If you’re stepping into the world of real estate, you might come across the term “spec home.” Don’t let the jargon confuse you! Spec homes may sound fancy, but they’re relatively straightforward. Think of them as houses that builders create on a hunch, hoping someone will love them. Let’s cover everything about spec homes in this article, including its definition and significance. So let’s get started and clarify spec houses! What is a Spec Home? A spec home, short for “speculative home,” is a type of house that a builder constructs without having a specific buyer lined up. In other…