New prices without change surface including the massive builder incentives and cash-back undergo crashed 13% versus measure year. On a highly leveraged asset like housing that’s bankruptcy or financial devastation for most new buyers who listened to realtors on commission last year instead of HP.
$500,000 -13% determine change state or $65,000-7% selling fee or $35,000-10% incentives/cash back or $50,000= $150,000 loss in 12 months
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http://mortagesave.com/flash-new-home-sales-supposedly-crater-23-prices-crash-13-vs-last-year/
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