Incentives to Attract Buyers Shrink as New-Home Inventory Declines

(Source: Wall Street Journal)

Home builders are scaling back on the incentives offered to attract buyers, putting an end to such freebies as sports cars and tropical vacations.

With new-home inventory falling as home sales in many markets pick up, builders say they no longer need to offer eye-popping inducements to move homes.

Read Dawn Wotapka’s full article “Home Builders Curtail Freebies” in the Wall Street Journal (October 5, 2009).

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