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Thursday, January 26, 2006 9:48 AM


Another Week - Another 12 hour sale at Centex


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Centex Homes - Washington DC - 12 Hour Sale!

  • $100,000 off
  • 100% financing
  • Seller pays all closing costs
  • 9 locations in Virginia, West Virginia, Maryland, Delaware
Poof 28 more developments were just repriced lower overnight.

Obviously there was never a better time to buy. Right?
Then again weren't they saying ....
There was never a better time to buy some $100,000 ago?

Some propose that the FED will lower rates soon and stop this decline.
Unfortunately
  • You can't do a refi when you are underwater on your house.
  • You can't do a refi if credit standards rise.
  • You can't do a refi at a lower rate if your credit sucks.
  • You can't do a refi if you are out of a job.
  • When psychology changes there will not be many buyers either.
Mike Shedlock / Mish
http://globaleconomicanalysis.blogspot.com/




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Another Week - Another 12 hour sale at Centex

Posted by Michael Shedlock at 9:48 AM

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