Saturday, June 21, 2008

At the Beginning of the Bubble....


At the beginning of the Bubble, buyers used to offer sellers "gifts" with their bids. Now it's the other way around. Want a new little something with your new little house?

Check out this offering.

2 comments:

Dave Phillips said...

The Progress will have a feature story on this topic tomorrow. Brian McNeal is writing it and it will include comments from sellers and REALTORS about they type of things being offered by sellers. The pendulum swung from one extreme to the next in a very short time.

brooklyn bob said...

Why don't these sellers just lower their prices?

Oh yeah--because the cost of a Prius is about 2.5% of that bubble asking price...and dropping the cost of the house by 15%, in line w/nat'l trends, is painful.