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What are Spec Homes?Any house or condominium that has already begun construction but doesn't have a buyer for it is a speculative or spec home (also referred to as an inventory home). They can range from holes in the ground to completely finished units ready for immediate move in.Why are specs a good deal?Builders, like all retailers, need to ...
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It sounds tired, trite, hackneyed, even a little specious, especially when it's become little more than a marketing slogan used to describe just about any housing market, no matter how bleak or bright.
However, right now, the popular refrain, "It's a good time to buy," resonates with a more resolute ring of truth.
Home sales ...
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