Quote:
Originally Posted by Altavia
Very "normal" when they want to move homes on less desirable lots...
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Yes, I realize that they have to reduce many new home prices with the large surplus inventory they are stuck with. Most will likely wait till the bottom is more evident in pricing though. I guess that’s why new home sales dropped so hard.
It all boils to the fact that there are numerous choices because of stagnation in movement while there is a climbing in inventory. .The buyer is in the driver’s seat in this crash. Why buy anything, let alone spec homes with a price tag over 2230 a square foot?