Fri., June 27 from 7:00pm to 9:00pm: Music in the Park ft. Soul School!
The real estate industry is constantly changing, but one thing remains clear: first-time homebuyers are entering the market by storm. In today’s climate, new home construction is emerging as a beacon of opportunity.
In 2024, 40% of homebuilder sales were to first-time buyers, while existing home sales dropped by 9.3%, according to Elliot Eisenberg, The Bowtie Economist.
This shift shows a notable trend: new construction homes for first time buyers are gaining popularity—and for good reason.
It’s understandable that first time home buyers may have hesitations—this is a big investment, after all! Those ready to take the next step from renting to buying have historically drifted toward resale vs buying new construction, which used to cost about 17% more than a previously-owned home.
The market is constantly changing, and in 2025, the median price of a newly-built home is actually 1% less than that of an existing home. First-timers: this is your chance! Freshly built homes are a great investment, offering lower maintenance, personalization, move-in ready options, and many builders also have attractive incentives that you won’t find anywhere else.
Slower traditional home sales mean more opportunity for buyers—especially those looking for a fresh start. For first-time homebuyers, new construction homes offer modern features, energy efficiency, and fewer upfront maintenance concerns. Even better? Builders are offering attractive incentives like rate buy-downs, reduced closing costs, and lower down payments to make ownership more accessible.Top builders like KB Home, Toll Brothers, and Pulte Homes are leading the way—and you’ll find all three right here at Painted Prairie.
The long-term benefits of buying a new construction home are great for nervous starter-home seekers! New homes mean modern appliances (many under warranty), energy-efficient designs, fewer repairs, and lower utility bills. Plus, customization is easier and more affordable than renovating an older home. New homes for first-time buyers offer more than just a place to live—they offer peace of mind. If you’re exploring homeownership in the Denver or Aurora, CO area, discover Painted Prairie—where modern living, thoughtful design, and a vibrant community come together.
