pricedoutJay
New member
I visited several model homes this weekend and noticed that model homes were not crowded at all. In two places, I was the only one while I was browsing.
I also noticed that even though some popular plans were sold out in general, the price either stop going up or came back down to initial release (in case of a Portola Spring model home). So do you also see this trend or is it just me? I'm not predicting a bubble bursting or price crashing 20, 30%, but I definitely see slowing down of sales and price leveling off/decreasing.
While talking to sales folks and really looking at new homes and actual cost (especially mello roos and high HOAs), I am surely leaning to a resale homes (yes they have their own hidden costs). I always thought that many new homes are luring most of the buyers and resale homes will have tough time getting what they are asking for, but I guess that's not really the case any more. Any thought?
One more thing. Why do sales folks tend to straight out lie or make up stories? I caught a person (I found out afterward, not telling him/her in person) telling me the price of their homes were going up $5k to $10k every phase for 5 or 6 times. When I checked, the currently available homes were either same or lower than initial prices. One of the reasons why I don't trust sales people and don't really want to deal with as much as possible in general.
I also noticed that even though some popular plans were sold out in general, the price either stop going up or came back down to initial release (in case of a Portola Spring model home). So do you also see this trend or is it just me? I'm not predicting a bubble bursting or price crashing 20, 30%, but I definitely see slowing down of sales and price leveling off/decreasing.
While talking to sales folks and really looking at new homes and actual cost (especially mello roos and high HOAs), I am surely leaning to a resale homes (yes they have their own hidden costs). I always thought that many new homes are luring most of the buyers and resale homes will have tough time getting what they are asking for, but I guess that's not really the case any more. Any thought?
One more thing. Why do sales folks tend to straight out lie or make up stories? I caught a person (I found out afterward, not telling him/her in person) telling me the price of their homes were going up $5k to $10k every phase for 5 or 6 times. When I checked, the currently available homes were either same or lower than initial prices. One of the reasons why I don't trust sales people and don't really want to deal with as much as possible in general.