The affordability gap between buying newly constructed homes and existing homes declined in the third quarter as builders look to capitalize on the uptick in demand with incentives. The price per ...
Monthly payments for new and existing homes are nearly equal due to builder incentives and stagnating prices. New home buyers saw lower rates and down payments in Q3. AI Summary Monthly payments for ...
Concerns about the economy and the cost of living are outweighing the appeal to buyers of cheaper newly built homes, builders say Housing affordability is a key obstacle that has continued to put off ...
Far from the big cities and coastal enclaves, there are still some affordable metros for Americans to call home. Sky-high listing prices and elevated mortgage rates are leaving prospective home-buyers ...
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