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See the original image at jimolenbush.com

Buy One Home, Get One FREE!

jimolenbush.com — The real estate market is getting pretty desperate in some markets. A builder in California is offering a buy one get one free special...on a home.

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  • DennisPease, on 06/03/2008, -0/+2Incentives have been very popular with builders to keep home prices up and still entice buyers, but that is some incentive. It seems like the free homes will kill the comps for that neighborhood though. ;)
  • LordMalok, on 06/03/2008, -0/+3Heh, that adds a whole new meaning to buy one, get one free. Its just an extreme example of how desperate some builders are becoming in today's softening real estate market.
  • brad3378, on 06/03/2008, -0/+1Sounds like a publicity stunt.
    The first house probably costs twice as much as it should.
  • cbrsig, on 06/03/2008, -0/+0let's see the "terms and conditions"
  • RSjmiller, on 06/03/2008, -0/+2If you read the latest news you'll see that consumer confidence is at 56% in the housing market and thus builders are resorting to try anything to get sales... http://digg.com/business_finance/Survey_Shows_Mort ...
  • PMG2007, on 06/03/2008, -0/+1that reminds me of my real estate radio advertising days, no payments for 12 months, 1% 30 year fixed. There was a lot of bs, however, at this point in time it wouldn't surprise me if they did give another house away for free
  • babycakes233, on 06/03/2008, -0/+0OMG this is just getting silly
  • StingingNettle, on 06/03/2008, -0/+2*of equal or lesser value
  • eracovda, on 06/05/2008, -0/+0When the idea of Buy One Get One Free came around many moons ago, this was an exciting concept. It is STILL something we still look for in advertisements every Sunday and the savings are much appreciated by consumers. If gas companies would follow along with this idea everyone would be happy and jumping all over it without question. Skepticism will only prevent people from taking advantage of this unique opportunity.
  • Ryan805, on 06/06/2008, -0/+1Buy my home, get a free beer!
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