Builder confidence remains a closely watched indicator for anyone considering buying or selling a home. This August, confidence among single-family home builders edged up to 35, even in the face of continued economic uncertainty, rising costs, and higher mortgage rates. What’s worth noting for my clients: roughly 35% of builders cut prices by an average of 6%, and 63% are offering additional incentives to encourage buyers. The Midwest, in particular, is showing stronger momentum. These trends highlight both the challenges and the creative solutions builders are using to support buyers. When navigating these shifts, I always keep my clients’ best interests at heart and make sure you’re informed at every step, so these major decisions feel a bit more manageable.
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