A builder's rate with a 5 in front of it is pulling buyers away from resale listings. But a $20,000 buydown on a $400,000 house came from somewhere, and a lot of times it's in the price. When that buyer sells, the next appraiser sees what they paid, not the coupon.
Full Market Update: https://youtu.be/FDwLSZRFO8U
Agents: want the new build and your listing run side by side? Text COMPARE to 817-689-6079.
General ranges, not a quote. Confirm your scenario with a lender. · NMLS #756263 · mikemillstx.com
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