R.E.Market Durham

Real Estate Market Durham. The saying goes, "All real estate is local". So true. But real estate is a fascinating animal. It is very small and very big at the same time, and is a metaphor for all that we hold dear in American culture and society - community, safety, risk, dreams, and unbridled optimism. Here, you'll see the everyday and the extraordinary. I want to REMarket the local conversation about real estate. I won't have all the answers, but hopefully I'll ask the right questions.

Friday, February 22, 2008

M/I Homes Beats Lennar's Deal

A couple of weeks ago, I posted about a great deal being offered by new home builder Lennar. Apparently, M/I Homes has decided to go one better. Lennar offered a 30 year fixed rate mortgage at 4.875% - M/I is offering 3.875% for the first year, which adjusts to 4.875% in years 2-30. Looks like the deals keep getting better and better.
Check out their TV ad and see which markets qualify for the offer at the M/I website.

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posted by Tamara Heyward @ 3:25 PM  

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