William Lyon Homes email touting "Housing Crisis is Over" article including possibility of prices going up...

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William Lyon Homes recognizes that smart buyers are listening to the latest talk about whether now really is a good time to buy a new home. In fact, according to news headlines, this may be the best time to buy a home in years!



The May 6, 2008 morning edition of The Wall Street Journal featured the story The Housing Crisis Is Over. In this story, Cyril Moulle-Bertaux, managing partner of Traxis Partners LP, states that "it is very likely that April 2008 will mark the bottom of the U.S. housing market."



He writes, "Homes on average are back to being as affordable as during the best of times in the 1990s." and adds, "Numerous households that had been priced out of the market can now afford to get in." That's great news for many Americans who have been waiting to buy a new home!



The Journal article even notes that there is the very real possibility of prices going up in the next six months as the number of available new homes goes down, and how waiting to buy could hurt you.



What does this mean to you?



If you've been thinking about buying a new home, you'll find some amazing opportunities available right now at William Lyon Homes' Southland neighborhoods. This is your chance to take advantage of great prices, lower mortgage rates, and more purchasing power than ever before.



Let us help you find a new home you love, financing that fits your needs, and achieve your dream of homeownership in today's buyers market.
 
well the number of available new homes should be going down when you halt construction and then sell off the models. I better jump on San Carlos or I'll be priced out forever!
 
[quote author="EquityMind" date=1214268408]William Lyon Homes recognizes that smart buyers are listening to the latest talk about whether now really is a good time to buy a new home. In fact, according to news headlines, this may be the best time to buy a home in years!



The May 6, 2008 morning edition of The Wall Street Journal featured the story The Housing Crisis Is Over. In this story, Cyril Moulle-Bertaux, managing partner of Traxis Partners LP, states that "it is very likely that April 2008 will mark the bottom of the U.S. housing market."



He writes, "Homes on average are back to being as affordable as during the best of times in the 1990s." and adds, "Numerous households that had been priced out of the market can now afford to get in." That's great news for many Americans who have been waiting to buy a new home!



The Journal article even notes that there is the very real possibility of prices going up in the next six months as the number of available new homes goes down, and how waiting to buy could hurt you.



What does this mean to you?



If you've been thinking about buying a new home, you'll find some amazing opportunities available right now at William Lyon Homes' Southland neighborhoods. This is your chance to take advantage of great prices, lower mortgage rates, and more purchasing power than ever before.



Let us help you find a new home you love, financing that fits your needs, and achieve your dream of homeownership in today's buyers market.</blockquote>


AsianInvasion wrote this so he can start selling homes again.
 
I think AsianInvasion and Catchmeifyoucan wrote this together at their sleep over party.



I'll take two of those San Carlos in Portola Springs.

NOT!!!!!! I am NO Stupid Panda.
 
[quote author="EquityMind" date=1214268408]"Homes on average are back to being as affordable as during the best of times in the 1990s." </blockquote>
I missed the article. Which cherry-picked data subset from what po-dunk hickville zipcode was used to support this claim?
 
Best of times for whom? Maybe they mean best of times for builders, e.g. peak pricing of the previous cycle in 1990. :-P



I think prices are now down around the peak of the previous cycle in terms of affordability measures, so I think it's technically true (if "best of times" is defined appropriately.)
 
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