Why You Should Build Your Dream Home Now - Rent vs. Own

There’s no time like the present to make your homeownership dreams come true! Renting has become increasingly expensive, and it's only going to get worse. In fact, the average national rent rose by more than 11% in just the last year.

When you rent, you’re paying your landlord’s mortgage – not building equity in your own home. Buying a home (and even better, new construction) is a great investment. Many people think they can't afford to build their dream home, but that's simply not the case. 

Now is the time to build, and here are 4  reasons why:

Benefits of Owning Your Own Home

Owning a home means you have a valuable asset that will likely appreciate over time. Home prices nationally rose 19.8% in just one year, from 2020 to 2021. So if you buy a new home today, it will be worth more by next year!

But there are many benefits to owning your own home that go beyond simply building equity. Owning your own home can provide you with a sense of stability and security that renting simply can't match.

Owning allows you to have more control over your living situation. You can paint, renovate, and make any changes you want without having to ask permission. You're also not at the mercy of a landlord who can raise your rent or sell the property at any time. Plus there’s the peace of mind in knowing exactly what your monthly mortgage payment will look like for the life of your loan.

Rising Interest Rates

If you haven't heard the news, the Federal Reserve recently raised interest rates for the second time in 5 months. We've been seeing historic low rates of around 2.65%, but the average 30-year, fixed-rate mortgage is now a staggering 6.11%. This adds a hefty amount to the total price of a home.

And rates are expected to continue to rise to combat the current inflation. That means if you're thinking of buying a home, it's best to do it sooner rather than later. By locking in your interest rate, you'll save many thousands of dollars over time.

Get Exactly What You Want

The housing market is incredibly competitive right now, and many buyers are finding themselves in bidding wars or losing out on homes entirely.

With new construction, you get to pick the perfect lot, the perfect floor plan, and all of the finishes and features that you desire.

You also don't have to worry about things like hidden damage, outdated systems, or mold and mildew. When you build new, your home is covered by a comprehensive warranty, so you can rest easy knowing that everything is new and under warranty.

Lending Assistance

Taking out a loan is a big financial decision, and it's important to work with a lender that you trust. There are many different loans available for new construction, and our preferred lender, Vision Lending, can help you find the right one for your needs.

Because we've partnered with Vision Lending, they're able to offer our customers special financing programs and rates that aren't available to the general public. And the purchase process is absolutely seamless, so you can experience a stress-free build from start to finish. Explore these tips for financing your next home.

If you're thinking of building your dream home, now is the time to do it! With rising interest rates and a competitive housing market, there's no better time than now. 

The dream of owning your own home is within reach! Now is the time to build your new home in North Carolina with McKee Homes. We have a wide variety of floor plans and locations to choose from, and our team of experts will help you every step of the way. Contact us today to get started!

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Have you heard about McKee Homes’ newest Fayetteville-area community, WoodsRun?!

WoodsRun is conveniently located in Raeford, NC near Fort Bragg, Fayetteville and minutes from the Pinehurst area!

This exclusive 13 homesite community offers:
 ☐ Single-family homes from the $300’s
 ☐ 2,363 - 2,929 SF
 ☐ 3 - 4 Beds
 ☐ 2 - 3 Baths

Check out what this community has to offer YOU! Book your tour today!
Join Team McKee at our Raleigh Design Studio on Monday for a Tryon Pointe showcase event! 🎉

Stop by for a quick visit and learn about McKee Homes' newest Triangle-area community, Tryon Pointe, our designer-curated new home opportunities, and the Team McKee Experience. 

📅 Monday, Aug. 8th 
🕧 5PM - 7PM
📍 4208 Six Forks Road, Suite 104, Raleigh, NC

Tryon Pointe is located in Garner, approximately four miles south of downtown Raleigh with all it has to offer. Homeowners can enjoy:
 🏘️ 1,492 - 2,929 sq. ft. Of open-concept living 
 🛏️ 3 - 4 Beds
 🛀🏻 2 - 3 Baths

Build your next Life Changing Moment with McKee Homes!
As the summer is coming to an end, McKee Homes was excited to celebrate the 2022 class of summer interns! 

This is our third consecutive year offering the McKee Homes Intern Program to college students looking for real-world work experience within the rapidly expanding homebuilding industry.

We were excited to welcome two first-year interns, and welcome back two second-year interns, and one third-year intern!

The McKee Homes intern program develops the next generation of home building industry professionals by training and educating top performers about the multiple disciplines involved in the new home construction industry. These selected interns have a unique opportunity to develop their leadership skills and learn how McKee Homes runs as a business!

Stop by for a visit at our brand-new model home, nestled in the beautiful Elliot Farms community! 🏡

Elliot Farms offers peaceful country living with beautiful rolling hills and trees on the north side of Fayetteville just a short drive to downtown and Fort Bragg for the best of both worlds.

Homeowners can enjoy:
 🟪 1,576 - 3,274 sq. ft. of open-concept living 
 🟪 3 - 4 Beds
 🟪 2 - 3 Baths

Book your tour today!

This quick move-in Portico 2020, located in the coastal Courtyards at Mallory Retreat Community, is available! 
Homeowners can enjoy:
🔘 2,581 SF of open-concept living 
🔘 3 Beds | 3 Baths 
🔘 Gourmet kitchen 
🔘 Low-maintenance courtyard 
🔘 ... and so much more!

This community features a natural setting with wooded areas and ponds and is only 15 minutes from Wilmington with its historic downtown and access to some of the best beaches the area has to offer 🏖

Book your tour today!

*Interior pictures shown are for floor plan representation purposes only and does not reflect exact final home.
Attention Wilmington-Area Realtors 🚨

Join Team McKee this Saturday at our Wilmington Design Studio for a signature cocktail night! 🍸

Stop by and learn more about our newest coastal community, Woodlands at Echo Farms 🏡

See you there!
Are you looking to live just minutes from Pinehurst, Southern Pines and Fort Bragg? ⛳

Well look no further, Legacy Lakes has several new home opportunities available! 

Legacy Lakes is home to over 400 acres of beautiful pine trees, rolling fairways, natural lakes, and a pristine golf course. 

Book your tour today!

Come visit us at our Townes at Gateway Commons Community, located in Wake Forest!
 🗓️ Saturday, July 23rd
 🕐 10AM - 4PM
 📍 509 Gateway Commons Circle, Wake Forest, NC 27587

Join us for refreshments, model home & community tours, and learn more about these beautiful quick move-in townhomes!
Come visit us at our Townes at Gateway Commons Community, located in Wake Forest!

This beautiful community is located adjacent to the Gateway Commons shopping center less than 3 miles from downtown Wake Forest. Homeowners can enjoy:
• 3-4 bedrooms & 3.5 baths
• Up to 2,420 sq ft
• Large covered patio
• and SO much more!
Attention Wilmington Home Buyers❗

Come visit one of our newest coastal communities, Woodlands at Echo Farms! 

This upscale yet affordable community in the heart of  Wilmington, just minutes from Downtown Wilmington, Wrightsville Beach and Carolina Beach 🏖️

Book your private 1:1 tour and start building your #LifeChangingMoment today!