After polling communities in North Carolina, Virginia, Florida, Texas, and California, Ticonderoga Securities analyst Stephen East says the spring selling season is showing signs of stability. In particular, East said that the lowest-priced floor plans, most attractive to first-time buyers, are no longer the most popular options in many areas. And because of uncertainty caused by the expiration of several government programs this spring, signs of activity at higher price points and among move-up buyers would seem to indicate the market is beginning to normalize. More here.
Theresa Springer’s Blog
Signs Of A Stable Spring Selling Season
March 15, 2010
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