Buyers get great deals!

Suddenly, there are scores of buyers. But resale homes are not selling. Unless they have been priced really really lower than market value.

Why? Because builders are giving such fabulous deals!

No... I am not griping against builders. I'm all for deals - buyers are the winners. If I were to buy today, I would opt for a brand new home too. Shiny new appliances, squeaky clean carpet, free upgrades. And in most cases, all or part of the closing costs.

The funny thing is that in the earlier part of the year, there were very few spec homes, so relocating buyers had to wait 2 - 3 months or settle for a resale home. But now? All builders seem to have homes that could be ready in 30 days or less!

My buyers are ecstatic! They are quick to make decisions, quick to write contracts. And that makes me ecstatic!