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Tales From The Water's Edge

My Mother and her friends visited the beautiful new Water’s Edge community on the Manasquan River in Point Pleasant, New Jersey last week. It’s being developed by Pulte Homes, a big publicly-traded home builder. Standard features include granite countertops, chrome Moen bath fixtures and hardwood floors. Mom was told that prices for the two-bedroom, two bath townhouses were now starting at $630,000, down from over $800,000 when the community was launched last year. My Mother asked if Pulte was offering any additional incentives to buyers. “They are $200,000 less,” the saleswoman said. “That’s the incentive.”

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