“All that to say, building a house is not cheaper than buying.” One of the biggest drawbacks of building a home is how long it takes. “It takes an average of seven months to construct a new ...

The purchase price of a completed new-construction home tends to be higher than that of an existing ... it’s more expensive to build a house from scratch or buy an existing one can be complicated.

When you look at the numbers, buying a house is usually less expensive than building one. National Association of REALTORS® statistics suggest that the median home price in the U.S. In June of this ...

Though rate cuts have made the cost of borrowing cheaper overall, one of the biggest expenses Americans face has only grown: It’s become harder to buy a home. Back To Top ...