In 2022, the new home industry is poised for a boom, not a bubble. In the mid-2000’s, the country went through a housing bubble in which money flooded the housing industry and overbuilt speculative housing considerably with the hopes that buyers would be there.
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As most know – it was a bust when the money ran dry and unqualified buyers defaulted on homes. The current situation is different because qualified buyers are buying homes and they are