It looks locally-produced, and pretty low-budget.
At the end of the ad, they give this web address:
, which directs you to this website:
Which is, [surprise] a page on the King-Snohomish Counties' Master Builder Association telling you to get off of your can and go buy a house! Here's the first paragraph, as a teaser:
Congratulations – you're thinking about buying a new home! With low interest rates, a great selection of homes on the market, and the financial benefits of home ownership, now is the right time to buy.
Would somebody like to explain what the possible financial benefits of owning a home are, at today's prices? As discussed in another thread here, I figured out that even though I bought my house in 1997 (closed in early 1998), I would be saving about $500 more per month than I am now by renting (assuming my equity was invested giving a 5% annual return), and I wouldn't have to shell out $4-5K for new flooring (and $4-7K for a new furnace, and $$$K for new windows, etc). Through this and other housing bubble sites, my eyes have been opened to the true costs of home ownership (well, actually having one has too
).
Can you smell the desperation? Couple this with the sudden shutoff of easy mortgage money over this past week, and Houston, we have a problem. Builders sitting on all of these $$$ crapboxes, and no more funny money to buy them with.
What are your thoughts?
[Note: No builders were harmed in the making of this thread, and any resentment to actual realtors, real or photo-fuzzed, is purely intentional.]