Comments on: Builders Lower Prices To Compete With REOs http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/ Learn, Network, Invest Mon, 23 Nov 2009 00:43:41 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Richard Warren http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/comment-page-1/#comment-65434 Richard Warren Tue, 05 May 2009 17:17:59 +0000 http://www.biggerpockets.com/renewsblog/?p=5137#comment-65434 You absolutely can get homes at those prices. American West has new home tracts selling at $84 and $89 per square foot. There is a link to an article in the Las Vegas Review Journal, just look in the above post where it says (article) and click on it. You absolutely can get homes at those prices. American West has new home tracts selling at $84 and $89 per square foot. There is a link to an article in the Las Vegas Review Journal, just look in the above post where it says (article) and click on it.

]]> By: Another Investor http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/comment-page-1/#comment-65432 Another Investor Tue, 05 May 2009 16:33:38 +0000 http://www.biggerpockets.com/renewsblog/?p=5137#comment-65432 Hi Richard: Looking at DR Horton and a couple of the others, I see base prices are down, but not in the less than $100 per square foot range. I have found in California and Arizona, the published prices differ from what you find if you walk in the door. I should have put "deals" in quotation marks... I'm just curious if you can really pick up a 2,000 square foot new home in a decent area for less than $200,000. If you can, the builders should see a lot of buyers in their sales offices. Hi Richard:

Looking at DR Horton and a couple of the others, I see base prices are down, but not in the less than $100 per square foot range. I have found in California and Arizona, the published prices differ from what you find if you walk in the door.

I should have put “deals” in quotation marks… I’m just curious if you can really pick up a 2,000 square foot new home in a decent area for less than $200,000. If you can, the builders should see a lot of buyers in their sales offices.

]]> By: Richard Warren http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/comment-page-1/#comment-65430 Richard Warren Tue, 05 May 2009 16:25:03 +0000 http://www.biggerpockets.com/renewsblog/?p=5137#comment-65430 These are not "deals", the builders have just lowered their prices compared to what they had been. These are not “deals”, the builders have just lowered their prices compared to what they had been.

]]> By: Another Investor http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/comment-page-1/#comment-65429 Another Investor Tue, 05 May 2009 16:15:54 +0000 http://www.biggerpockets.com/renewsblog/?p=5137#comment-65429 I don't see any of these deals on the websites of the national builders. Can you point me in the right direction? I don’t see any of these deals on the websites of the national builders. Can you point me in the right direction?

]]> By: KSC http://www.biggerpockets.com/renewsblog/2009/05/04/builders-prices-compete-reos/comment-page-1/#comment-65409 KSC Mon, 04 May 2009 15:47:51 +0000 http://www.biggerpockets.com/renewsblog/?p=5137#comment-65409 wow, i didn't know it would be cheaper to buy a new home than a used one, that is kind of silly and would be a lot less hassle which is worth a lot to me. thanks for the post, i'm in the market and i'm trying to find out all i can. thanks. wow, i didn’t know it would be cheaper to buy a new home than a used one, that is kind of silly and would be a lot less hassle which is worth a lot to me. thanks for the post, i’m in the market and i’m trying to find out all i can. thanks.

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