Buying New Homes in Port St Lucie
Pre-Construction or New Homes in Port St Lucie
With the demand for more inventory 0n the rise, builders are struggling to construct more homes to feed the market of buying pre-construction or new homes in Port St Lucie. While the resale market is seriously affected by the shortage of inventory, the construction of new homes in Port St Lucie and neighboring communities is rushing to match the demand. The lower prices along with a great lifestyle in Port St Lucie has been enticing many out of area buyers to look for homes in this area. In recent months, we have witnessed a major shift in port St Lucie home sales with such buyers who are willing to commute to their work in the surrounding Palm beach and Martin Counties in return for a more amenities and better homes in Port St Lucie. These home buyers would never be able to afford such properties in their old neighborhoods and are more than happy to take on the 45 minutes drive to their work.
With such a surge in the buyer’s pool, the question remains on whether to buy resale homes or take advantage of the perks that the new homes in the pre-construction stage offer to homebuyers. The third option for the new home buyers is to purchase move-in ready new homes from developers inventory. Although the savings in purchasing of these new homes might be less than the homes in pre- construction phase but there is no waiting period for the delivery of the completed homes.
Considering the sharp increase in the rental prices, buying homes in most cases offers less monthly mortgage payments than renting. With the abundance of new home communities for out of area home buyers, they can find a home in Port St Lucie area to please any discriminating taste without breaking the bank. Buyers of new homes in Port St Lucie and especially in Tradition can choose from high-efficiency smart homes equipped with GE Zero Energy@, EcoGreen@ in Estates to age restricted 55+ new homes in Vitalia at Tradition.
For Active Adult, 55 and over, new home buyers the obvious choice is Vitalia at Tradition. This wonderful community has been a hit since the project was picked up by AV Homes, who changed the name from Seasons at Tradition to its current name Vitalia at Tradition. Levitt and Sons started the project in 2006 under its previous name, which later was purchased by Avatar Home, which changed the company’s name after 80 years to AV Homes. The new phase of construction under the name of Vitalia at Tradition started in 2012 with plans to build 1,200 homes as an age restricted 55++ community. The sales of the homes in Vitalia at Tradition proved to surpass the expectation and in 2014 Av Homes presented the city of Port St Lucie with plans to build 1,500 more homes in the community. The homes in Vitalia are comprised of 2 and 4 bedroom homes in sizes approximately 1,600 to 2,600 square feet.