Prices of both new and resales have gone up. I think on a resale it depends on location and the condition of the house.
There certainly is exuberance on the part of Newbees to purchase new homes before "some" say there will be no more. Of course, the price of new homes have gone up because there is a demand. The sales people are doing a good job with the "final phase."
New homes have gone up about 25% but some resales in a good location have gone up even more. Could there be a "bubble" developing?
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Most people are as happy as they make up their mind to be. Abraham Lincoln
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