peakstate_gcs357, Author at Peak State Properties

Newly Built Home Prices Hit a 5-Year Low

If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.

You may have seen the headlines lately about mortgage debt in America hitting a record high.

It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?”

Most sellers come into the market with one number in mind. And it’s often the one that costs them the most.

You’ve probably seen the headlines saying, “foreclosures are on the rise,” and maybe your mind jumped straight to 2008.