Housing News
Is the new home sector improving or declining?
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Sheila Rasak
October 20, 2010 at 12:11 am
All that being said, there’s good cause for being slightly optimistic in that affordable newer housing is less costly in terms of repair and maintenance for the new owner. If I were a first time buyer in this market, I’d be looking at something easier to maintain with a clean start.
Aaron Catt
October 20, 2010 at 11:02 am
Thanks for the post on what seems to be, ‘not more bad news’!
I think that while it’s good to see signs of stabilization from a National standpoint, it’s imperative that agents and consumers both have a firm understanding of the locality of real estate–both new and used.
Every market offers clear and unique opportunities for housing.
Al Lorenz
October 20, 2010 at 11:54 am
Most of the “new” homes in our market were completed in 2008 and sometimes before. There haven’t really been any projects designed and implemented since the housing bubble burst. Something done from current land prices designed to hit the price points in this market might do well, but there is no sales data to confirm it!