Excerpt from: Ski Resort Market Trends and Statistics
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| June 24, 2009 | | Unexpected home sales data today | The housing market hit an unexpected snag today as the latest new home sales data was released. Even though pending home sales and existing home sales have been showing some improvement, new home sales continue to struggle.
In May, it appears as though new home sales have dropped. This comes as some optimism regarding the housing market has been showing. However, what this new data shows is that builders can't compete with the low prices seen with regard to foreclosures and other existing homes.
This news probably holds true in terms of ski resort markets as well. New homes built in a ski resort are likely to be expensive. However, current home owners are more likely to offer deals on ski resort homes. However, it you look carefully enough, there are some builders who are offering special incentives and financing.
Before deciding to go with new built or existing, it is a good idea to consider your options, and compare the bargains available. If you are careful, now can be a great time to buy a home.
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