Category Archives: New Construction

Most Americans Still Want to Buy & Own a Home

new construction, livonia builders, ann arbor real estate, saline real estate, michigan construction

The economy and housing market has been tough over the past several years. However, 51 percent of current owners and renters still want to buy a home, according to a study by Fannie Mae. These numbers are up from previous surveys.

Housing foreclosures also recently fell to their lowest levels in 18 months, according to an article on MSNBC.com. New construction is actually increasing for the first time in a few years.

Builders broke ground last month on new homes at a seasonally adjusted annual rate of pace of 555,000 units, a 3.9 percent rise from October, the Commerce Department said Thursday.

That compared with a rate of more than 2 million units at the height of the boom in 2005 and is just 16 percent above the 477,000 unit pace of April 2009 — the lowest point on records dating back to 1959.

Later on in the article, it’s said that:

The weak housing market is one of the negative forces confronting a slowly improving economy. So is high unemployment, now at 9.8 percent.

Each new home built creates, on average, the equivalent of three jobs for a year and generates about $90,000 in taxes, according to the National Association of Home Builders.

Looking to buy a high quality newly-constructed home at a reasonable price? Check out our website at www.michbuilder.com to see what we have to offer.

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A Look Inside Torwood: Saline’s New Neighborhood

Check out these photos of Torwood, one of our new neighborhoods. Torwood is located in Saline, Michigan, a quaint town outside of Ann Arbor.

Saline, Michigan, neighborhood, Torwood, Saline real estate, new construction

Main entrance into the neighborhood

Saline, Michigan, neighborhood, Torwood, Saline real estate, new construction

A recently finished home inside the neighborhood

Saline, Michigan, neighborhood, Torwood, Saline real estate, new construction

Beautiful dining/living area complete with wood floors and a fireplace

Saline, Michigan, neighborhood, Torwood, Saline real estate, new construction

Kitchen with granite countertops

Saline, Michigan, neighborhood, Torwood, Saline real estate, new construction

Bathroom with granite countertops

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Neighborhood Profile: Torwood (Saline, Michigan)

New construction in Michigan? Yes, it’s true!  We’re currently building beautiful homes in Torwood, a neighborhood in Saline.

This neighborhood is located in a quiet country setting but is minutes away from urban areas with the amenities you need. Torwood has the potential for 150 homes, and has numerous green and park areas. Check out some pictures below of a beautiful home in the community:

Location: West of city of Saline, Michigan just off Michigan Avenue. Close proximity to I-94 and US-23.

Nearby amenities: Shopping malls, golf courses, sporting events, public facilities, restaurants, churches,  quaint shops, and much more in the large city of Ann Arbor.

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Ann Arbor-Saline Home Buyers: Should You Buy New or Buy a Foreclosure?

Ann Arbor & Saline home buyers looking for a great deal seem to automatically think that buying a foreclosure or bank-owned property is the way t0 go to get a “great deal.” Well, they may want to think again. The foreclosure property may have a great list price, but when you factor in the time and money to get it up to like new condition or to your personal standards, it turns out, in many cases, to not be that great of a deal.

If you knew that they could buy a brand new home for the same price (or less) than a foreclosed home, what would you choose? The new home of course.

Well, here’s the great news….you can buy a brand new home for the same price or less than a foreclosure! Surprised? You’re not alone. A lot of buyers never would have dreamed that new homes have become SUPER affordable.

Let’s take a look at why buying new is better than buying the foreclosed home.

No uncertainty or unpleasant surprises when you buy a new home. With a foreclosure there are always unforeseen problems that pop up, that you will have to foot the bill for. Some of these “surprises” can costs thousands of dollars to fix. Not so with a new home, where you have the latest materials, amenities, and a One Year (or longer) Home Warranty for peace of mind.

Another benefit of buying a brand new home vs. a foreclosure is that new homes are 20 to 30 percent more energy efficient — saving you even MORE MONEY year after year after year.

We at Livonia Builders invite you to check out our latest home offerings and designs to see for yourself what new can do for you. We have numerous homes ready for you to inspect in the Torwood Community of Saline, The Woodlands at Arbor Ridge in Pittsfield Township and Cherry Hill Village of Canton. Or feel free to call us at 734-586-2559.

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Filed under Cherry Hill Village of Canton, MI, Home Buying Advice, Livonia Builders News, New Construction, The Woodlands of Arbor Ridge of Ann Arbor, MI, Torwood Community of Saline, MI