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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: valueminded who wrote (55286)	8/24/2006 2:53:14 PM
From: regli	Read Replies (1) of 116555

And here something about how people offer incentives that are not reflected in the sales price <g>: miami.com "... “Selling a house has come to this: offering a new X-Type 3.0 Jaguar to find a willing buyer. For five months, Victor Peralta tried to sell his four-bedroom home in Miami Shores. Twice he lowered the price, by $150,000 in all, yet only two people stopped in to see it. Now he’s dangling the keys to a $32,000 car before buyers’ eyes. ‘I had to do something,’ said Peralta, whose house now lists for $1.075 million.” “Peralta isn’t giving up hope. ‘The market is so bad,’ Peralta said. ‘I would have open houses and no one would show up. I hope by adding the car it works. If not, I guess I will have a new Jag.’” As you know there are lots of other ways, all of them not affecting the official price!

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