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Old 06-20-2008, 06:25 PM
 
217 posts, read 480,974 times
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Have the price of new homes being built gone down recently or are they expected to?
Thanks
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Old 06-21-2008, 08:29 AM
 
Location: Huntersville
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Not really. If its a home that has been built and sitting there is more room for negotiating. However if you purchase a house and design the inside yourself you are going to pay more.
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Old 06-21-2008, 10:52 AM
 
1,164 posts, read 2,085,801 times
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Originally Posted by QC Misfit View Post
Not really.
Many builders in Huntersville have reduced prices over the last 12 months. I've got pricing sheets from several from 10 to 12 months ago and the prices are higher then. Ryan, M/I, and Shea are prime examples.
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Old 06-21-2008, 10:58 AM
 
Location: Huntersville
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Look at the models too! instead of 4 bedrooms 3 baths they are now 3 bedrooms 2.5 baths...
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Old 06-21-2008, 01:13 PM
 
Location: Up above the world so high!
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Quote:
Originally Posted by amploud View Post
Many builders in Huntersville have reduced prices over the last 12 months. I've got pricing sheets from several from 10 to 12 months ago and the prices are higher then. Ryan, M/I, and Shea are prime examples.
They were overpriced to begin with and are now being forced to come back to reality. Now would be a good time to buy a new construction home in my opinion because of this. For those who bought before the mortgage crisis at overinflated prices, those are the ones I feel sorry for in new neighborhoods.
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Old 06-21-2008, 05:32 PM
 
Location: Sunny Phoenix Arizona...wishing for a beach.
4,299 posts, read 14,278,153 times
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Quote:
Originally Posted by bpoerio View Post
Have the price of new homes being built gone down recently or are they expected to?
Thanks
MI at Centennial has reduced the base price of the house we were buying last year by 30,000. Same floor plan, sqft bedrooms etc.
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Old 06-21-2008, 06:21 PM
 
1,164 posts, read 2,085,801 times
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Originally Posted by sheena View Post
MI at Centennial has reduced the base price of the house we were buying last year by 30,000. Same floor plan, sqft bedrooms etc.
Yes, I've noticed the same thing. I don't believe the price reductions are finished either. The housing downturn is just getting started here. It'll get a bit worse before it gets better.
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