Quote:
Originally Posted by Randall55
Not likely anyone has the time or patience to type ALL the homes that were sold for a loss in the past few months. A few examples proves the posters who stated "no one loses money on their house" are wrong. If you want more examples, simply look on MLS. The facts are there for all to see.
NEW HOMES have sold for a loss. or with big reductions. Some newer villages seem to suffer that fate more than others. This market is a crap shoot. As we have seen in Denham and Dabney, even for the developer. A person would be a fool to buy recklessly in this market. Or, maybe they have tons of money and simply do not care.
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If you're going to make a claim, shouldn't you be sure your two posted examples NOT support the argument to which you're responding?
And how do you know that NEW homes sold for a loss? Do you know what it costs the developer to build the houses?