Should you buy a new construction home?

The demand for housing is high but the number of existing homes on the market is relatively low with new construction ramping up.  So, should you buy a new build?  Here are the pros of each:

New construction:

• You can choose more energy efficient options – think windows, roof, and appliances
• New construction often means fewer repairs and more warranty options
• And depending how early in the construction process you purchase, you can customize

Existing homes:

• Established neighborhoods
• Greater ability to negotiate the purchase price
• You determine when you move in and aren’t reliant on when the builder finishes