we believe in empowering you with knowledge and confidence throughout your homebuying journey. Our team is committed to building long-lasting relationships—not only with our buyers but with the community we proudly serve. We take the time to get to know every family who walks through our doors so we can help guide you to the home that truly fits your lifestyle.
Experience the Ernest difference. Reach out to us anytime by email or by calling 912-660-9673. When it comes to finding your ideal new home, we’re with you every step of the way!
