Las Vegas...
http://www.inbusinesslasvegas.com/2007/08/03/feature1.html
Credit crunch hurts housing
By Brian Wargo / Staff Writer
Meritage closed its model homes at the master-planned community of Inspirada in Henderson.
In a sign of a struggling housing market, Meritage Homes has shuttered its sales center at Inspirada after making no sales. The homebuilder has opted to go back to the drawing board and design homes that are more affordable and better fit the buyer's lifestyle.
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Builder Incentives....
http://online.wsj.com/article/SB118661750287092393.html?mod=todays_us_personal_journal
Anxious Builders Pile On Incentives
Perks, Price Cuts Become More LavishAs Developers Grow Increasingly Desperate;Would You Like a Pool With That?
By JEFF D. OPDYKEAugust 9, 2007; Page D1
With the housing market looking increasingly frail, home builders and real-estate agents are going to new extremes to attract buyers, dangling lavish incentives and slashing prices.
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