Why Are New Homes Suddenly Cheaper?

Noticed new homes are getting cheaper? Median prices just dropped again, making it the biggest annual fall since 2022. But here’s the twist: while more folks are snapping up new builds, existing homes are getting pricier and selling slower. So, if you’re house hunting, you might score a deal on a brand-new place, but expect sticker shock on older homes. Mortgage rates are still high, so budget wisely! #housingmarket #realestate #homebuying #moneymoves #coffeebreakchatter