Guys… as the developers squeeze the phase releases down to less homes per release, AND they continue to “sell” homes months in advance, such that people need to float the rates for several months it should be obvious that a percentage of homes will always fall out for a variety of reasons. Maybe people realize as the time rolls near that the mortgage payment will be to much. Maybe they will have changes of employment or other personal issues. Maybe the 10 year will run up higher and push them out. This will continue to happen. (buyers not closing)
Don’t get me wrong, I am not promising pricing reductions in any way, BUT, the best deals when buying from a developer are those “1 day” sales they have when someone fell out of escrow a few weeks from completion of the home.
