Thanks SD Realtor..I have built and remodeled several homes and businesses so not afraid to get dirty. I also am in no hurry. My question is whether or not this falling market makes more sense to buy a home which someone has already spent too much and can’t recover their investment. I want to avoid MR. I look at sdlookup.com and see that many homes on the market for 2.4M (or thereabouts) were sold a few years ago for 1.4- 1.7M. I know that construction costs (concrete!!) have risen but know that I can general a home by myself, saving quite a few $$. Do you think it is worth spending big bucks on a covenant lot and doing it myself while renting or waiting for the hammer to fall on some homeowner who got in too deep?
