There are alot of great new home neighborhoods being built in great areas that are the last of their kind (i.e. there just isnt the prime land available to do projects like this again). Most of these neighborhoods will be built out by the end of this year. These are great opportunities for people that can afford them. The publically traded builders are on their last hurrahs and are under intense earning pressure. The execs knows this and know its their last chance for a great payday before real trouble sets in next year and big bonuses are out of the question. I expect the builders to get very very agressive and to borrow tommorrows sales like the automakers did last year. If you have money and can close in 30 days or less, there should be deals to be had between 8/15 and 9/15. I expect 15 to 25% below what others paid 6 months ago and maybe more. The same or better deals will be out there between 11/15 and 12/15 but the pickings will be much slimmer.
