New Home Incentives Offset Higher Borrowing Costs for Sacramento Buyers

Buyers in the Sacramento region can access interest rate buydowns and closing cost assistance provided by builders to navigate higher interest rates and rising home prices. These incentives improve affordability for the initial purchase. New homes are built to current building codes and safety standards and typically include warranties. This contrasts with older homes, where 47% of owner-occupied homes nationwide were built before 1980. Older properties often require expenditures for outdated systems and deferred maintenance, which increases the long-term investment cost. New homes avoid the need for costly renovations and retrofitting for modern technology. They also feature improved insulation, high-performance windows, and ENERGY STAR appliances that reduce monthly utility costs. There are nearly 200 new home communities available in the Sacramento region.