New Construction Homes & Design in Palmerton Pennsylvania
Palmerton offers a great many choices for buyers looking for new construction homes. A familiar area in northeastern Pennsylvania, Palmerton is nearby to many beautiful outdoor attractions for outdoor activities and fun. The town also has relatively easy access to the Lehigh Valley and the cosmopolitan areas of New York and Philadelphia.
Palmerton has grown steadily as people from the Valley relocate from the more overbuilt cities. More people are moving from the overcrowded regions and states along much of the eastern seaboard of the United States. This exodus has put steady pressure on the availability of existing homes in the real estate market, and has led many families to the golden opportunity to create a custom new construction home tailored just to them. Those considering building their new dream home in scenic and well situated locale with easy access to two major cities, Palmerton may be the perfect town.
Good News for Home Buyers in Palmerton
Although the financials have been filled with glum projections that mortgage rates will rise with increasing economic growth, it’s still largely a buyers market in Palmerton. Incremental Federal Reserve tightening of the money supply and raising of the 30 year treasury have put some upward pressure on rates, but that’s only part of the story.
For many if not most, the more important effect of US economic re-expansion has been an easing of mortagage lending policy. Ever since we weathered the housing bust of 2008-9, banks have largely restricted their lending to home buyers. Basically, the only new home buyers who could qualify, were those who didn’t need loans. This outlook has changed drastically for those who want to get in on the housing market.
With the current reductions in federal regulations, fuel has been added to the economy overall, and to housing in particular. The current agenda of the powers that be has been an easing of burdensome rules making in relation to mortgage loans. This promises a bright future for those reading this page, including the homebuilders who create new construction homes for prospective home buyers.
Other Planning Considerations of a New Home in Palmerton
Knowing the Financials of a New Home
Build on Your Dream Lot in Palmerton
If you already own an existing land plot or lot in Palmerton, your choice is probably already made. If you don’t own any land now, this is the first important decision you will want/need make about a buying a new house. Future Homes often has lots available or knows which of the best lots in Palmerton are available that will meet your desires and financial means. Researching local real estate listings for more information and current pricing is something many do when starting out, but Future Homes can ease this seemingly daunting task. It may still be wise to consult with several local real estate agents until you find exactly the lot you’re looking for.
If your dream has always been a custom house on the edge of town with more privacy, you can find it in Palmerton. Alternatively, if you have a young and growing family, you may well want to live in a community development close to other families with children. Some developments have community and common recreational facilities. Many developments these days have gated security, which for some is a major desire. Just remember that communities have HOA dues. These often include trash and snow removal fees which are charged as a portion of annual home owner dues. All prospective buyers mst make sure the additional costs are reasonable for what they provide.
Future Homes is familiar with all of the local building codes in Palmerton. Many housing developments have additional deed restrictions on the location or size of house you may want to build on. Deed codicils can even dictate where you can park vehicles, types of trash containers, burning considerations, construction of decks, installation of pools, and a number of additional conditions. This is critical information that must be fully investigated when shopping for a new construction home, even if it is on your land. We will be a valuable source of info on these details and can save you many thousands of dollars, headaches, and blunders.
Taxing Concerns
Construction cost i Palmerton is only one cost to consider when building a new home in the locale. Regional property taxes are always an important consideration. This in fact is often a reason new residents chose to come to Palmerton from other areas of the Lehigh Valley, New Jersey, New York, and elsewhere. Palmerton’s tax rates can be considerably lower than other more expensive counties and states. Lower annual property taxes can obviously make building your dream house in Palmerton easier. It can give you more bang for your buck rather than other areas, all the while hopefully keeping future property tax costs within budget.
From the outset of your search, our owner/consultant Tyler Haydt will work hand in hand with you during the new home design and construction phases of your project. You can rest assured you will love and enjoy your new home without problems.
Call 610-951-4444 for a Free Consultation on Your New Palmerton Dream Home