That is my concern – that the lower priced detached homes may not move much lower. Although I anticipate more homes will drop into that range, with interest rates on the move up, I run the risk of buying at a similar price but at a higher payment. Any other thoughts on homes in the lower price echelon? Maybe other family neighborhoods where I may have more protection against further price declines? A consensus on less price movement in homes priced in the low 400’s?
