We'll see
The wonderpad I just sold in CO was first tier. It did fine (sold to second viewer for full asking price) while all the second tier stuff around it was starting to drag due to oversupply.
Last stuff to drop will be view/waterfront/urban/rural. There's just not enough of it to go around. Suburban new construction will get hit first. For instance, Pulte just lowered prices of new homes across the board.
"Whenever you find you are on the side of the majority, it is time to pause and reflect" --Mark Twain
"The significant problems we face cannot be solved at the same level of thinking we were at when we created them." --Albert Einstein
"This is still a dangerous world. It's a world of madmen and uncertainty and potential mental losses." --George W. Bush
We'll see
The wonderpad I just sold in CO was first tier. It did fine (sold to second viewer for full asking price) while all the second tier stuff around it was starting to drag due to oversupply.
Last stuff to drop will be view/waterfront/urban/rural. There's just not enough of it to go around. Suburban new construction will get hit first. For instance, Pulte just lowered prices of new homes across the board.
"Whenever you find you are on the side of the majority, it is time to pause and reflect" --Mark Twain
"The significant problems we face cannot be solved at the same level of thinking we were at when we created them." --Albert Einstein
"This is still a dangerous world. It's a world of madmen and uncertainty and potential mental losses." --George W. Bush