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Homebuilder Price Cuts

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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!):

From 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…There is more in the article. You can subscribe at https://calculatedrisk.substack.com/

Update: The Inland Empire

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