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- It is time for the New Home Builders to Shine
Many analysts are concerned for the housing market after the federal tax credit expires at the end of this month, but have no fear; more incentives are coming!
As existing home sales are on the rise, new home starts are starting to move again, however they are moving slowly. Builders are likely to be the next group to offer free options, upgrades and incentives, in order to get the new home sales market back into the game! In December of 2008, builders were offering all sorts of giveaways in an effort to get business in an industry that was slowly dwindling, it is unlikely that incentives offered will be as extreme as they were then, but they will be available.
According to Steve Melman, the director of economic services at the National Association of Home Builders (NAHB), "Incentives don't disappear, even in the best of times." he stated, "Even in the good times, builders will throw things in."
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