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Old 01-04-2011, 07:47 AM
 
2,348 posts, read 4,825,422 times
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Quote:
Originally Posted by TurtleCreek80 View Post
Your realtor wants to make a sale and get paid.

In today's market, it would be foolish to buy a home in a community that is only 10% built as it could take 6,7,10+ years before the whole thing is built & sold. Even then, you will still be on the north side of McKinney (closest to the next "boomtowns" of Anna, Melissa, etc) and will still be competing with new construction that is "just a bit further out" (that's how the buyers will rationalize the extra 15 minutes of commute time from your "old" 2011 home to their "new" 2019 home).

In all seriousness, find a community where homes sell within 90% of list price within 60-75 days. If the market is slower/lower than that, you don't want to be there.....

Great points here...
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