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Updated over 7 years ago on .

User Stats

285
Posts
97
Votes
Hersh M.
  • Engineer
  • Carlsbad/San Diego
97
Votes |
285
Posts

New home sales surge to highest level in 10 years

Hersh M.
  • Engineer
  • Carlsbad/San Diego
Posted

https://www.cnbc.com/2017/10/25/new-homes-sales-se...

I find this fact interesting - "More than two-thirds of the new homes sold last month were either under construction or yet to be started."

Sounds like a stampede on new homes. When was the last time we saw this? 

Are you or your boots on the ground seeing this happening around? Did you or anyone you know put money on a yet to be built home? Any other observations or comments?