Realtor.com mobile adds new-home tools to app
SAN JOSE, Calif. – May 29, 2014 – Realtor.com® added new-home plans to its free mobile applications for iOS and Android. It says that nearly 50 percent of home shoppers consider new construction when they start a home search.
The majority of new-home plans on the market are listed between $250,000 and $325,000, with a national median listing price of $291,981, according to April 2014 realtor.com data. On average, a new home has two stories, 2,538 square feet, and typically four bedrooms, two bathrooms and a two-car garage.
"Highly sought after features, popularity among buyers, and limited new construction can make it difficult to find and close on a new home," says Steve Berkowitz, Move's chief executive officer. Move operates realtor.com, which is owned by the National Association of Realtors®.
Android and iOS users now have access to about 60,000 new-home plans from 7,500 new-home communities sourced from Builders Digital Experience, a joint venture between Move and Builder Homesite Inc. When searching for listings, homebuyers can filter results by "new homes only," or view new-home plans, identified by a new-home plan badge within the app, alongside resale listings on the user's main search page.
New-home construction is often limited by available land, which makes location a critical factor. According to realtor.com, Texas is home to the highest concentration of new-home plans currently on the market, but Florida comes in second.
"Technology, paired with accurate data, drives informed home-buying decisions. Having the right tools, such as access to new-home plans on the realtor.com® mobile applications, is crucial to finding the right home," Berkowitz said. "Buyers who take their search a step further and educate themselves about what's going on in their local market can hone in on their ideal home more quickly and negotiate with confidence."
For more information, visit the realtor.com app website.
© 2014 Florida Realtors®