Quote:
Originally Posted by winterh
This has a lot to do with homes you see sitting on the market. Especially at the higher price points buyers can have it all and there is more to it than a nice house
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They rebuild the houses.
Building and renovation hasn't slowed a bit.
But they can't change the location. And unlike a few years ago where they bought anything and if a better location opened they would trade up; they now know that even if that location opens up... selling the current one that you bought in a rush for fear of losing out may sit on the market for a long time.