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Everyday I receive emails from builders offering HUGE incentives, low fixed interest rates (the builders frequently will buy money at a lower rate in order to offer an affordable int erest rate to their buyers). Builders have and are selling off their inventory homes with DEEP discounts.
For instance, I received an email today announcing:
4.99% RATE IS BACK
AVAILABLE ON 30-DAY CLOSE SPECS
WITH 5% DOWN
That is just ONE example. I literally get dozens a week. So, if you're waiting for prices to go down, maybe they won't. By the time everything is sold out, prices will go up again as before according to supply and demand.
 I just listed a beautiful little home in Apache Junction for $165,000! It's not a short sale, nor is it a lender owned AND the sellers still live in and maintain this property. It'll be grabbed up shortly I'm sure since it is lower by $15K than anything else in that community including short sales and lender owned properties.
Today, 56,506 active listings.
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