Sales of new single family homes surged in September, hitting new highs as the fastest sales pace in the past 10 years, according to the U.S. Census Bureau and the Department of Housing and Urban Development. In fact, sales are up 17% from last year in September, which was a big surprise to many economists, after August's low sales numbers.    Some say this sudden surge in new homes sales is related to the storms in Florida and Texas that had people from all over the world jumping in to buy much needed housing. But another expert suggested the increase was due to the low number of sales from the previous three months.   The median sales price of new homes sold in September increased to $319,700, up from $300,200 in August.    But despite the price increase, the gap between new and existing home sale prices is narrowing, making newly constructed homes more desirable.   With me today to help explain some of this is Mollie Carmichael from Meyer's Research. Prior to joining Meyers Research, Mollie was a Principal with John Burns Real Estate Consulting for almost 10 years. Additionally, Mollie served as Vice President of Strategic Marketing for Lennar and Kovach Marketing, Regional Vice President of Strategic Marketing for Pulte Homes/Del Webb for the California Region, and Vice President of Residential Product Planning for The Irvine Company.   She is dedicated to tracking homebuyer activity with nationwide surveys and market studies to help her clients maximize their financial results.    I am thrilled to welcome Mollie Carmichael to the Real Wealth Show… and to hear more about what our next waves of homebuyers are planning to do…   What do you make of this most recent new homes sales report?   Are we anywhere close to past sales peaks?   With prices up again, are we reaching a new high for new homes?   Where are builders having a tougher time selling?   What could tip the scales from lack of inventory to too much supply? What do builders and investors need to know?   www.RealWealthShow.com