"I think that this increase is due in part to the extension of the $8,000 tax credit that was mentioned in the article, however I also believe that it is a result of inventory in the resale market. I think buyers are not finding exactly what they want right now in the resale market and have decided that they can now afford to have a house built with lower prices in an area that may be more desirable for them."Feel free to contact Scott Berngartt via sberngartt@cmfloans.com for additional industry news.
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