Home Sellers Offer Concessions At A Record 46% Rate As New Home Prices Fall Below Existing

businessreal-estate 4 posts · 2 accounts

46% of home sellers have offered concessions to buyers, reaching an all-time high, according to Redfin. The data highlights a broad adjustment in pricing behavior across the housing market.

Prices for new homes have fallen below existing home prices for the first time on record. Just 40% of non-homeowner households can afford a typical $200,000 starter home.

From the sources (4 posts)

@unusual_whales

"Gen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home," per FORTUNE

@polymarketmoney

JUST IN: New home prices fall below existing home prices for the first time on record.

@unusual_whales

BREAKING: 46% of home sellers have offered concessions to buyers, an all time high, per Redfin

@polymarketmoney

BREAKING: Just 4 in 10 non-homeowner households can afford a typical $200,000 starter home.

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