Quote:
Originally Posted by Craig Vernon
Only view lots...because flippers are still competing for them.
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Wouldn’t think a flipper would wait for a new build, tying up money for 4-6 months to close, then wait for 12 more months to flip, especially with today’s interest rate. Out of the 20 plus build lots we tried for all still have the original owners going on 3 years. Specs with a view started selling @ 6 months with 6 months extended close.
Every new village gets the usual spec buy/rental, since we first came in 07. Our neighborhood in 2010, had far more % of rentals/flippers then any of the next 4 villages.