article thumbnail

What Kinds of Deals Can Homebuyers Expect on Black Friday?

Pro Builder

The share of listings with a price cut is highest from the beginning of July to the middle of September due to a seasonal slowdown in home sales toward the end of the year, but buyers could still see big discounts as they regain bargaining power in a housing correction. in September 2022, $11,291 off the original list price.

Deals 98
article thumbnail

In Pursuit of Affordability, Homebuyers Are Heading to Cities With the Biggest Climate Risks

Pro Builder

house hunters are looking to relocate to a different metro area as affordability constraints push homeownership further out of reach. That's because even though Sun Belt home prices soared during the pandemic, those metros remain a bargain for people relocating from expensive coastal cities.

Risk 52
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Instead, Clark Ivory reassumed his CEO duties and set a bold, uncharted course to diversify the company’s successful semi-custom, move-up home legacy to include affordable housing for an increasing underserved segment of buyers. Design Within Reach—Exploring Attainable Housing Options. See past Builder of the Year winners. and Outward.