Here in Ohio it is a byer's market. Home aren't moving yet thousands are for sale. Many are in foreclosure. Yet they are building new neighborhoods all over! The new ones are selling at three times their worth. It is crazy and sad.
about the same here across the river in Kentucky. It's really quite sad, there are farms here that have been family farms for more than a hundred years being sold and subdivided cause they just can't hold on anymore. And then once they subdivide it and build the homes they just sit there for sale with no one buying cause no one can afford these huge extravagent houses they put on tiny little lots in the former pasture or field. It's like they never realized the market to support such numbers of expensive homes doesn't exist here.