Build or Buy Existing Home?

[JerryCarr]

I agree with Buzz, especially in view of the fact that the rapid escalation of prices on existing homes seems to have stopped and perhaps even reversed. Homes in my area of HPP are staying on the market longer and, those which are selling are often at reduced prices. This could be very local. In any case, if you custom build, you will get EXACTLY what you want (as long as you can afford it.) It seems that building package homes, however, would in most cases be less expensive than custom due to design costs and the economies of scale involved in packages. Any other thoughts on the real estate market out there??