from a year ago, but the median price was only down .4%?
Huh? You'd think that if home-builders would be crying the blues they'd be slashing prices and just trying to get the damn things sold. I know that when I was recently house-shopping, the biggest builder out here was offering things like they'd pay the first 6months payments (interest and principal), free upgrades, etc, so maybe that's why the "median price" hasn't gone down? (Veridian, the sole builder out here also has a financial lending subsidiary)
Is it also that after figuring in materials, labor and overhead that the builders *can't* reduce their prices?
Huh? You'd think that if home-builders would be crying the blues they'd be slashing prices and just trying to get the damn things sold. I know that when I was recently house-shopping, the biggest builder out here was offering things like they'd pay the first 6months payments (interest and principal), free upgrades, etc, so maybe that's why the "median price" hasn't gone down? (Veridian, the sole builder out here also has a financial lending subsidiary)
Is it also that after figuring in materials, labor and overhead that the builders *can't* reduce their prices?