XY7 will be giving away a number of gifts including Las Vegas condos, Porsches, BMW’s, Ferraris, Lamborghinis and much, much more.

XY7 announced its "Livin’ Large with XY7.com" rewards program.

This allows its affiliates to generate revenue to win luxury prizes such as a Porsche Boxster S, a Lamborghini Murcielago, and even condos at the MGM Grand Las Vegas valued at over $850,000.

Because the national market is starting to balance out prices are starting to become more realistic for local homes and believe it or not, even condos.

Now many local home builders are offering big incentive packages for buyers on standing inventory and on new homes that should be completed in the near future.

The only downside to this is in many cases the lender many not have the best loan program or the lowest rates.

These new incentive packages being offered for local homes and homes across the country vary widely from as little as $1,000 toward closing costs to $10,000 in upgrading options and all the way to $75,000 of the sales price.

For buyers who keep their ears to the ground they may be a way to take advantage of incentives without sacrificing on interest rates.