New homes become a bad deal in weak markets – msnbc.com
March 23, 2011 by sgtwak
Filed under Home business news
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New homes become a bad deal in weak markets
msnbc.com The median price of a new home was more than twice that. "That's as much of a difference as we've ever seen," said Steve Palm, president of Smart Numbers. "New homes can't compete, and that means jobs." An average of three jobs and $90000 in taxes are … Summary Box: New homes are becoming a bad deal as foreclosures make older … New homes are becoming a bad deal in weak markets |
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