2011 is a good time to build a home?

one builder told me that 1. the lot is much cheaper than before, he is right, in my area, the lost at least reduce 50%. 2. builder has nothing to do, so they will ask less profits than before. Normally the profit of building a home by builder is about 20-30 % of the house price, but rihgt now the yask less. for example before 2009, they cahrge about $ 120/sf. now they just charge $ 100/sf in my area.

does he tell me truth about building a home now?

thanks

所有跟帖: 

sounds right, but better to check -7.5- 给 7.5 发送悄悄话 7.5 的博客首页 (40 bytes) () 03/11/2011 postreply 07:54:10

no, 2012 the the doom year for the earth -ghost_in_shell- 给 ghost_in_shell 发送悄悄话 ghost_in_shell 的博客首页 (0 bytes) () 03/11/2011 postreply 07:55:20

at least LZ got a new house before that happens. Better than no -planojw- 给 planojw 发送悄悄话 planojw 的博客首页 (0 bytes) () 03/11/2011 postreply 07:57:50

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