A common home price drop scenario

Dick Greenwood, Vice President of Builder Marketing for Coldwell Banker Residential Brokerage, is a 37-year veteran of the home-building industry who works with builders from Michigan to Wisconsin.

I sat down with the straight-talking Greenwood earlier in the week for a wide-ranging discussion. In this segment we talk about a home buyer who purchased in a subdivision where the builder has filed bankruptcy.

This is the third part of our candid conversation. Stay tuned for more.

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