Senile Home Builders

Housing is crashing. Homes are not selling. You are a builder with inventory is sitting for month after month after month, year after year. So what do you do? Increase the price of course. This is a new (well 3 year old new now) house for sale in East Cobb. On the market for over 800 days and counting.

3406 NIRMAL CT, Marietta, GA 30068

Price Increased: 04/05/06 -- $835,000 to $869,000
Price Reduced: 08/09/06 -- $869,000 to $835,000
Price Increased: 01/10/07 -- $835,000 to $889,900
Price Increased: 03/30/07 -- $889,900 to $954,000
Price Reduced: 06/16/07 -- $954,000 to $884,000

Another one just down the road, on the market for 700+ days.

1185 HAILEY SPRINGS CT, Marietta, GA 30062

Price Reduced: 08/18/07 -- $799,900 to $749,900
Price Increased: 01/03/08 -- $749,900 to $799,900

Good luck with all that guys.