Comments on: Incentives Keep Housing Prices Falsely Stable

By: Tim

Tim — Tue, 14 Nov 2006 18:03:56 +0000

I was just reading a New Yorker editorial on this same topic: link "What makes the problem worse is that sellers have recently been offering buyers huge incentives, ranging from granite counters to free cars and, in some cases, large rebates. These are, in fact, price cuts, but they never make it into the data."

By: Matt

Matt — Tue, 14 Nov 2006 07:47:05 +0000

Always get every deal you can, of course. But this sort of thing applies mostly to the rip-off cheapo McMansions being sold by developers…much less to buying real houses from individuals.

By: LAMoneyGuy

LAMoneyGuy — Mon, 13 Nov 2006 22:16:36 +0000

Not to mention sellers throwing plasma TVs, paying for closing costs, new cars at buyers. Especially generous are the builders. Seems they don’t want to upset the folks who bought four months ago by selling identical units for $20,000 less.