Killeen area existing-home sales outpace new-homes salesKilleen area existing-home sales outpace new-homes saleshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=40452014-06-03T08:18:00Z2014-06-03T00:00:00Z

KILLEEN - Existing-home sales are outperforming new-home sales in the Killeen-Fort Hood area.

The Multiple Listing Service area shows that from January 1 to May 28, 246 new-home sales and 822 existing-home sales took place. Only 24.3 percent of the sales were for new homes.

For the past five years, construction of new homes in Killeen has declined, but home sales have stayed consistent, except for a large drop in 2011.

The difference between selling an existing home and a new home comes down to buyers’ preferences. Existing homes often have gardens and flower beds. Plus, the initial homeowners likely already fixed any issues that went unnoticed during construction or completed upgrades.

New homes traditionally give people more options on flooring, wall textures and colors. Depending on the year an existing home was built, a new home could offer more modern trends in floor plans, such as larger kitchens and bathrooms. New homes also have a full ten-year warranty.

Killeen Daily Herald
http://kdhnews.com/business/existing-home-sales-outpace-new-home-sales-in-killeen-area/article_904481ea-e945-11e3-bd17-001a4bcf6878.htmlRead more at {Source}

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