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Tuesday, January 17, 2023

Homebuilder Price Cuts

by Calculated Risk on 1/17/2023 03:32:00 PM

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

A brief excerpt:

A short note on homebuilder price cuts courtesy of Rick Palacios Jr., Director of Research at John Burns Real Estate Consulting (a must follow for housing on twitter!):

Homebuilder Price CutsFrom Palacios on Twitter:
Nationally, just 16% of home builders haven't had to drop prices since the market peaked in March 2022. Most builders have dropped prices -6% to -10%. Very different story when you break it out by region however...
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