cubanstockpicker

Homebuilders Agree: January Was A Good Month

Before I buy a new home I will buy a renetly built foreclosed home at 40% off prices. Why would I walk into these communities to buy a home? They started so many projects in areas that have no economic growth or sustainability. Case and point, Ft. Myers, FL, no real economy, just a bunch of people that used to be contractors that built homes or part of it, buying a home where they live and heloing stimulate the local economy.

Basically pumping in billions of dollars into a city that should have stayed a town. Once the billions were gone for homebuilding, where is the local economy now?

I remember every office and retail store had at least one title agent, one relator and one mortgage broker.

All but the fewest have shut down.