New-home opportunities available for buyers willing to wait

If you’re interested in buying a newly constructed house in the Washington region, you’ll find plenty of options in a variety of price ranges.

Just be prepared for a long wait — there may be few move-in-ready options this spring.

“There’s definitely a lot of building going on, but builders are being a little more cautious and avoiding getting ahead of buyers,” says Ben Sage, director of the Mid-Atlantic region of Metrostudy, a Hanley Wood company in Chantilly, Va. “Builders were optimistic in 2014, but they found that the demand wasn’t what they thought it would be.”

Read more here.

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