Things You Need to Know as a Buyer or Seller - Central Florida Real Estate Radio Show - Laura Petersen

Although most homes for sale are resales, one out of four homebuyers purchases a new home. Which is better: existing or new?

The right answer, of course, is up to you. Both resales and new homes offer advantages. Existing homes are less expensive on average, and are generally closer to, and enjoy the warmth and surroundings of, established neighbourhoods. New homes, on the other hand, offer innovative use of space, modern energy efficiency, and choices of options and upgrades. What's more, everything is new - even the neighbours.