With the way the market is heading, I can understand why they changed their cost structure. I still think is a fair model considering what they have to offer. I like their website very much. I hope they will make it through the recession.
I have been tracking homes on Redfin to see where the market is going and when to jump in.
Recently ,I have seen a few homes raise their prices. But this home top all of it. I don't understand...$6000 price increase? what the h3ll...
Astute Observer,
You really think that we are at the bottom? The basic law of supply and demand is the primary driver in the home market. At this point, we have more troubled home owners than buyers. Thus supply will be there for at least another year. Also, the last wave of loan resets...
? One in every 416 U.S. households received a foreclosure filing during 2nd Quarter of 2008.
? The median sales price fell 9.5 percent to $203,100, the largest price decline in records dating to 1999.
? The DOW in 10/18/07 was at $13,888. As of today the DOW is at $8,852...
Finally, I can afford a home in Orange County......... soon!
The fantasy is over. The fun is gone. Your dream home is about to be foreclosed. Wake up AMERICA! Deal with your reality.
Bailout type...........................................................................Cost to...