Why Wayne: Interest Rates and Lumber Prices

Home prices are all over the place right now. From housing shortages to lumber price increases, there are many factors affecting the housing market, but one thing is clear: this is still a great time to build a new home. At Wayne Homes, we have had to adjust our pricing, mainly to keep up with... [read more]

How to Take Advantage of Low Interest Rates

With interest rates at near-historic lows, it’s still a good time to buy a new home. Yes, really! We know that with the COVID-19 pandemic, a lot has changed. Now, we are offering a fully virtual experience, so you don’t have to leave your home if you choose not to. We have changed our policies... [read more]

What's a Construction Loan and Why Do You Need It?

One of the things we hear from prospective clients over and over again is questions about how to finance their new home. Unlike traditional loans, when you build a new house, you need to have a construction loan to finance the build. The good news is, it doesn’t have to be complicated! We make... [read more]

The impact of rising lumber prices at Wayne Homes

With a price increase on the horizon for June 29th, we wanted to take the time to talk through one of the reasons contributing to this price increase. We’ve talked before about the long list of variables that can impact how a home is built. Everything from lot size and orientation, local... [read more]

Secrets to home affordability you need to know

For many, buying a home is one of the biggest — if not the single biggest — purchase they make in their lives. For that reason, there is a lot of stress and confusion around affording such a large purchase. The reality is, though, that buying your own home can actually be affordable, often more... [read more]

What you should know about the current state of mortgage rates

As much as we might like to focus solely on the fun part of the homebuilding business — that is, building amazing homes! — there are many other factors that we as an industry leader and you as a homebuyer need to consider. Changing mortgage rates and information from the Fed are just a few of... [read more]

Tips for preparing to sell your home

When you’re excited about exploring the possibility of building a new home, it’s easy to get focused on the details of creating it, from the countertops to the cabinets and everything in between. Another equally as important aspect as building a new home, though, is considering what to do with... [read more]

Creating a home you love -- and can afford

Deciding to start fresh in a brand new home isn’t an easy choice. Once you’ve made that choice, deciding how to go about accomplishing it is even tougher! From builders to land permits, mortgage financing down to the style of shutter you want, there’s a lot to consider. One of the most... [read more]

Sharing financial insight at the Newark Finance Seminar

Nowadays, there are lots of different ways to connect with prospective homebuyers. From phone calls to emails, social media to this very blog, the opportunities to make a connection are vast and varied. That said, there’s really no substitute for a good, old-fashioned, in-person conversation,... [read more]

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