A majority of the homes on the market today are re-sales, or homes that are previously lived in. However, one out of every four home buyers purchases a brand new home. This brings up an interesting question. Which is better, an existing re-sale home, or a new home?

The answer to that question depends on the needs of the individual person. Each type of home has its own unique benefits and problems.

Re-sale homes are usually less expensive than new homes. Also, re-sale homes are often located in well-established neighborhoods. Re-sale homes tend to have a character and charm about them. On the other hand though, re-sale homes aren’t always very energy efficient. Also, re-sale homes tend to need repairs.

New homes are excellent if you want a clean slate. They offer an endless variety of choices and options. They tend to be energy efficient and make excellent use of space. However, some people feel that new homes are a bit too uniform. Often, one new home looks and feels much the same as the next. Also, new homes are often in new neighborhoods. The neighborhood may not have much of its own formed character, yet.

Luckily, there is a new Report that has been released recently, which can help you to decide which type of home is best for you. It identifies ten secrets that every new home buyer should know. The Report also discusses some buyer advantages that many builders don’t like to divulge.