Centex Homes is running an outstanding "Year-End Savings Event" in a variety of the areas where they are currently building new homes.  Communities in Virginia include Northern Virginia, Richmond, Williamsburg and Hampton Roads.

Unbelievably, they are offering the following incentives:

• Up to $200,000 savings on purchase price
• All (allowable) closing costs paid
• 1/2 of all options built into the home
• Assistance selling your current home
• Reduced loan fees

Wow!  We haven't seen these types of incentives from builders in our area, but in some price ranges, perhaps we'll start seeing more of these incentives.  For example, there are 199 homes for sale in Harrisonburg and Rockingham County priced over $350,000 --- and buyers are committing at a rate of only nine per month.