[QUOTE=margaretmattson;2323518]Those are simply numbers sold. It does not provide information on how many homes were sold at a discount rate. Have you gone on VLS? When a new home is pending, the price the home was sold is immediately removed. No further information is given. If you look at their preowned listings, time on the market is never given. VLS is very secretive.
The minute you buy a home, you now live in a preowned home. My daughter is currently looking for a home. The sales history of MANY homes has given us a truer picture of the market. This information is not lining up with "everyone makes money when they sell" stories. A real eye opener![/QUOT
This is the only place that new homes are cheaper than re-sales. From personal experience, 70% over cost after 3 years is to be expected.
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