New Home Sales & Prices Drop Sharply

The recent news from several new home builders has continued to show the effects of the housing situation that is affecting many areas of the US. Here's a link to a NY Times article from the Business Section on September 28, 2007 with news about the struggles of several new home builders in this current real estate market: Home Sales and Prices Fall Sharply

With sales dropping to the slowest pace in seven years and prices showing the biggest monthly decline in since 1970 (that's 37 years ago!), there are certainly some buying opportunities to be found in the market. What a great time to buy when we have soft prices, generous incentives from most builders, and interest rates near historic lows!

On behalf of the entire Marty Hunt Team, we look forward to assisting you with any real estate needs throughout the Central Florida area. Buying or selling, we are here to serve. Feel free to contact me directly at (407) 869-7779 or (888) 412-8681 with any real estate questions you may have.

Marty Hunt, Realtor®, ABR, CRS, GRI, e-PRO