This article may have you puzzled about new home communities. Have you tried to look for a new home to purchase lately? You might be surprised to find there is very little standing inventory for new homes.
As I visit new home subdivisions on a weekly basis, there is a trend that is apparent. Inventory for new homes is also dwindling. Not because of new homes not being built, it’s because these homes are being purchased before they are built. Even the high end properties, from $400k and up, there is a “Interest List” being offered prospective buyer in a number of communities.
I have a list of standing inventory to purchase.