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A Timely Model For New Home Buying: Taking The Giant Mark-Ups Out Of Upgrades In A Post- Corona Virus World [Forbes]

Meritage Homes Corporation (MTH) 
Last meritage homes corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.meritagehomes.com
Company Research Source: Forbes
With U.S. stocks losing roughly one-third of their value in a month New construction for homes is often situation for buyers in which homes are advertised as being custom-made. This often involves a situation where the base model is quite basic, but the consumer is offered a wide variety of options that they can upgrade to, but at a cost. For example, getting hardwood flooring in an area that is not standard or adding a deck may cost more.  With many builders, some the “upgrades” may be things that an uninitiated buyer may have thought would standard, such as a kitchen backsplash or even basic frames for mirrors. Having been through this process myself, perhaps the most jarring aspect is having to balance the fact that one is making about as high involvement of a purchase as there is (and wanting to get everything right in their “custom home”), but is forced to accept mark-ups at a level they many simply would not accept in almost any other context. There are commonly thousands of sam Show less Read more
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