New construction trends

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Real Estate Agent with Coldwell Banker Gundaker-St. Louis, MO

I just finished reading Eric Love's blog talking about new trends in new construction sales in the Dallas area.  http://activerain.com/blogsview/264614/Buy-3-houses-Get">http://activerain.com/blogsview/264614/Buy-3-houses-Get</a>.  The gist of the story is that a large home builder in the area is offering investors a home for free if they purchase 3 homes at full appraised value.  This results in 25% equity immediately for anyone who can foot the bill for the $400-$500,000 homes.  We haven't seen this trend in the St. Louis area but who knows?

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Linda

Linda Graves Arnold, ABR, CRS, GRI, e-PRO
Coldwell Banker Gundaker
"Bringing Families Home"
Cell phone:  314-422-2762
Office:  636-391-1122
email:  Linda@LindaandJim.com
website:  www.LindaandJim.com

 

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