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Current New Homes Topic:
New home builders are offering amazing incentives on standing
inventory of new homes.
Las Vegas, NV,
New home builders can't stand to have standing inventory of new homes
and they would almost rather give them away as to have sit empty. Most
of the time builders have homes sold months before they are every
completed. Occasionally however, due to overbuilding or buyers that
could not fulfill their contract, builders end up with completed homes
that have not been sold. Generally builder, just like average home
buyers, have to finance the homes they build. Once the home is completed
that "construction" financing is usually converted to regular financing
and regular monthly mortgage payments. For every month that a builder
has a home standing empty they lose money. This creates a great buying
opportunity for someone shopping for new homes. (View Dave's Blog for more
topics.)
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