How to buy a new home construction in 2024

Is buying a newly constructed home the right move for you? President and CEO of the National Association of Home Builders Jim Tobin talks about the market for new home builds and what potential home buyers need to know. REALTOR® Don McGlynn, who recently purchased a home that is being built, talks about the process of buying a new construction and all the decisions involved—from flooring and fixtures, to finishes and more. Justin Fink discusses building a passive home and how it can save you 90% on your energy bills. And NAR Chief Economist Lawrence Yun explains the latest pending-home sales data and forecasts what the real estate market may look like this spring. Also, Melissa Dittmann Tracey discusses what home design trends are in and out in this week's "Hot or Not."