Cost of building new vs. buying
Another issue we have with our realtor is she insists buyers can build new homes for less than buying existing ones. My understanding is the opposite. With real estate prices at rock bottom, you will get a better deal buying a home vs. building. Our home cost us $150/s.f to build. We know we are not going to recoup those costs. So someone buying our home is going to get a deal by paying less than $100/s.ft. How is it in your area?