A Missouri City “spec” home is a residence that has been designed and built by a Missouri City builder who has no pre-existing sales order. Spec homes are bold ventures: they have to be built with confidence that the design and execution will be attractive enough to generate a sale. To return a profit that’s worth the risk, the sale has to be realized quickly enough to offset the considerable costs advanced. Dictionaries can be a little confusing about what “spec” is shortened from. Most … [Read more...]