Quote:
Originally Posted by BPRICE1234
It appears that the used/pre-owned homes cost more than new. I understand that making a house your home takes money.
My question is home appreciation almost guaranteed in TV? We are looking in Denham/Dabney area but really want Eastport when it gets closer to being finished.
Should I take the discounted price and bank on a decent return when I sell in 3 years? I see so many listed and they don't seem to move that fast on the pre-owned.
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Polished up my crystal ball and this is what we see
Prices have come down since interest rates went up by a lot.
Fed will no reduce interest rates for now so do not think home prices will go up or down but will stay about the same.
Over next few year the ball says the price of new homes will fluctuate.
Keep in mind it has never been wrong. However it is not always right either