Stephen Paul said he is "confident" he will sell the brand new home that he just built in Bethesda, Marylandâ??a high-end suburb of Washington, DC.
The CEO of Maryland-based Mid-Atlantic Builders, Paul hasn't been building homes that didn't already have buyers in eight years. So-called "spec" homes (short for speculative) were all the rage for builders during the housing boom, but certainly not during the bust, when demand disappeared.
