We have a client that would love to sell their home and move up or move on. BUT, the builder wants to move on too and they don’t care one iota about devaluing the value of their former customers’ existing homes.

Imagine trying to sell your home when the builder is dumping two similar models with more upgrades for $100K less than you paid. As a seller, you can’t compete with that. AND it doesn’t end when the builder finally sells the remaing two units and moves on.

Those two units will set the appraisal comps in that neighborhood and it will probably be two years before prices recover from the dumping sale.

This is going on in two communities we know of. One in San Ramon and the other in Dublin, CA.

Some builders are taking a kinder, gentler approach to the situation that doesn’t hammer the housing prices and upset the neighbors (their former customers). These builders are keeping the prices stable, but offering to make payments for a period.

If you are in a situation like this in San Ramon or Dublin, we’d love to hear from you.