Quote:
Originally Posted by Robbb
I just read online the stock market decline this year has taken 17 trillion out of the economy, in addition todays 30 year mortgage rate is 7.5%+ yet dozens of new homes are being sold every day in the Villages. I am financially very secure but no way am I going to drop 500K on a house in this market. I just don't get it.
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I agree. I wouldn't buy a new house now, but I might make a low offer on a pre-owned house. If you want a new house, you may need to wait until the builder resets the prices for new houses.