Top Home Buying Trends for 2019

new townhomesW.B. Homes is the top custom home builder in the greater Philadelphia area, and we would be happy to show you our homes, some of which reflect the latest trends in multigenerational living and the tastes of Generation X and millennial home buyers. Whether you’re trading up to accommodate your growing family or want to scale down to take advantage of your equity in a seller’s market, we are here to accommodate your needs.

In some respects, it may be a challenging year for home buyers who continue to compete for fewer homes on the market. Rising home prices and mortgage rates impact the affordability for many families. However, 2019 will continue to bring welcome developments as well. Custom builders such as W.B. Homes are constructing more homes geared toward first-time buyers, and lenders are slowly making it a bit easier to get a loan.

Townhomes For First-Time Home Buyers

According to the National Association of Realtors, millennials born between 1980 and 1998 account for 37% of buyers, and the majority of them were first-time buyers. Townhomes, such as those sold in W.B. Homes’ Brynwood and Fairland neighborhoods, are often a great choice for those just taking on home ownership.

Located in Collegeville, Pennsylvania, The Courts at Brynwood offers the perks of owning your own home without the hassle of landscaping and yard maintenance. With prices in the $300s, you choose from a wide selection of home plans from approximately 1,600 to 4,000 square feet with 3-5 bedrooms.

For those with a bit more to spend, Fairland at Gwynedd has townhomes in the $600s. Fairland at Gwynedd is an upscale neighborhood by W.B. Homes that features move-in ready townhomes with open floor plans and lots of bells and whistles that millennial and Gen X buyers love. Ask one of our sales associates about any of the homes in our inventory. This community has townhomes with 3-5 bedrooms, 2.5+ baths, covered porches, 2-car garages and plenty of customized options.

Inventories Are Still Low

Real estate continues a six-year trend of low inventories that gives sellers an advantage. However, at W.B. Homes, we cultivate a relationship with our clients that we hope will last a lifetime. Ask Donna, our New Home Advisor, for help in locating a home within your budget and specifications. She will assist you in nailing down the perfect homesite, type and location for your single, family or multigenerational needs.

The prolonged seller’s market isn’t the ideal situation for those looking for a home of their own. But the forecast shows that the number of homes for sale may soon increase. There are already homes available at many of our neighborhoods in the Philadelphia area.

With Rising Home Prices, Now’s The Time to Buy

Home prices are predicted to keep rising in 2019, according to NAR’s housing expert Lawrence Yun. The NAR expects home prices to rise by 2.5% in 2019, compared with a 4.7% rise in 2018. However, W.B. Homes has always and will continue to work within the budgets of our clients to put them into affordable homes that meet the needs of their families.

Founder William “Bill” Bonenberger has been building homes for more than 30 years, and as a family-run business, W.B. Webb operates on the core values that customers are people and not just numbers.

Contact Us Today

The experts at W.B. Homes are dedicated to keeping up with changing in the market so we can stay in tune with the needs of our customers. However, we believe that creating custom homes allows us to meet the needs of every generation in a unique way. Contact us today at (215) 699-0800 to learn more about our homes and neighborhoods.

Meet Donna, Your Trusted New Home Advisor

As a helpful resource, Donna’s here for you. She knows all about the neighborhoods in which we build and will help guide you towards making the best decisions about your perfect W.B. home.