Our neighborhood is quite old and that means you don't hear much about construction in the area. Where will anyone get a new home when all of the land is taken besides a few spots? It is all about what is already there and the prices are going up by the day on those properties.
I think a person had to come in and knock one of the houses down because they were old.
Anyway, I was in the area and driving around when I saw a new sign go up from home builder Austin TX. They have a little piece of land that is going to make about 9 houses in the area. They want to see if people are willing to buy one of their new homes. I think I might join in and see what they are giving.
I think the market should help me out.