Saturday, May 5, 2007
Housing Incentives Fleeting
No more flat screen TVs, Home Depot gift cards, tens of thousands of dollars in upgrades for your new K&B home. Sorry, the market is strengthening and builders are adjusting their prices. The glut of new homes coming on line is also short. Soon, there will be far fewer available new home developments for buyers to choose from. Builders who pulled out of options on land for development will start to look at those again. Though they will look at them like stock investors who survived the dot com bust do now.