All Aces Realty Group’s Post

People Want Less Expensive Homes – And Builders Are Responding In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. People Are Spending Less on Newly Built Homes Last year, only 58% of newly built home sales were less than $500,000. This June, that number was up to 65%. This means more people are buying less expensive newly built homes right now while affordability... #expertanswers #stayinformed

People Want Less Expensive Homes – And Builders Are Responding

People Want Less Expensive Homes – And Builders Are Responding

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