Direction of New Construction

[Alex S.]

Just curious where most think new construction is headed. I am building two houses and was wondering if I should stop or make the houses smaller. A house across the street listed Friday for $299,999 at 2250sqft. My houses are 3100sqft, but my agent thinks I should lower the square footage because I probably will not get much more if any because of where the market is headed. Lowering the square would of course cost me a lot less to build, but I didn't mind, because I could sell for more. She doesn't think so because of the market now. But houses will not be complete until Sep, so I was thinking that by then things should be back up and running.

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