[quote=The-Shoveler]I am not saying that home prices are not silly right now but I will say they are not and have not been building near enough homes.
I was hearing that resale inventory (below 800K in price) is down about 28% from last year and it was even low then.[/quote]
Yeah, it seems like all the building that is happening is in the 2000+ sq ft range. I’ll admit I don’t know areas like Santee, Chula Vista and San Marcos that well, which may have building activity that is more in line with starter homes.
It sort of feels like builders just want young families to buy condos for their first home 😛
