Calculated risk: home building price cuts

by calculated risks 01/17/2023 03:32:00 PM

Today, in the Real Estate Newsletter Calculated Risk: Homebuilder Price Cuts

Brief excerpt:

A short note about homebuilder price cuts from Rick Palacios Jr., director of research at John Burns Real Estate Consulting (must follow housing on Twitter!):

from Palacios on Twitter:

Nationally, only 16% of homebuilders haven’t had to cut prices since the market peaked in March 2022. Most builders have cut prices -6% to -10%. Quite a different story when broken down by region but…

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