[Lorianne]

“The sales person was saying that they (homes) were going up $1,000 a week,” Dave Gustafson recalls. “So ... we signed right away.”

Oldest trick in the book. The moment a salesperson says "this price won't last" (even if its true) I'm out of there.

[HiJinx]

My salesperson didn’t say that - for us, it was “This is the last house, the builder wants to close out this project by the end of the year.”

We closed on 12/23/05.

I knew the price wouldn’t last, and I knew the builder had huge projects going in in Tucson, so I wasn’t worried about warranty work.

I also knew that I was getting a better price than most and that values were on the brink of plummeting. I plan on being here for at least another 10-12 years, so I’m not taking any of the equity out of my house now.

A couple just have to go into these kinds of transactions with both eyes open.

[Balding_Eagle]

Oldest trick in the book. The moment a salesperson says "this price won't last" (even if its true) I'm out of there.

A friend of mine had a house in the million plus range that wouldn't sell.

He started raising the price $50k every few months until it finally was gone!

Sometimes it works.