Monday, October 30, 2006

More Home Builders Offering Incentives to Buy

I've noticed more homes on the market longer than they have been in past years and an article in the Morning Call (read it here) notes more builders are offering incentives to home buyers. Both are a sign of a slowing market.

In the Morning Call article it specifically mentions a development in Upper Nazareth as offering special financing and money toward closing costs.

With any luck, the slowing market will halt additional developments in the school district at least in the near future and until the district can get a handle on its building situation.

What do you think? Will development continue at pace or will it indeed slow?

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