will n8 be out of a job?

[$tinkle]

new home sales wayyyyyy down (http://money.cnn.com/2007/02/28/news/economy/newhome_sales/index.htm)

just sayin.

[narlus]

n8 will just post some story from 2003 about how good the sales are; everthing's fine!

though looking at an embedded link in that story, it does appear he's sheltered from the storm (difference between Q4 '05 and '06):
Baton Rouge LA $153.8 $173.4 12.7%

[N8]

While sales in the higher end homes (those $350k+) have slowed here, sales in my market ($180k-$300k) remain pretty solid.

I have a good reputation and seem to be doing more custom builds than spec's which is just fine with me.

[Westy]

While sales in the higher end homes (those $350k+) have slowed here, sales in my market ($180k-$300k) remain pretty solid.

I have a good reputation and seem to be doing more custom builds than spec's which is just fine with me.


Oddly the reverse is happening here. High end homes are going up.

[N8]

Oddly the reverse is happening here. High end homes are going up.

we still have them going up but not in the numbers of the last 3 years. in fact, there is a whole subdiv full of them that have been for sale since last summer...

[jimmydean]

We have a ton of empty new builds and houses parked on the market for 6+ months. But we also have some people on crack like the house down the street asking $400k with a damaged foundation when the house around the corner is $205 (and has a nicer lot and no foundation damage).

[DaveW]

The US housing market certainly seems to be having a few problems of late. (http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/24/cnusecon24.xml) :pirate2: