Most of the new homes today come with stainless steel appliances and granite counter tops. A couple of years ago, it was an upgrade item. That’s why in a lot of the re-sale homes from 2005 and before have white tile counter tops and white/black appliances. Also in some of the more high end homes (1 million plus) you get 60K in high end appliances/granite included. These options, lender incentives, closing cost, landscaping, 3% broker comission are all hidden in the sale price. Prices are down 10%, but add these hidden cost to the builder and prices are actually down more then 10%. Just 2 years ago all you would get is a dirt lot, cement driveway, some tile (nothing fancy), tile counters, carpet, 2 1/2in baseboards, no fridge, no incentives, no broker co-op, white paint.