Seven-Year-Old Offers Loss Leader to Sell Parents Home.

…and the children shall lead them – to buy homes. CBS news reports in a slightly different story around extending the home buyer credit to include not just first-time home buyers but also move-up buyers. In this piece, reporter John Donovan observed Bella Segal, a seven-year-old girl who has set up a lemonade stand in hopes of helping her parents sell their home. She says  “I was thinking that we could sell lemonade to get people to come see the house”. She’s selling the lemonade with cookie for $.50. Pony up $500,000+ and she’ll give you the cookies, juice and the house.

Kids say the darndest things.

While some home buyers are living it up with waving $8000 checks from their happy little palms, the middle market may still be struggling. After all many move up buyers are technically first-time home buyers who now need to relocate. After seeing her skills, forget what Bernake has to say. I’ll wait to hear what ideas little Bella has up her sleeve.

Source: CBS