$100,000 Cuts on New Homes Nationwide!
We are used to seeing all types of huge sales for car dealers, now we are seeing nationwide three-day sales that effectively cuts home prices by up to $100,000 through incentives and offers extra appliances and upgrades offer by the major U.S. home builder, K. Hovnanian.
Hovnanian said on Friday the sale, will start today through Sunday in the 19 states the home builder serves, including California, New Jersey, Texas, North Carolina and Virginia.
Hovnanian Chief Executive said the risk of recession was heightened and called for an interest rate cut by the U.S. Federal Reserve.
Our prior post National Home Price Index is @ It’s Lowest Point in Its Reported History
talked about the slump in new home sales.[tags]new home sales,real estate market,housing market,housing bust[/tags] San Diego real estate agent
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