Who is Michael Perna and why does new construction expertise matter?

Michael Perna is a 24+ year real estate veteran with 8,000+ transactions and 3,000+ five-star reviews. New construction purchases include builder contracts, option selections, timelines, inspections and financing structures that differ from resales—so having a dedicated specialist safeguards budget, terms and delivery.

Which Bloomfield Hills builders and communities does Michael work with?

Michael maintains relationships with Sapphire Luxury Homes, Hunter Pasteur, Toll Brothers, Cranbrook Custom Homes, Babcock Homes and others in communities such as Baron Estates, Turtle Lake and the broader Cranbrook area—plus infill opportunities across Foxcroft, Charing Cross and Meadowlands.

How do 2025 market conditions affect new construction purchases?

With median prices around $658K, ~22 days on market for quality listings and limited new-build inventory, timing and incentive negotiation matter. Michael regularly secures preferred-lender rate incentives and closing-cost/design credits that can exceed $30,000 per purchase.

What does Michael do at the design center to prevent overspending?

He prepares a must-have vs. nice-to-have plan, prioritizes structural and resale-sensitive items, and advises which finishes to source post-close. This keeps selections on budget while maximizing immediate enjoyment and long-term value.

How are construction quality and timelines monitored?

Michael coordinates milestone check-ins, pre-drywall and final inspections, documents issues with photos, and partners with the superintendent for remedies—reducing change orders and post-close punch lists.

What financing advantages are available for new builds?

Through construction-to-permanent programs and preferred-lender offerings, buyers can lock rates for extended periods and access closing-cost credits. Michael aligns lender choice with build timeline and incentive stacks.

How long does the new construction process take?

Depending on scope and permitting, 6–12 months is typical from contract to close. Quick-move-in options can close in 30–60 days; Michael identifies these opportunities and negotiates additional incentives.

What distinguishes Bloomfield Hills new construction?

Estate-sized lots, privacy, proximity to Cranbrook and top public schools, access to country clubs and a limited footprint that preserves long-term value—paired with luxury builders capable of custom and semi-custom work.

What incentives can buyers expect?

In recent closings Michael has negotiated design-studio credits, appliance packages, landscaping allowances and preferred-lender rate buydowns—commonly totaling $20,000–$30,000+, depending on builder and timing.

How do we get started?

Schedule a discovery consult. Michael will map your lifestyle needs to specific communities, compare builders, outline budgets, timelines and incentives, and begin lot scouting and pre-approval.