by Calculated Risk on 1/17/2023 03:32:00 PM
Tuesday, January 17, 2023
Homebuilder Price Cuts
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!):There is more in the article. You can subscribe at https://calculatedrisk.substack.com/
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...