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Originally Posted by dewilson58
Good Morning!!!
Welcome to the conversation.
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Interesting. Many hairs being split.
I know very little about the ins and outs of real estate buying and selling. But common sense tells me that if A) the shadowy presence known as “the Developer” is building new homes by the bushel, and B) it doesn’t do this”Developer” much good if those homes sit empty for any length of time, then C) of course said “Developer” is going to incentivize sales of the new homes. Pre-owned home sales merely represent transactions on properties ALREADY sold once by the “Developer”.
Seems as if the REAL money is on the new stuff.