Builder Incentives and Rising Inventory Make Now the Perfect Time to Buy!

by Luis Morales

The National Association of Realtors reports a 3.4% rise in existing home sales in October, with inventory of homes for sale up 19.1% year-over-year!

More Options for Home Buyers

This creates more options for home buyers to find the home they want after the low home inventory of the last few years.

This is the first annual sales increase since 2021 (+2.9%)!

New Construction Deals

In addition, builders are responding to new market dynamics after the election!

Most Notably:

31% of builders are reducing home prices (average cut: 5%)
60% of new construction homes are offering sales incentives.

If you would like more information on incentives being offered to new home buyers, I have the inside scoop on a lot of them! LMK and I can share them with you!

Ready to find your dream home?

These trends are creating a great environment for home buyers interested in buying a home with great deals potentially available.

REPLY BACK NOW if you want to find out more before more buyers jump in and push prices higher.