Home builders have a new trick to try to sell you a new home: They will help you get rid of your old one.

I was absolutely shocked as I was driving on the freeway today when I listened to a commercial from Shea Homes offering to sell you old home if you buy a new one from them. This type of strategy was unheard of a few years ago. I guess it’s a wake up call to all the flippers out there that spells doom. It’s amazing that with all their resources the builders are struggling to unload their new homes.

The next year should be very interesting.

Here is the link to the article: http://www.realestatejournal.com/buysell/markettrends/20060919-simon.html