Newly Built Home Prices at 5-Year Low Chart

Now might be a smart time to look at newly built homes. Builders are motivated to keep their inventory moving, so they’re offering incentives like mortgage rate buydowns and closing cost help to draw in buyers. It also means they may be more flexible on price. In fact, the median price for newly built homes just hit a five-year low for this exact reason. Builder perks and lower prices? That’s a combo worth paying attention to. DM me to talk through what’s available in our area and which builders are offering the best incentives today.