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43% of Builders Just Cut Prices. Incentives Are the New Normal #NewConstruction #TexasRealEstate

Builder confidence hit 29, the lowest since June 2012. 43% of builders cut prices last month and 65% are adding incentives. That's been the pattern for 19 months.

Full Market Update: https://youtu.be/FDwLSZRFO8U

Looking at a new build? Text BUILD to 817-689-6079.

General ranges, not a quote. Confirm your scenario with a lender. · NMLS #756263 · mikemillstx.com
#Shorts #NewConstruction #HousingMarket