The article from July 26 about home builder financial losses is GREAT NEWS for home buyers. Are you a first time buyer? A Trade-Up buyer? After the beating buyers took in 2004- 2006, this is the time you have been waiting for. This is YOUR TIME BUYERS. Check out this article for real data...not just a feeling.
If you are thinking of selling and Trading Up, you could be in a good position to profit. How you ask? You may be giving up a little on price and/or terms, BUUUUT... you will be asking for concessions from the Trade Up seller to get a better deal for yourself. You can get more house than you could have in the frenzied times of 2004-2006. You will profit if the deals are properly structured. Always do the numbers before deciding.
Check out the article below. Your comments are appreciated.
Beazer Homes USA Inc. said Thursday it swung to a loss in the fiscal third-quarter after the homebuilder cut prices to spur sales and took major charges to write down the value of unsold inventory.
Losses pile on for Home Builders- AZ Republic- July 26,2007
Thinking of Trading up to a New Home? Click here for answers.
Monday, July 30, 2007
Losses Pile Up for Home Builders-More Good News For Buyers
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