[asianthree]

Originally Posted by Craig Vernon

I believe those that have view sites are gaining more equity than the interior lots. With list/sale prices up so high on preowned homes since 2021 it makes it much more difficult to afford two homes and it is hurting the market. Investors both for rentals and flippers who purchased as they had been from 2021 until now have lost money if they took out a mortgage and many of those homes are now flooding the market. I also believe from watching the market that the builder has slowed way down on construction of spec homes which have stayed on the market for too long and it has forced people to build providing a steady flow of new sales. The developer is historically educated, they know the market and play it like a fiddle!

Problem with build lots there are 40+ names per lot