A reader left this comment on my most recent post:
"When I purchased a pre-construction unit over a year ago, developers were not negotiating on price. It was pay this or you don't get it. From what I understand now is that a lot of other new developments are taking offers. Is this because of a hurting market or have they finally realized that the market may not support their prices? It's hard to say with everything being speculation and not many developments being completed. Also, I wonder how many buyers would choose to lose their initial deposits and walk away if a developer chooses not to negotiate prices now."