New-Home Sales Plummet as Rising Costs Sideline More Buyers

Dated: August 31 2022

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Just a year ago, homebuilders were overflowing with new contracts and, at times, raffling off their few remaining lots to wait-listed buyers. But since then, buyer traffic has slowed significantly as costs have soared. Rising mortgage rates and high inflation have crashed the homebuilding party. Read more.

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Steven Merlo

Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This also means helping you und....

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