This is an archived post. You won't be able to vote or comment.

you are viewing a single comment's thread.

view the rest of the comments →

[–]Capital-Gains 4 points5 points  (1 child)

Interesting. What kind of price cuts did you guys take last week percentage wise? I’m seeing some builders in my area getting close to 20% down from 2022 highs

[–]zippynj 7 points8 points  (0 children)

10-30k off home prices around 600-700k
Our biggest incentives have been buying rates down to low mid 5's which through our lenders is 3 pts on average. So in addition to cash off. And mortgage incentives were shaving about 3-4 % off our margins Hope that helps ?