When is the Best Time to Buy a House?

In the past few months, mortgage applications have risen more than 9 percent compared to 2019. That’s because interest rates are low and inventory is high. Although interest rates are low, is this a good time to buy a house?

There are certain times of the year when you can get an even better deal as a buyer. We’ve researched so that you don’t have to.

Take a load off, read on, and find out when you should start thinking about buying your dream home.

The Choice Months When You Buy a House:

As winter ends people start to put their houses on the market. Starting in March and lasting through the summer, the choice of houses increases dramatically. This means that for about five months or so, your options will be biggest.

Of course, buyers know that sellers do this, so more buyers look at houses between March and July. That means there is more competition for each house on the market. This is true for Sabal Homes in the Brandon area, too.

So while there is a much greater choice if you want to buy a house in the spring and summer, prices are also likely to be at a premium, too.

Time to Negotiate

In the winter months, sellers who are still on the market are getting more desperate to sell their house. That means it’s a great time to buy because you’ll likely be able to negotiate a better price.

At the same time, there are fewer homes on the market between November and February. According to the US census, just 25 percent of people move during these months.

The result is that there is less inventory to check out but you’ll get a better deal on the house you find. Talk to one of our Sabal Homes experts about our inventory at Hidden Reserve and FishHawk Ranch. We will inform you on the availability of homesites in both communities.

End of Summer Sweet Spot

Did you know there is a sweet spot when it comes to buying a home? When August and September roll around, a lot of houses still remain on the market, but sellers are getting increasingly desperate to push their move through. This means, there is a good inventory to choose from, but prices will be more favorable for buyers.

Houses that have been on the market all summer may have been overpriced. Now, as pressure mounts on sellers to get out they will be more open to negotiations in price or concessions. We can help you with finding your sweet spot with Sabal Homes in the Brandon area.

Make It Your Choice

No matter the time of the year, it remains the case that buying a house is a personal decision. Keep an eye on the interest rates because they remain at historic lows. It may be that with interest rates so favorable, buying in the peak season of mid-summer is a better choice for you.

If you find your dream home in a place like FishHawk Ranch in the middle of February then go for it! At Sabal Homes, we understand it’s your big decision after all. We are here to guide you in getting or building the home of your dreams.

If you’re ready in the height of summer to buy a house in gorgeous Hidden Reserve, what’s stopping you? Act now to take advantage of the low interest rates.

Buy A House When It Suits You

As you can see, the different times of the year can affect available inventory and price. But when you’re ready to buy a house, you’re just ready.

Keep in mind that you might get a better deal in the sweet-spot months. Plan if you can, so that you know what’s out there and when you might want to move.

If you’d like to learn more about our dream homes and when to purchase them, give us a call today.

Yes, Buying a House in 2020 Is Worth It (And Here’s Why!)

Here’s Why You Should Consider Buying a House

When the list of things to accomplish in 2020 comes to mind, buying a house is probably not at the top right now. Continue reading to learn why this might change…

After all, perhaps you’ve had to buckle down a bit as the economy has taken a hit, and you don’t want to risk making big purchases. You might think that making such a large investment might be risky right now, but it’s actually a good opportunity to acquire a property according to expert real estate professionals.

Why You Should Buy a House Now:

Mortgage Rates Fell To Record Levels

One of the biggest reasons to jump into the real estate market right now is that mortgage interest rates have fallen to levels rarely seen before.

In fact, average rates fell to 3.29 percent in early March for a 30-year mortgage. However, the low rates won’t hang around forever. There’s already some evidence that they are rebounding – which can add thousands of dollars over a mortgage term.

Home Values Still Rising

Despite the economic slowdown, home prices are still on the rise. That means that the investment in the market you make now is poised to pay off in the future.

A report from earlier in 2020 outlines that U.S. home values had reached $29.2 trillion, which is a new record. Lower interest rates are one of the drivers of home values. It creates more competition in the market and allows potential buyers to qualify for bigger mortgages.

Here at Sabal Homes of Florida, our available homes range from the high 500’s to the mid 800’s. We have three move-in ready houses you can choose from in prestigious neighborhoods.

There Are Deals To Be Had

While home values are continuously rising, there are still a lot of opportunities out there for those looking at picking up a property at bargain prices.

For example, if you’re looking to buy an investment property to rent out, now is a great time. That’s because investors in short-term vacation rental properties, in particular, are looking for liquidity, which means you could score a deal if you look hard enough.

However, there may be fewer properties on the market due to foreclosure. That’s because some big lenders put foreclosure moratoriums in place to help assist homeowners currently financially struggling.

You Can Start Building Your Future

There’s no guaranteed perfect time to jump into the housing market. But buying now is a sound investment that could provide security for an uncertain future, say experts.

It may also be an opportunity to create the home of your dreams. Choosing a design/build option means that you get exactly the home you want now, without having to worry too much about upgrading or modifying an existing property down the road. We specialize in custom homes here at Sabal Homes and will be happy to work with you to create the home of your dreams.

Buying a House Shouldn’t Be Off The Table

Despite the financial challenges faced by the country (and the world) at the moment, it shouldn’t end your decision about buying a house.

With low-interest rates and rising property values despite the slowdown, it could be the perfect time to invest. Find out more about our available properties by contacting us today.

5 Tips for Picking the Perfect Home Lot to Build Your New House

How to Pick a Home Lot

Building your dream house is an exhilarating prospect.

But it isn’t cheap. Indeed, custom house construction costs can range between $100-400 per square foot. That means a 2,000 square foot home could cost up to $800,000!

Thankfully, picking the perfect lot on which to build will help deliver full value for money. Are you looking for advice on selecting an ideal location for your new home?

Keep reading for 5 top tips on doing exactly that!

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1. Take a Look Around

Start by taking numerous tours of the area.

You want to look around, walk the streets, and get a feel for the neighborhood.

Visit at different times of day to see how the atmosphere might change. Pay attention to your would-be neighbors and their families. Think about distances from work, the local amenities, and schools.

These kinds of factors will all play a role in your final decision. You’ll begin to realize whether or not you’d enjoy living there in the long term.

2. Consider the View, Traffic, and Noise Level

Pay attention to your senses whenever you visit the lot.

What can you see, hear, and smell? How does the location make you feel? The best lots tend to boast incredible views, low traffic, access to green spaces, and peace and quiet.

Its orientation is important too. For example, east-facing houses would enjoy the morning sun; west-facing houses would get the sunset (as well as the heat in summer).

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3. Consider the Topography

The lot’s physical features are vital considerations as well.

What’s the lay of the land like? Is there an enormous slope that would need leveling? Are there masses of stones that’d need removing? Are there trees that’d block the sun or pose a potential risk to the property?

Any additional work that needs doing to the land will cost money. Speak with a builder in advance to get their opinion on the topography.

4. Assess Growth Potential

Ask yourself how the surrounding area might change.

Find out about the extent of development and how many houses may spring up around you in due course. Consider how the wider community might alter and the impact it’d have on your property.

For instance, the construction of highways and train tracks nearby would have a big effect on your home’s value- not to mention how much you enjoyed living in it.

5. Create a Mental Image

Think about the home you’re planning to build.

Now imagine the finished building in place on the lot in question. Conjure an accurate mental image of the house and your family living there.

Imagine the space you have available, your proximity to the neighbors, the view you get in the morning, and the commute to work, and so on.

You should come away with a better sense of whether it’s the right lot or not.

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Time to Pick the Perfect Home Lot

Building your own house is both an exciting and expensive prospect.

Understandably, you’ll want the final outcome to be as close to perfect as possible. Hopefully, this post will help you pick the ideal home lot that’ll deliver the end result you’re after.

Looking for an industry-leading housing contractor in Florida? Contact us today.

Building a Dream Home in the Brandon Area

Dream Home in Brandon, Florida

Situated just a short drive from the cosmopolitan Tampa Bay and the beach, Brandon’s affluent communities offer respite from the hustle and bustle while keeping people connected. It’s the perfect place to settle down, raise a family, and have some fun.

Curious about building a dream home in the Brandon area? If so, read on to learn more about how Sabal Homes approaches building custom dream homes.

Gulfview Ext with Palms 1

Provided by or compliments of bassenian-lagoni architects. We have other mood photos provided for inspiration by BLA for homes they have designed for us over the past 30-years, including interiors MBA & staircases that show detail.

Decide What Is Important to You Before You Begin

Many of us have imagines our dream house for years now. It’s one thing to want to build a dream home, but it’s another to narrow down the specifics.

First, map out your priorities and create an achievable timeline. Goals with deadlines are more likely to come to fruition than goals without deadlines.

Questions to ask yourself during the beginning stages:

Make sure to document all your answers so nothing gets forgotten when the time comes to meet with us.

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Tradewind Exterior By Rob Harris

Create a Budget

You’ll want to consider your budget in the previous stage, but once you’ve narrowed down some of the critical details of what you desire, it’s time to focus on the financial planning phase of your dream home.

Research the cost of homes in the neighborhoods which fit your desires. For instance, homes in Fishhawk Ranch and Hidden Reserve differ in price. In fact, the homes in Fishhawk Ranch range from approximately $624,000 to $800,000. On the other hand, the homes in Hidden Reserve range from approximately $498,000 to around $670,000.

Study your income and projected cost ratio to see which ones fit your budget.

Finally, create a contingency strategy. Unexpected expenses occur, and nothing ever goes exactly according to plan. Your budget should account for that. Always have extra budget in your back pocket in case anything arises.

Make a Final Decision on a Plot of Land

Do you want to live in a posh neighborhood? Or are you looking to build your dream home from scratch away from everybody?

Making the final decision on the location of your dream home is as important as building the house itself. Remember, your ideal house should be as close to perfect as humanly possible. Your home’s location has a lot to do with that, so take your time on this step. Location is everything, so consider the differences between our neighborhoods.

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Hero 2 Tradewinds

Join our OYL & Semi-Custom Home Program

Here at Sabal Homes, we take care of the builder crew for you. We have in-house complimentary design services to help guide you in planning your dream home. We can sit down with you a design a custom floor plan and new front elevation that is everything you ever wanted.

If your vision requires collaboration with other design professionals, then we can contact our strong team of third party consultants to make your dream a reality. Our OYL and Semi-Custom value proposition is built upon our years of experience, responsiveness and creativity.

Let us take away the hassle of finding an architect, crew and design team for you to enjoy the home building process. Keep in mind, true custom homes projects can cost 1.5X per square foot for a standard plan. Factor this into your budget if you want a custom design.

Enjoy Your Dream Home

After you’ve braved the gauntlet, sit back, sip a mojito, and gaze at your dream home’s glory. It’s all worth it in the end, so enjoy the fruits of our labor. You will not only enjoy your dream home, but you will also enjoy making it!

Contact us today to learn more about our dream home process.

Built to Last: 5 Questions You Should Ask Your Luxury Home Builder

Ready to build your luxury home? If you answered yes, then it is time to start thinking about who you will hire to build it. This is perhaps the most critical step.

You may have a design in mind or even the necessary funds but if you do not find someone who is proficient to execute the building of your home you are going to find it a difficult process.

In order to prevent this from happening you need to hire a competent and reputable builder. Here are a few tips to help you choose the right luxury home builder.

5 Questions to ask a Home Builder: 

  1. Do You Have Experience as a Luxury Home builder?

Your home builder should have experience. They should have a portfolio of prior homes built and have to ability to display photos of their past work.

If the company is new, the contractor should have previous luxury home projects for you to consider before hiring them. 

  1. Are You Licensed?

Your contractor should be licensed. It does not make sense to hire someone who has no professional certification. Licensing is not a requirement in every state but your contractor should at the very least be able to show continued education in the field and be a member of a professional body for home builders.

  1. Do You Have Insurance?

Having insurance is very important because accidents do happen on construction sites no matter how careful everyone is. Builders must have general liability and workers’ compensation insurance.

If they do not have this type of insurance and someone gets injured, you could find yourself being held liable.

  1. How Much Will it Cost?

The amount of money that it will cost should be outlined before you enter into any contractualagreement.

Be familiar with the billing cycle. You do not want to be in a situation where you are blindsided by costs at periods that you did not expect. 

  1. What Is the Time-Frame Like to Finish the Project?

The time-frame for the completion of the project is important. While pinning your builder down to a specific date may not be possible, there should be some discussion about the month in which you can expect completion of the project. You should also ask for a schedule.

The reason why you should not pin your builder to a specific date is that many things can affect the timeline. Weather, construction changes you want, and the design of the home can all be a factor in how long it takes to finish the project.

A Final Look

You now know the right questions to ask your home builder. The decision to build your dream home is a big one and you want to place your project into the right hands so that you have peace of mind.

The best thing you can do is to ensure that your builder has the experience, insurance, and licensing if your state requires it. Also, remember to ask about costs and the schedule for completion.

If you would like some help with building your luxury home, please contact us.

4 Tips to Find a Builder for Your Luxury Home in Brandon

So far this year, roughly 1.5 million building permits were issued for new residential construction. Are you planning to be one of the newest applicants for a building permit? Continue reading to learn how to find a builder.

The prospect of building a new home is exciting. Whether you plan to build on your lot or in a planned community, one of the most important parts of the process is to find a builder, one you can trust.

When building your dream home, a quality builder will listen to your wants and needs. Stick around to learn some tips to find a builder in Brandon, FL.

How to Find a Builder

Building a home is an exciting adventure, but stressful at the same time even with the best quality home builders. Let’s look at some things you can do to find the right builder for your new home.

1. Do Your Research

Firstly, good builders have portfolios and many examples of their work to show you. Ask around your area for builders that your friends or colleagues have used or know something about.

What types of homes have they built? What kinds of materials and finishes do they typically use? How many years have they been in business? What kind of ratings or reviews do they have?

2. Ask for References

Ask for client references. They can give you an idea of what to expect while working with the company. How easy is it to communicate with the builder? Do they deliver a quality product? Can you expect your completed home to be exactly how you want it?

Unbiased opinions are best. If there were problems, find out if they were satisfactorily resolved. Ask if clients would use the builder again.

3. Options

If you are planning to build a luxury home, you want to make sure that the builder you choose can deliver high-end options. You don’t want to be limited when designing your dream home. Choose a builder where the “sky is the limit.”

Building a semi-custom home offers you the luxury of using better quality materials and adding upgrades that you might not get in a typical subdivision.

4. Communication

When interviewing potential builders, ask a lot of questions and evaluate their communication style. Is the builder willing to answer even the most ridiculous questions? Do you feel that you’ll stay informed throughout the building process? Does the builder seem easy to work with? Will he or she communicate well with subcontractors to keep your project on track?

Quality Home Builder

Now that you know to find a builder for your luxury home in the Brandon, FL area, you can get started making your house plans a reality.

Do you know who can help you build the home of your dreams? We at Sabal Homes of Florida have been building luxury homes since 1976. We are family-owned semi-custom home builders with expertise in the area.

Our newest model is under construction in the new home community at Hidden Reserve Brandon, Florida. Contact us today with your questions and for more information.

The Investment of Working With an On-Your-Lot Builder

If you own land in Brandon, FL, you own a piece of one of the fastest-growing cities in the United States. People are flocking to Brandon due to its convenient location. It is just outside of Tampa and its diverse shopping, entertainment, and food offerings. You may be looking to cash in on this mass migration and sell your land for profit. Alternatively, you may be thinking of settling down yourself. Or even turning your plot of land into a home worthy of the many beautiful estates in the Brandon area. Either way, you can’t go wrong – an investment in property is an investment in your future. Continue reading about investing in an On-Your-Lot Builder.

Below, we discuss how working with an on-your-lot builder is an investment for landowners in Brandon. Whether you own a vacant lot or an aging home, whether you hope to flip the property or move into a new home, it’s in your best interest is to partner with a home builder that can build on your lot in Brandon

Increasing the Value of Your Land 

There are numerous ways to raise the value of your land. Improving access to the property, adding utility lines, installing drainage, and placing gates to deter trespassers are just a few. You can even convert your land to farming if you’d like. However, those looking to move to Brandon are overwhelmingly looking for a new home, and nothing increases the value of a plot of land like a semi-custom luxury home. 

You’ve seen this in action if you’ve spent any time in the Tampa Bay area. Left and right, dilapidated single-story bungalows are being torn down in favor of two-story luxury homes. Homebuyers are looking for a home that they can raise a family in. One that they can pass down to the next generation. These buyers would rather invest in a new home than a fixer-upper. This reason alone is enough to convince many property owners to invest in Brandon custom homes. However, not all landowners are looking to sell. 

The Investment of a Lifetime

Investing in your property with an on-your-lot builder is one of the smartest financial decisions you can make in your life. Too often, owners see a vacant lot and think that their only option is to sell. Alternatively, they look at an aging home and all they can imagine is the hassle of building from scratch. By selling your vacant lot, you are giving up on what could be the home of your dreams. Even worse, you could be a short partnership away from making your property far more valuable. If you’re in love with the Brandon area, and you have the land to spare, why not work with a team of professionals who can build on your lot in Brandon

At Sabal Homes of Florida, we are proud to offer Brandon residents an alternative to selling their property for less than what it’s worth. We offer an assortment of award-winning home designs. The pinnacle of contemporary design, these homes will stand for years, enriching the lives of their residents and raising the property value of the lots they occupy. Whether you are looking to sell or move in, a semi-custom luxury home from Sabal Homes of Florida is the investment of a lifetime. 

To speak with a builder of Brandon custom homes, or to start building your luxury dream home, please submit our contact request form or call us at 813-655-7475.

Why You Should Build a Custom Home Instead of Remodeling

Homeowners that are looking to breathe new life into their homes have a difficult choice to make. Should they remodel or build from scratch? While remodeling may seem like the more budget-friendly option, that’s not necessarily the case. Below, we’ll discuss how owners can benefit from building from the ground up and partnering with a semi-custom Lithia luxury homebuilder. Learn why you should consider a custom home instead of remodeling. If you’re looking at your aging home and imagining what could be, consult the professionals at Sabal Homes. We offer a fresh perspective on the home building process. 

Custom Home Instead of Remodeling:

Embracing Modernity

No matter how extensive your renovation is, you can never truly cover up the flaws in your home’s design. Modern renovations will always clash with older homes that don’t feature the open floor plans and oversized windows. (Which are both a commonplace in a Sabal home.) For a harmonious marriage of design, style, and class, you will need to build your vision from the ground up. At Sabal Homes of Florida, we provide our clients with a design studio experience and one-on-one assistance from an interior designer, so they can control the look and feel of the cabinets, flooring, and furnishings that will be featured in their luxury home. 

Beauty Before Age

Of course, the main draw of a new home is its beauty, both inside and out. When you build a Lithia luxury home, you don’t have to sacrifice form or function to get the home of your dreams. In addition to offering an assortment of exterior options, our series of award-winning designs are a marvel to look at. See for yourself. With our semi-customizable series, you can change the look and feel of your home with the click of your mouse.

Furthermore, each and every Sabal home incorporates the latest in green construction and energy-saving initiatives. From LED lights to tankless water heaters, our homes are efficient in ways that may not be possible form remodeling.

A Hassle-Free Home 

Bottom line: there’s no use dumping money into a home improvement project that would be better towards a new home. While remodeling and building are both major undertakings, remodeling entails living among the noise and mess of construction until completion. You would also need to consider if renovations are permissible in your area, whether or not you would need to bring your home up to code, and what hazardous materials could be unearthed during construction.  

Building a new home is an experience, an experience that you get to control at your leisure from conception to completion. If your home is in disrepair or has structural issues, plumbing issues, or roof damage, it is in your best interest to wipe the slate clean and start again. Imagine living in a brand new luxury home and not having to worry about damage or maintenance. As a semi-custom homebuilder, we offer a variety of design options for clients that want to take the hassle out of upgrading their lifestyle. If you are interested in starting fresh with one of our Lithia luxury homes, contact Sabal Homes of Florida.  

To speak with a Lithia luxury homebuilder, or to start building your luxury dream home, please submit our contact request form or call us at 813-655-7475.

DISCOVER MORE

To speak with a luxury homebuilder, or to schedule a consultation, please submit our contact request form or call us at (813) 655-7475.

READY TO BUILD?