Myth number 4, a new home will lose its value faster than a preexisting property. Here's the truth. It might be true for a car which loses a lot of its value the instant it's driven off the lot, this isn't true for new construction homes. In fact, a new home easily appreciates in value because of the price increases as the builder sells more homes in that community. You may even find that you've built equity even before you've moved in. As more and more homes are sold within the area and the entire community is completed.
