Recent Study Shows Increase in New Constucted Homes | Real Estate Lawyer in Staten Island New York

Ever since the recession started there was a major decline in newly constructed homes being built and sold.  But a recent study shows that new construction home sales rose in June and as a result construction spending rose due to builders constructing more new homes to be sold in the months to come.

Th Commerce Department said that construction spending rose by a seasonally adjusted annual rate of 0.3% in June which went against analysts original estimates which predicted a 0.5% drop in spending.

The rise in existing home and new construction sales is a ripple effect of the many resources and opporitunities that home buyers have access to such as low interest rates, affordable sales prices and the federal tax credit for first time homeowners.

Steven T. Decker is an experienced real estate lawyer, author and speaker. With over 20 years of experience, Steven represents individuals and investors in the purchase of residential and commercial real property. Steven is the author of "The Five Myths that can Ruin the Purchase of Your Home" and he is the publisher of the "New York Real Estate Law Blog". If you are buying or selling a home or commercial property in Staten Island, New York City or New Jersey contact Steven T. Decker, Esq. to discuss the services that he offers and how his legal representation will assist you.

IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Steven T. Decker, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Steven T. Decker, Esq.
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