Homebuilders confidence in the real estate market is at an all-time low, according to key economic indicators, and new home starts are also rending downward....
RIGHT NOW, there is an intersection of low prices and low interest rates...
Since new home starts are down, finding a great deal on a new home is the right choice.Check out-
http://www.usatoday.com/money/economy/housing/2009-01-21-home-builder-sentiment-index_N.htm
New home foreclosures are also at an all-time high....Builders feel the pinch and need to sell inventory in order to free up their credit lines, driving prices of "spec" homes down.
Have a professional negotiate for your new home, call DowellTaggart.