Why 2020 is the Perfect Year to Buy a New Home

Author: Brooke Hayes


The New Year is a time to look to the future and decide which changes to make in the coming year. And the rest of the year is for trying to make those changes happen.

One of those changes you’re working on is finding a new home in Utah. Whether you’re moving to be closer to family or for work or because you’ve decided Utah is the right place for you, finding a new home is a big change to make.

Luckily, it doesn’t have to be difficult. Holmes Homes has been building new homes and communities for 120 years – that’s what we call experience. With communities all over Utah, you’ll find a home that’s the right fit for you and your family wherever you need to settle down.

Plus, we’re excited to announce that we’re opening five more new communities in 2020, making it easier than ever to find and build the home you need.

Holmes Homes New Communities in 2020

In addition to our existing communities, many of which still have lots available, we have five new communities coming in 2020. These communities are spread through Northern and Southern Utah, putting you in easy distance to most major cities in Utah and some in neighboring states as well.

You can start reserving your lot in one of these new communities today! More will be available throughout the year too, so keep checking back for availability.

Draper Towns

Located in Draper, Utah, Draper Towns is only a short drive from Salt Lake City – without putting you right in the city itself. Draper is a fast-growing area, and you’ll be in easy distance to many companies, shopping centers, and outdoor activities.

Draper Towns is a great location for a small family or business professional looking for short commutes and a community full of activities. From golfing to aquariums, you’ll never have to look far for something to do at any time of the year.

We expect lots to go fast in this area, so contact us today for more information about this brand new community in Draper, Utah.

Oquirrh West

In the suburbs of Salt Lake City, near the Oquirrh Mountains, is Oquirrh West. Built in West Jordan, Utah, it’s one of the most populated cities in the state. With its proximity to the mountains and two lakes, this fast-paced area also offers peaceful nature settings nearby.

You’ll also be just a quick drive (20 minutes or less) away from several golf courses, the regional and international airports, and central Salt Lake City.

Oquirrh West is a small neighborhood set up around a community park. This gives you the perfect set up for children and pets to live and exercise in the area. The lots also vary in size to fit the needs of various families and people.

This is a limited opportunity to buy one of these lots, so take advantage of this chance and contact Oquirrh West’s agent, Alan Smith, for information today.

Jordan Bluffs

Just East of West Jordan is a town called Midvale, home to Jordan Bluffs. As part of the suburbs of Salt Lake City, it’s only a 20-minute drive into central Salt Lake. Positioned close to various local and chain restaurants and stores, as well as to outdoor recreation, this is an area ideal for small and growing families.

Contact us today for information about the Jordan Bluffs community.

Whitworth Estates

Whitworth Estates in Washington, Utah, is a small community for growing families. Homes will range from 3,200 to 5,000 square feet and will have fully landscaped yards surrounding them.

Located near St. George, Utah, your new home will be surrounded by plateaus of red rock cliffs and only minutes away from the local schools. The St. George area is one of the fastest-growing places in the United States, and because of this, it has plenty of shopping, dining, and entertainment, with more coming all the time.

The area is also well-known for its state and national parks. It’s central to Zions National Park, Bryce Canyon, Grand Canyon National Park, Snow Canyon State Park, and many more outdoor destinations. Washington, Utah, is also only a 2-hour drive from Las Vegas, so it’s easy to spend a weekend away when you need it.

Construction is already beginning on Whitworth Estates, so claim your place here today! You can contact us online, or visit our construction site in Washington Fields.

Deer Springs

Park City is the resort town of Utah. Which is why we’ve already set up two communities there, with a third coming this year in 2020. Deer Springs (not to be confused with our other community, Deer Water’s Resort), will be near some of the best skiing in the world, not to mention surrounded by high-end shopping and dining.

If you’re looking for a place filled with recreation, outdoor lifestyles, and more, Deer Springs is a perfect community for you. You’ll be surrounded by other people who want that same lifestyle, so it will be easy to join in the community.

Contact us today for upcoming information on Deer Springs.

With all these great community options coming in 2020, it’s important to start home shopping now so you can have your first pick of the lots. But if you aren’t sure that you really need to act now, remember that there are 3 reasons for you to buy a home now rather than later:

The 3 Reasons You Need a New Home in 2020

1. Low Interest Rates – For Now

In 2019, the Federal Reserve did something it hasn’t done for a while – it cut its interest rates three times. The cuts weren’t drastic, but it did have a good impact on the interest rates you receive from your bank.

Banks are now more willing to give lower interest rates than they have in years. This is a good thing for you as a consumer because it means that when you take out a loan, you’ll have less interest to pay back to the bank.

So if you’re looking to buy a new home soon, don’t wait. You likely won’t see lower interest rates than this for a long time, so take advantage of this low period and apply for a mortgage now. It could save you a lot of money in the long run.

2. Expanded New Home Inventories

In Utah, the housing market is booming. Which means that the inventory of new homes in the state is up. Many companies have built new homes expecting that they will be purchased in the coming year.

But at the moment, a lot of those new homes are sitting and waiting for people to buy them. Additionally, there are a lot of developed lots for sale that are waiting around in the same situation.

This, again, is great for you as a consumer. It means that you can easily find a new home that fits your family and your needs. And it means that you can find new homes all over the state. So it won’t take much for you to find the home you’re looking for.

3. Easy Customization with Holmes Homes

Finally, building a home with Holmes Homes this year means that you’ll have access to our customization services. Once you’ve chosen your floor-plan for your new home, you can get to work with our team making the floor-plan fit your individual preferences and needs.

The customizations range from color changes to style changes and so on. The available customizations vary depending on the floor-plan, but regardless of the options, you’ll be able to put your personal stamp on your new home before you ever move in.

2020 is a great time to find your new home in Utah. With the great position of the housing market and the new communities coming this year, now is the time to take the first steps toward your new home with Holmes Homes.

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