Wednesday, June 04, 2008

San Diego Housing Market: Buy One, Get One Free

Link.

3 Comments:

At 6/04/2008 3:13 PM, Blogger juandos said...

Hmmm, considering the numbers of different California taxes and how much one would pay, I can't imagine that even getting one house for free is worth the effort...

 
At 6/04/2008 4:34 PM, Blogger Jason said...

Free house or no, you couldn't get me to live in Escondido.

 
At 6/04/2008 9:39 PM, Blogger OBloodyHell said...

Well, one place is 1.6 mil, the other is 400k, that's not quite "buy one get one free" which is usually another of similar value.

It's essentially a "25% off" deal. which is good but not amazing.

I'd suspect you can manage something similar in a bankruptcy foreclosure or a Fed seizure auction.

It's not even really like a Shoes BOGO -- since you can generally, if you can find one you like, get a second pair of similar, but lesser value than the first pair.

But as a marketing tactic, it's certainly attention getting. Smart on the part of the dealer.

 

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