Current Trends in the New Home Market

With the price of newly built homes being close to the price of buying an existing home, we tackle the question of whether now is a good time to buy a new construction home. What does it take to build a house from scratch? How do you budget? How do you get homebuilder incentives? How long will it take? What is the difference between a production builder and a custom builder?

We discuss with REALTOR® Jacob Smith from Burlington, Vermont, Joel Berner from realtor.com and Danushka Nanayakkara from the National Association of Home Builders (NAHB).

We also find out if mirrored cabinets and dressers are hot or not.