LA builders offer incentives as home sales slump

Builders are increasingly offering buyers incentives in order to help sell their homes, with promotions including paying the closing costs, buying down mortgage rates and even straight discounts, which is a move they’re normally reluctant to make. “We are really working a little bit harder to get people in the door and to get people

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Which Distressed Homes Offer the Biggest Discount?

For home buyers who want to score the biggest discounts on a distressed property, they better be prepared to start the bidding.

Where the Best Foreclosures Roam

It is no secret that investors can gain windfalls by buying some foreclosed properties. A recent study shows clear advantages to buying forclosures in some cities too. Where price is the determining factor, clearly some places are better than others. But depressed markets have their down side too. Forbes’ list of cities most likely to drop prices again this year reveals at least cost advantages if the investor does his or her homework.

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