Builders slash prices on new homes as buyer traffic drops to 14-year low
Four in 10 home builders are cutting prices to boost demand, even as they face rising construction costs.
Four in 10 home builders are cutting prices to boost demand, even as they face rising construction costs.
Shelton said the bigger shift is getting clients off the rate number entirely. “I could tell somebody, ‘Hey, your interest rate is 3%, but your payment is $3,000,’” she said. “If they can’t afford or don’t feel comfortable with that $3,000, it doesn’t really matter what the interest rate is. We just shift the focus…
A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…
Tuolumne County, CA, in the Yosemite foothills, lost more residents than any other fire-prone U.S. county in 2025. It was followed closely by Sutter County, also in rural Northern California. Just one-third of the country’s 308 fire-prone counties lost more residents than they gained, while the other two-thirds gained population. Pinal County, AZ, located between…
A slow-selling Upper East Side condo project has already swapped out sponsors and changed up the art on the walls. Now, it’s switching up its sales team. The Agency’s Michael Biryla and John Antretter are taking over sales of the final 24 units at Centurion Real Estate Partners’ 200 East 59th Street, now dubbed the…
Bob Elliott sparks buzz highlighting the bargain level of TIPS.
House hunters had more negotiating power in September than they’ve had since the housing market crashed after the 2008 financial crisis, with 63% more home sellers than buyers. The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers rose to its highest…