I constantly get buyers looking for newer homes. The market crashed here in 2007. This is the Great Recession. There has been very little building here since the crash. Why you ask? Resales are priced below what it costs to build new. So far below that builders can’t compete. Land has gone down in price but no new large scale planned communities have been started since 07. Building materials aren’t much cheaper. Most sub contractors have gone bankrupt or cut back to much smaller companies. A couple of retirement communities that were started before 07 are building but not much else. New home building won’t get going again until prices go up. It’s just a matter of economics.
https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg 0 0 Valerie Ostrom https://www.ocalarealestatetalk.com/2016/wp-content/uploads/2015/12/header.jpg Valerie Ostrom2012-06-20 11:05:302016-01-01 12:19:48Newer Ocala area homes