Quote:
Originally Posted by Randall55
Probably correct. Inventory control is needed, especially in this housing market. Not releasing new homes until all spec homes are sold is a smart way to do business. He cannot allow inventory to rise while buyers cherry pick ONLY the best.
Buyers are not forced to buy ANY HOME. They can wait until new homes with desirable lots are released. Some are in a hurry to buy and choose the less desirable. Is that the fault of the buyer or Developer? I think the buyer carries the responsibility for his/her choices.
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But the developer controls the choices, at least on new homes. They know what they are doing.