Tuesday, November 7, 2006

Incentives to lure buyers prop up prices (Folsom real estate)

Buyers latched onto mortgages with all kinds of exotic teaser rates to be able to afford the soaring home prices that sellers were demanding...
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NEW YORK -- Buyers latched onto mortgages with all kinds of exotic teaser rates to be able to afford the soaring home prices that sellers were demanding during the boom years. Now that the situation is reversed, buyers are demanding cash payments and other incentives that may be artificially propping up sales prices -- suggesting the market downturn could be even more pronounced than has been
Vancouver, BC, November 1, 2006--(T-Net)--Trimble (NASDAQ: TRMB) today announced that it has entered into a definitive agreement to acquire privately-held Meridian Project Systems, of Folsom, Calif., in an all-cash transaction.
At least six Sacramento-area homeowners who hired auctioneers to sell their houses are in escrow today after a dramatic live Sunday auction that also proved unable to sell six other homes.
The latest "DishyMix" show "Earballs and Eyeballs: Merging Music and Marketing" welcomes Ted McConnell of Procter & Gamble and early-stage tech investor Don Hutchison on Thursday, October 19th at 2:00 p.m. EDT. (PRWeb Oct 17, 2006) Trackback URI: http://www.prweb.com/dingpr.php/U2luZy1GYWx1LUhhbGYtQ3Jhcy1JbnNlLVplcm8=
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