we initially planned for the single family home and didn’t find the appropriate lot. we have signed a townhouse so that we don’t miss out interest rates. Townhouse was closed Jan of this year and planning to bid a single family home now.
Is it a good time to bid for single family home? Bidding is on lot premium and bidding is +30k to 35k on base lot premium. With all the lumber prices going down is it ok to proceed to bidding. Also, the subdivision is halfway. Takes 3-4 years to complete the entire subdivision