New home sales are down 39% since 2022 in central Texas. Those that bought a home in the last two -three years a) overpaid and b) will not have any real equity EVER because they overpaid. Lennar / Pulte etc etc trying to sell 1800 sq ft homes in Leander for $425k+.Unless your desperate, I would not waste my money. Prices need to come down 35% before you buy. You know what you get with a $425K mortgage? You get a $2700 per month payment. Bad idea.
I don't think so. New homes are still in high demand. Don't wait. With rate cut prices will go up again. Why? Because us gov can't run without printing money and with that money printer all physical assets prices will go up and up
Build it and they will come.
New home sales are down 39% since 2022 in central Texas. Those that bought a home in the last two -three years a) overpaid and b) will not have any real equity EVER because they overpaid. Lennar / Pulte etc etc trying to sell 1800 sq ft homes in Leander for $425k+.Unless your desperate, I would not waste my money. Prices need to come down 35% before you buy. You know what you get with a $425K mortgage? You get a $2700 per month payment. Bad idea.
I don't think so. New homes are still in high demand. Don't wait. With rate cut prices will go up again. Why? Because us gov can't run without printing money and with that money printer all physical assets prices will go up and up