Are home prices REALLY flat in Warwick, NY? Why?
Inventory & DOM are high, but I've been assured interest rates are ushering plenty of buyers in the door. When are we seeing the effects of the credit crunch/recession/slow economy in Warwick real estate? Are these effects delayed or is this area somehow protected? If prices are flat, inventory & DOM is high and there is extremely low sales, this would indicate to me that a steep drop is imminent. Thoughts?
Also, anyone heard of builders offering lease to own?
Thanks for your thoughts!
Just moved to Warwick 4 months ago. Yes home prices are flat because there is a lot of inventory right now and just not that many buyers. There is a lot of new construction going up so buyers have their choice right now. We are actually selling our home that we just built 4 months ago. We would consider leasing our home with an option to buy. Call me if you are interested: (845)-405-2139
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