In the Race to Sell, Builders Are Offering Major Price Reductions
Pro Builder
DECEMBER 14, 2022
Just a 2% rate reduction can amount to thousands of dollars in savings, meaning that in pricey cities like Phoenix, where the median home costs $450,000, builders are fronting between $22,500 and $27,000 of the total sales cost to boost demand. New-Home Sales. Builders.
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