Luxury Home Buyers are Pushing Back on Price

Printer-friendly version
October 12, 2016

High-end production home builders in the Dallas-Fort Worth market are seeing resistance from upscale buyers to houses priced at $400,000 and higher. The Dallas Business Journal reports that some North Texas builders as a result are targeting buyers in the $250,000 to $300,000 range, since that segment saw the greatest increase in activity during the past quarter. With sales activity for first-time and first move-up buyers becoming more robust, builders there also are focusing on building in more affordable communities and taking on less expensive projects, such as townhomes.

To Read More

Add new comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd> <img>
  • Lines and paragraphs break automatically.
  • Captions may be specified with [caption]<img src="example.png">Image caption[/caption]. Items can be aligned with [caption align=left].

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
By submitting this form, you accept the Mollom privacy policy.

Comments on: "Luxury Home Buyers are Pushing Back on Price"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init