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Tag: spec home

Builders Clearing Out Inventory

25 August, 2008 (11:13) | Info for Buyers, Info for Sellers, New Construction, Personal Experiences | By: Aaron Dickinson - Edina Realty

I received an email this weekend from a builder advertising models that were marked down 20% + ($100k+) from their original prices (but marked down incrementally).
I also saw another builder marking their inventory down in the MLS a similar amount too.
This suggests to me that builders understand that we’re nearing the end of the strong [...]


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