Denver Area New Construction Deals!
It’s an interesting time right now for real estate. We’re just coming out of a really tough year with soaring interest rates halting homebuyers to a stop. It feels like we’re coming out from the other side as we’re now seeing rates slowly decline, the Fed is announcing future rate cuts, and the market is starting to stabilize….a little bit.
If you are looking to make a move, I think right now is the perfect time to hit. The buyer craze hasn’t quite hit yet, sellers on resale homes are more likely to give concessions, and builders are absolutely giving out concessions. However, in my opinion, this chance isn’t going to last long. These incentives are also geared more towards move-in ready homes, or homes that will be ready in the next few months.
These incentives are through the builder’s preferred or in-house lenders. This is a good opportunity for me to advocate for checking in with a local lender as well. They may also be able to match this rate. Need a local lender recommendation, I’m happy to share!
Speaking with builders in the Denver area, they are seeing more and more buyers start flocking to new home sales. Right now, here are the deals builders in Painted Prairie and other neighborhoods in the Denver area are doing. If you are interested in exploring more options, send me a message and let’s start exploring all the options!
*Note: All of these are the builder’s advertised incentives as of January 16, 2024. These incentives can change at any time. Eligibility depends on buyer’s financial situation.
Painted Prairie
4.75% (5.769 APR) 30-year fixed
Up to 6% off the purchase price
Up to 5.875% (6.232 APR) 30-year fixed
5.25% 30-year fixed rate
Other Builders in the Denver Area
5.25% / 5.293% APR
4.875% (7.853% APR) 30-year fixed. Adjustable-rate financing also available
5.49% (5.61% APR) 30-year fixed rate
4.750% (5.496% APR) FHA fixed rate
5.750% (5.807% APR) 30-year conventional
Tripointe
30-year fixed Conventional 2-1 Buydown – first year rate 4.375% (6.673% APR)
3.99% (6.746% APR) 30-year fixed
*Note: All of these are the builder’s advertised incentives as of January 16, 2024. These incentives can change at any time. Eligibility depends on buyer’s financial situation
