I’ve read endless posts about people backing out of their contracts because of values going down. I’m puzzled at why they don’t assess the market before this and negotiate. I get harassed by a builder who did 1200 starts 30mins in bfe. They’ve already shaved off 25% of the price in January. With this trajectory continuing, there’d be no way I’d enter into a contract. Overextended builders like this will have no choice but to bail and you could end up with a half-built house as well.
submitted by /u/Altrarunner
[link] [comments]