For years, many people have been waiting for the right moment to finally score a deal in the housing market. Well, according to a recent yahoo!finance report, now may be a good time to get yourself a better deal!
Prices for new homes dropped in nearly one-third of the country's largest cities last quarter — a sign that the premium buyers have long paid for new construction may finally be easing in some areas.
So if you've been eyeing new construction, this might sound like great news. But as with most housing market stories, there's more to it than meets the eye.
There are opportunities out there, especially in certain markets and situations. But finding a genuine "deal" on a new build may take more effort, strategy, and local knowledge than simply scrolling the latest listing prices.

"Find a penny, pick it up, and all day long you'll have good luck."
If you've ever heard this rhyme or found yourself smiling at a lone penny on the sidewalk, you've taken part in one of the oldest modern traditions still going strong today.
But have you ever stopped to wonder where this lucky little habit came from—or why it still resonates?
The belief in lucky coins goes back thousands of years. In ancient...
Television channels like HGTV and DIY have truly changed residential real estate for the better. Thanks to these channels, buyers and sellers today are more educated about their homes' structures, décor, and remodeling costs. Everybody's expectations are higher and most buyers and sellers' creativity is too. Have you wondered about how these shows are made? What is real and what is not? Here are some fun facts.
First, for the remodeling or fix and flip shows, the remodeling budget is truly the homeowners' remodeling budget. If the homeowners have wanted more than their budget will allow, the producers usually bring the buyers back to reality long before the remodel is started. If there is some unforeseen cost, other changes are omitted or downscaled.
The inspections are real inspections, too. When you see a show host presiding over a sewer inspection (yuk!), they are really checking it out.
The programs need true action in addition to just o...