Reported 1 day ago
As homebuilders face the highest levels of unsold homes since the Great Recession, they are cutting prices and offering mortgage incentives to attract buyers. With around 119,000 completed but unsold homes as of February, builders are adapting to increased inventory and challenging market conditions. Despite the buyer-friendly environment in states like Texas and Florida, broader regions still experience tight housing supply, leading to varied market dynamics across the country.
Source: YAHOO