Daniel Walker Guido

Daniel Walker Guido's Posts

Haggling Holiday Haggling Holiday

Wheeling and dealing on home prices is back as housing market softens."If the recession drags on longer than the two quarters most economists now foresee, we will see innovative incentives throughout the price categories of housing," to keep inventory moving, says NAHB chief economist David Seiders. Advertising price cuts for new homes in occupied developments could hurt builders' reputations with those who already moved in, but offering half-priced decks or upgraded appliances and landscaping in the base price could spur sales without the negative fallout, Seiders says. Read more

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