11-14-2006, 03:41 AM
quote:
a contractor friend of mine just finished 3 houses and has 3 more he's finishing, had to lower the asking price on the finished ones $30k so far and no offers yet, they are up by volcano.
ABC/s Nightline had a very disturbing piece about the Housing Market on the mainland. In some cases sellers are offering up brand new cars to sweeten the deal. One offered to pay the first six months of a mortgage.
The best one was a 5 million dolar home in Malibu. It went months with out even one inquire...then they offered up two free years on a leased,brand new Mazerati. He got five offers within a few days!
So people(sellers) are really having to be creative to sell their homes these days. I know it's being felt to some degree here in the islands. But are people(sellers) here getting desperate yet to sell their homes/property?
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