Builders Dropping Prices - Where Does That Leave You?
With the way the market is going, builders are slashing prices of their existing inventory and offering incentives unheard of months ago.
For homeowners who jumped in at the height of the boom, the discounts aren't so good. In Quayside Court, a quiet cul-de-sac in Huntington, many residents who bought last year suddenly own homes worth a whole lot less--making it hard for anyone who has to refinance, sell, or borrow against the equity.
BusinessWeek story
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