[JMintzer]

Originally Posted by margaretmattson

From my experience, the developer lowers the price on undesirable homes. Backs up to a major street, power lines, noise, kissing lanais, small interior lot, etc. OP, follow your gut. If you feel a home will not retain its value or a price drop is in the near future, you are probably correct.

If you are looking at preowned, research thoroughly before you buy. I would suggest you start with math.

714 homes available on MLS. Each week more are added. Homes sold each week average 30 to 40.

OVER 90% OF THE INVENTORY IS SITTING. If you are patient, it will not be difficult to find a good bargain.

That is because sellers think their homes are still worth what they were during the "Covid Boom"...