2015 is said to be the year for first-time homebuyers. With rental rates increasing and mortgage rates at their lowest in years, buying a home is becoming the smart choice. Ideal Homes in Oklahoma City, OK is making it easy for first-time homebuyers to afford a brand new home and avoid the maintenance and uncertainty that accompanies a resale home. We have a feeling 2015 is going to be the year for Ideal Homes, as well.
Oklahoma City is a popular area, which would lead one to believe that finding a home under $200K, much less a new one, is downright impossible. Ideal Homes’ plans start at around $115K, making them significantly more affordable than the average apartment. Their website provides a handy mortgage calculator that allows you to see just how easy it could be to afford a new home.
One of their homes that has recently been snatched up went for less than $130K, making the monthly payments somewhere around $500 per month, the typical cost of renting half of a two-bedroom apartment. The two-bedroom, two-bathroom home is 954 square feet, making it comparable in size to an apartment.
This is where Ideal Homes really caters to millennials and first-time homebuyers—by offering spaces comparable in size to an apartment at a monthly cost at or lower than what homebuyers are currently paying for their apartment, the transition into homeownership becomes much easier. Why rent a 954 square-foot space when you could own one for a lower monthly cost?
Additionally, Ideal Homes offers new homes and floor plans in the $200s all the way into the $400s, meaning first-time buyers can get into a starter home with Ideal, save money while building equity, and then move up to their next home with a builder they already know and love.
2015 is sure to be an exciting year for first-time homebuyers, especially in Oklahoma City. If you’re looking for new homes in the OKC area, visit Ideal Homes at www.ideal-homes.com.