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110: Bullish Homebuilders, Affordable Housing, and Why Home Prices WON'T Move w/John Burns

On The Market

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The Effect of Incentives on New Home Prices

nationally, the home builders have dropped prices about 12%. And it's a combination of price declines and incentives. The biggest incentive is they've been buying down the mortgage rate. They're selling homes and their margins are still fine when they're doing that.

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