Homebuilder D.R. Horton Inc. is prepared to offer big discounts to buyers if sales don’t pick up by the start of the spring selling season, and other builders might be forced to follow suit, the Wall Street Journal’s Kris Hudson reports.
Orders for new homes were down 10 percent in October from a year ago, the Journal reports, citing a Zelman & Associates survey.
Source: blogs.wsj.com – See more at: http://www.inman.com/wire/homebuilders-may-offer-big-discounts-to-goose-spring-sales/#sthash.8quey4MM.dpuf
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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