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Are New Construction Homes More Affordable in 2026? What Buyers Should Know
This podcast episode featuring real estate expert Alex Parmenidez highlights a significant market shift that makes new construction homes a financially viable alternative to resale properties. To combat high interest rates, over half of modern builders are offering aggressive incentives, such as direct price cuts and substantial closing cost credits. One of the most effective strategies discussed is the mortgage rate buydown, which allows buyers to secure a lower monthly payment by reducing their interest rate through builder-funded contributions. Additionally, the source emphasizes that…
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