The Eagle's View
Rants and raves about real estate related topics by Mike Bradley, Broker/Owner of Eagleview Properties in Littleton, Colorado.Wednesday, December 27, 2006
Home sales are up
According to the Rocky Mountain News today, "New homes sales post better-than-expected gain...providing hope that the serious slump in housing could be ending."
Personally, I think the increase in new home sales is because of the incredible incentives the builders have been offering. I'd be willing to bet that the drop in re-sale home activity is because buyers have gone to buying a brand new home for what equates to a lower price than a used home.
Some builders are offering tens of thousands of dollars worth of incentives. And new homes offer the ammenities that gen-xer's are seeking, things like big kitchens, small yards, nearby parks, energy efficient systems, his & her closets, and more. It's no surprise that new home sales are up.
Personally, I think the increase in new home sales is because of the incredible incentives the builders have been offering. I'd be willing to bet that the drop in re-sale home activity is because buyers have gone to buying a brand new home for what equates to a lower price than a used home.
Some builders are offering tens of thousands of dollars worth of incentives. And new homes offer the ammenities that gen-xer's are seeking, things like big kitchens, small yards, nearby parks, energy efficient systems, his & her closets, and more. It's no surprise that new home sales are up.
Archives
July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 December 2006 January 2007 February 2007 March 2007 May 2007 June 2007 August 2007 September 2007 November 2007 December 2007 January 2008 February 2008
Subscribe to Posts [Atom]